What are the requirements for registering a Cayman company?

Updated on Financial 2024-03-22
6 answers
  1. Anonymous users2024-02-07

    1. Registered authorized capital: The minimum registered capital is 50,000 US dollars. Additional taxes will be levied on excess of the standard capital.

    2. Requirements for directors of Cayman companies: at least one director must be appointed, and natural persons (over 18 years old) or legal persons without nationality restrictions can serve as directors at the same time; Directors' information must be disclosed to the Companies Registry, but such information will not be made available for public search.

    3. Requirements for shareholders of Cayman companies: at least one shareholder must be appointed, and natural persons (over 18 years old) or legal persons without nationality restrictions can serve as directors and shareholders at the same time; The information of shareholders only needs to be filed with the registered person.

    4. A letter of introduction from a professional (accountant or lawyer).

    5. Cayman company registration person: A Cayman company or individual (with Cayman residency status) must be appointed as the registered person.

  2. Anonymous users2024-02-06

    Cayman Company Registration Conditions:

    1. The name of the Cayman company.

    The company name cannot be similar or identical to the name of an existing company; Secondly, if the name wants to include words such as bank, **, insurance, trust, rebanking, etc., it needs to be approved first; Then, the company name is allowed to contain words such as international, group, holding, industrial, etc.; If the company name needs to be added in Chinese, it must have an English translation, and the registration documents must be written in English.

    2. Composition of Cayman Company.

    To register a Cayman company, there must be at least one ** owner, at least 18 years old, both natural and legal persons, and no nationality is limited; There must be at least one director, with the same requirements as shareholders; It is not necessary to have local shareholders and directors for the establishment of a company, but a Cayman company or an individual with local residency status must be appointed as the registered person.

    3. Registered address of the Cayman company.

    The location must be located within the jurisdiction of Cayman**; It is possible to set up a company office in China.

    4. The business scope of the Cayman company.

    Register a Cayman company, with a wide range of business scope, as long as it is legal, you can choose freely.

    5. The registered capital of the Cayman company.

    There is no limit on the capital of a Cayman registered company**, but it is generally at least US$50,000; The capital can be divided into 50,000 shares at $1 per share, which is used as internal financing for the company; You can choose to issue a registered or bearer**.

  3. Anonymous users2024-02-05

    Conditions for Cayman company registration.

    1. Registered capital: The Cayman Islands** has no restrictions on the registered capital of its offshore companies, but the general practice is to use US$50,000 as the minimum registered capital for registration. The capital can be divided into 50,000 shares at $1 each;

    2. Company shareholders: Cayman stipulates that at least one shareholder is required for company registration, which can be a natural person or legal person, and there is no nationality restriction. Cayman Islands offshore companies can choose to issue either registered or bearer**;

    3. Company directors: at least one director is required. The director can be a legal or natural person and there are no restrictions on nationality;

    5. Tax requirements: A registered Cayman company does not need to prepare and submit financial statements, and does not need to declare or pay any taxes, except for the annual license fee;

    6. Company secretary: A Cayman company does not need to hire a local secretary, but must appoint a Cayman company or individual (with Cayman residency status) as the registered person.

  4. Anonymous users2024-02-04

    1. Registered capital: The Cayman Islands** has no restrictions on the registered capital of its offshore company, 2. Shareholders: at least one shareholder, who can be a natural person or a legal person, and there is no nationality restriction. Cayman Islands offshore companies can choose to issue either registered or bearer**;

    3. Director: At least one director is required. The director can be a legal or natural person and there are no restrictions on nationality;

    4. Registered office: the registered office must be located in the Cayman Islands;

    5. Company name: Cayman company registration has no special requirements for the company name, regardless of the size of the registered capital, the company name is allowed to contain international, group, holding, industrial and other words, and please note that if the company name appears bank (bank), trust (trust), mutual fund (**), insurance (insurance), or reinsurance (reinsurance) and other words, it needs to be licensed by the relevant ** department. If you need to add Chinese, you need to have an English translation, and the registration document must be written in English.

    6. Financial statements: Registered Cayman companies do not need to prepare and submit financial statements;

    7. Tax requirements: A registered Cayman company does not need to declare or pay any taxes, except for the annual license fee.

  5. Anonymous users2024-02-03

    Cayman Company Director: One or more directors, who can be a legal entity or a natural person of any nationality;

    2. Secretary of the board of directors of the Cayman company: Although it is not mandatory to appoint the secretary, BVI** recommends this;

    4. Board meeting of Cayman company: the directors can hold a meeting in any country or participate in such a meeting through **;

    5. Registered capital of Cayman company: the standard capital is US$50,000, divided into 50,000 shares, and each share is US$1;

    6. Cayman company tax: exempt from any tax on business activities and business activities engaged in outside the British Virgin Islands;

    7. Cayman company seal: Cayman company must have its own company seal, and the style of the company seal must be reported to the company registration office;

    8. Equity of Cayman company: directors or senior managers of the company may not be shareholders of the company. Only one shareholder is required to be over 18 years old, and the personal information of shareholders is not subject to public banquets.

    However, the register of shareholders must be kept at the company's registered office in the BVI. The company may issue either registered or bearer**.

  6. Anonymous users2024-02-02

    Conditions for Cayman company registration: at least one shareholder, who can be a natural or legal person, and there is no nationality restriction. There must be at least one director, who can be a legal or natural person and there are no restrictions on nationality.

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