Is it difficult to register a Cayman Islands company? What to offer?

Updated on Financial 2024-05-25
2 answers
  1. Anonymous users2024-02-11

    It is not easy to register an archipelago company, the policies of each place are different, and the registration of an archipelago company in Cayman must first prepare the information, and it is relatively easy to register it when the information is complete. Hengtong International tells you that you need to provide the following information to register a company in the Cayman Islands:

    1.Company Name: The name of the company (the name can end in:

    limited、corporation、incorporated、societe、anonyme、ltd.、inc.、corp.

    Names cannot be used: royal, imperial, government, chartered.

    2.Certificates of directors and shareholders: one or more persons, natural persons, no nationality restrictions, and must be at least 18 years old;

    3.Personal permanent residential address: generally the address shown on the ID card, if it is a passport or an overseas person, please provide the personal permanent residence address of the directors and shareholders, not a mailbox, or an industrial zone address;

    4.The registered capital of the company: from 5w US dollars, no capital verification is required;

    5.The nature of the company's business: that is, the company's business scope, in principle, there is not much restriction, and it can operate any kind of business under the premise of legality; Special industries such as finance, banking, credit, and insurance are subject to special approval.

    In addition, the process of registering a Cayman company is as follows: verify the name, sign the agreement, check the background of the directors and shareholders, sign the final confirmation letter, wait for 35 working days to be completed, and wait for the documents to be expressed.

  2. Anonymous users2024-02-10

    Everything is difficult at the beginning, crossing the river by feeling the stones.

    1. Approve the name.

    After determining the type, name, registered capital and proportion of the company, it is necessary to submit an application for name approval to the industrial and commercial department where the registered address is located.

    Friendly reminder: Now you can use the official website of Changzhou Industrial and Commercial Bureau for online name approval, or you can go to the industrial and commercial window where the registered address is located to verify the name. It will take 1-3 working days for the name to be registered, and if it fails, it will need to be re-verified. )

    2. Online registration.

    After the name is passed, our next step is to log in to the official website of Changzhou Industrial and Commercial Bureau for online registration, fill in the basic information of the enterprise, equity distribution information, executive information, business scope, etc., and then submit the pre-examination, online pre-examination generally takes 2-3 working days, if the approval is passed, you will receive the notice of approval for registration and the articles of association, shareholders' resolutions and other electronic texts, which need to be printed out one by one and signed by the legal person and shareholders according to the requirements.

    3. License approval and collection.

    The signed paper materials will be submitted to the industrial and commercial window where the registered address is located for review, and the industrial and commercial notice will be issued for the license within about 5 working days.

    4. Engraving and other matters.

    After receiving the business license, it takes 1-2 working days to go to the designated engraving point of the Public Security Bureau: the company's official seal, financial seal, contract seal, legal representative seal, and invoice seal.

    5. Tax reporting.

    After completing the company registration, you need to go through the tax registration first, and you need to provide the information of a financial person in charge when you register.

    6. Apply for a basic bank account.

    After the company registration is completed, it is necessary to open a basic bank account and sign a tripartite agreement with the tax bureau and the bank.

    7. Bookkeeping and tax declaration.

    From one month after the establishment of the company, a professional accountant is required to keep monthly bookkeeping and make regular tax declarations to the tax authorities, which includes checking the type of tax, the tax rate, understanding the time to declare the tax, and contacting the tax officer in charge of the enterprise. It is also necessary to purchase an electronic key for the declaration and payment of national and local taxes, keep accounts in accordance with the law, and declare and pay taxes according to the approved taxes.

    8. Open a social security account.

    Within 30 days after the completion of registration, open a corporate social security account with the social security bureau under the jurisdiction of the region.

    9. Apply for tax control and invoice.

    If the enterprise needs to issue invoices, it needs to apply for tax control equipment, participate in the training on the use of tax control plates, and verify the application for invoices.

Related questions
11 answers2024-05-25

To register a company in the Cayman Islands, the materials and procedures required are as follows: >>>More

14 answers2024-05-25

1. There is no tax on companies registered in the Cayman Islands, which is applicable to individuals, companies and the trust industry; >>>More

9 answers2024-05-25

Hello, to register a company in the Cayman Islands, first of all you need to provide the following information: >>>More

12 answers2024-05-25

There is no mandatory requirement for companies to employ a company secretary under Cayman's company law, so companies are free to choose whether to hire or not to employ them.

5 answers2024-05-25

1.Shareholder requirements: At least 1 shareholder must be appointed, and a natural or legal person of any nationality and place of residence can act as both a director and a shareholder; Shareholders' information only needs to be filed with the registered person. >>>More