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Corporate Services FAQ

How do I establish a Cayman company?

The first step is to complete and submit our incorporation questionnaire.

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What type of company do you offer? We incorporate Cayman Islands Exempted Companies.

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What is the minimum share capital requirement? There is no minimum paid up capital requirement.

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How much does it cost to incorporate a company? Minimum Government fees total USD575.00

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What are the annual maintenance fees? Minimum Government fees total USD575.00

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What is the taxation rate applied to companies in the Cayman Islands? There is no capital gains or income taxation in the Cayman Islands. NOTE: Entities that are subject to taxes on an international basis should seek independent advice from their tax advisors.

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How long does it take to incorporate a company? Express - 24 hours (additional fees apply) Regular - 3 days

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What is the minimum number of members? One member Back to top  Where will the company be registered? At our local office address

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Must a director or secretary be resident? No

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Are corporate directors allowed? Yes

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Does NCB provide directors and officers? NCB provides secretarial services. We can arrange for provision of directors. Back to top  Is a company seal necessary? No Back to top Who keeps the minute book? The minute book can be held anywhere. However copies of the minutes of meetings and resolutions should be held at our office.

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Are audited financial statements required? Audited financial statements are not required for unregulated companies.

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Is disclosure of profits required for annual returns? No Back to top Is migration into and out of the jurisdiction possible? Yes

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