Register your Company in Cayman Island in 4-5 days (upon validation of your identification documents)*
Client confidentiality protection via secured systems.
Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
A dedicated manager is available throughout the year to administer your company.
Complete our order form and make the payment for your chosen services. You will then be assigned a client manager to assist you through the incorporation process.
Your account manager will ask you for official documents which are required for your company formation.
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Our client portal will give you immediate access to all your documents as well as display your company structure.
Good to Know
Cayman Island companies are not subject to any form of direct taxation in the Cayman Islands. The Exempt Company may additionally benefit from a tax exemption certificate granted for a period up to 20 years as a safeguard against the local system of company taxation.
| Company type | Limited Company registered under the Exempted status. |
| Governing corporate legislation | The Cayman Islands Monetary Authority is the governing authority and companies are regulated under The Companies Law (2016 Revision). |
| Information published relating to company officers | There is no public register of company officers. |
| Accounting requirement | No auditing / reporting requirements. However, under section 59 of the Companies Law, a company is required to keep books of account which give a true and correct view of its affairs, including, where applicable, material underlying documentation including contracts and invoices. |
| Taxation | No local taxation however, companies which are not “tax resident” outside of the Cayman Islands and which conduct a Relevant Activity must meet substance requirements under Cayman’s Economic Substance Law or face important penalties. |
| Legislation | Modern offshore legislation. |
| Standard currency | US$ |
| Time to form | The Cayman island has a fast and efficient registry: it takes about 2 to 3 working days to register a company (upon validation of your identification documents). |
| Stability | Stable jurisdiction with a very good reputation. |
| Communication | Efficient communication means. |
| Time zone | Convenient world time zone: GMT-5 |
| Secretary required | No |
| Paid up capital requirement | No paid-up capital requirement. The standard share capital is USD 50,000 but can be amended to fit your requirements. |
| Renewal Date | Anniversary date of the company / Each Year |
| Basis of legal System | Under Common Law. |
| Minimum directors/shareholders | Minimum of 1 director/shareholder |
| Bearer shares | Bearer shares are not permitted |
A certified copy 
of your passport (specific wording required), a certified copy of proof of domicile dated less than three months (specific wording required), a curriculum vitae, as well as last 3 months’ bank statement. All in original.**
The type of company that we form in the Cayman Islands is known as Exempted Companies, commonly known as offshore companies, and are regulated under The Companies Law (2020 Revision). An Exempt Company is a company that is registered in the Cayman Islands and conducts its business activity purely outside the island.
No, Exempt Companies formed in the Cayman Islands are exempt from any form of taxation in the Cayman Islands as long as the Exempt Company does not conduct its business in the Cayman Islands.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
No, there is no public register of company officers in the Cayman Islands.
A minimum of 1 director and 1 shareholder should be appointed to setup an Exempt Company in the Cayman Islands.
No accounting/reporting requirements.
However, the section 59 of the Companies Law requires the company to keep all financial records, which should reflect the financial position of a company and to allow for the preparation of financial statements.
The shareholders’ liability in an Exempt Company is typically limited to the amount of shares respectively held by them.
No, there is no paid up capital requirement. The standard share capital is USD 50,000 but can be amended to fit your requirements.
No, bearer shares are not allowed in the Cayman Islands and tend to disappear from most jurisdictions.
31 January 2023
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
out of 5 stars
customer rating
Customer satisfaction rate, testimonials verified by Feefo.com
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. GCM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend GCM to any professional looking to set up in the UAE or even just to benefit from their advice.
The service renderade was proactive, engaged and well excecuted.
Service was excellent from start to finish. Anna Hochberg was always available to give advice and options and walk us through the process.
Transparent, efficient with very good communication flow. The result was a smooth and quick registration of a new company, exactly as required.
The Cayman Islands also have a highly favourable business climate and stable political climate, making it a leading offshore financial center. It also offers a highly developed financial industry and a business-friendly legal framework.
With our streamlined company formation process, GCM can assist you in forming a company in the Cayman Islands. You can count on us to ensure that your business is in good standing with the authorities by renewing your company license and ensuring other compliance matters are handled properly.
We offer efficient company formation services that cover all aspects of the process, including company license renewal. Feel free to reach out to us for further information on this or to learn more about the cost of registering a company.
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