Grand Cayman Islands.

General 

Basis of Legal System

Common

Type of Company

Exempted

Tax on Offshore Profits

Nil

Exchange Controls

No

Redomiciliation Permitted

Yes

Time to Form

3 Days

Shelf Companies Available

Yes

Corporate Requirements 

Minimum Shareholders

1

Minimum Directors

1

Corporate Administration 

Bearer Shares Permitted

Yes

Location Board Meetings

Anywhere

Corporate Directors Permitted

Yes

Administration

Anywhere

Local Requirements 

Registered Office/Agent

Yes

Company Secretary

No

Director

No

Meetings

Annual Dir..

Public Filings 

Directors

Yes

Shareholders

No

Beneficial Owners

No

Annual Filing Requirements 

Annual Return

No

Audited Accounts

No

Approximate Costs 

Agent min. / Annual Admin.

U.S. $1,200

Gov. Min. Annual Statuary

U.S. $575

Total Est. First Year Fees

U.S. $3,700

Additional Services 

First Director (per year)

U.S. $450

Nominee Shareholder (per year)

U.S. $500

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