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Cayman Islands Company Formation

Article Source:Youxinda Business Popularity:768 Published time:2014-12-15 11:59:29
Cayman Islands, situated in the West Caribbean Sea, 640 km south to Miami and 268 km northwest to Jamaica, belongs to British Overseas Territory. Cayman is one of the two offshore jurisdictions accepted by Hong Kong Stock Exchange for listing in Hong Kong.

Cayman Islands Companies Act is based on English Common Law. Companies are of two categories: Exempted Company and Non-Resident Company. Exempted Company is a more popular form of registration, the name of which need not end with "Limited", and it can apply for a 20-year term tax exemption certificate to further increase its tax advantages.

Advantages
Provide privacy protection, without disclosing shareholders and directors
Company is granted listing in Hong Kong Stock Exchange
No tax shall be declarable and payable
Chinese name can be shown in the Certificate of Incorporation of company
Cayman has no double taxation treaties with any other countries
No exchange control, easy to raise capital
General Requirements
There shall be at least one shareholder and director, who can be legal person or individuals, without nationality restriction.
Standard Registered Capital
USD50,000
Required Information and Time for Incorporation
Chinese and English names of company
Copies of ID cards or passports of shareholders and directors
Registration of company (requires 30 days or so)
If you would like more information about Cayman Islands Company Incorporation, please contact our professionals and we will provide you with free advisory.

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