company formation in Cayman islands

CAYMAN ISLANDS COMPANIES

(fees quoted are exclusive of VAT)

 

INFORMATION REQUIRED FOR REGISTRATION

  • Minimum of one director and one secretary, neither of whom need be resident (although this could change as a result of the OECD commitment).

BEARER SHARES

  • The shares can be in Bearer form. However, according to new legislation introduced in the Cayman Islands in 2001, the shares must be held by a custodian in the Cayman Islands.

Incorporation normally takes two days.

Fee's
INCORPORATION COST
(Exempt Company)
 £1,500
Government Registration Fee (based on authorised share capital of $50,000) £400
Maintenance Costs:
This charge is payable in advance and includes: Provision of registered office, company secretary, director, nominee shareholder, filing of Annual Returns, holding statutory meetings, maintaining corporate records including Minute Book, Register of Members, Register of Directors and Officers. £1,000 per annum
Total first year costs £2,900.00
Annual costs thereafter includes:
Annual Government Fee for an Exempt Company
(payable in January each year) 		£400 per annum
Maintenance per annum
(services as described above)		 £1,000 per annum

MAINTENANCE SERVICES

Fees will be charged for any additional services performed at our normal rates. Such fees are usually based upon time spent with the complexity, urgency and responsibility involved and for work of an unusual or exacting nature. These fees are normally invoiced quarterly in arrears and invoices are payable upon receipt.

PLEASE NOTE WE REQUIRE ALL CLIENTS TO SATISFACTORILY COMPLETE OUR DUE DILIGENCE REQUIREMENTS AND COMPLY WITH THE MONEY LAUNDERING REGULATIONS 2007.