CAYMAN ISLANDS: SHORT INFORMATION ABOUT JURISDICTION

Location: Caribbean Sea, between Cuba and Central America
Time: Moscow – 8 hours
Area: 262 sq. km.
Population: 43,103
Capital: George Town
Language: English

Currency: Cayman Islands Dollar, CI$1.00 = US$1.20
Тype of company: Exempt Company, Non-resident company
Мinimum authourised share capital: not fixed, standard USD 50,000
Taxation: pays annual government fee
Annual return and accounts: not required
Annual audit: not required
Owners: can be both individuals and corporate bodies
Nominee services: available
Need to travel: no
Time to supply documents: 2-3 weeks
Additional information: Hague Convention 1961 applies

Standart set of corporate documents includes:
— Apostilled set
— Notarial Certification
— Original of Certificate of Incorporation
— Original of Resolution of the subscriber / Appointment of first directors
— Original of Memorandum and Articles of Association
— Original of Tax Certificate (if needed)
— 2 share certificates, copy of corporate documents
— seal

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