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The relevant laws and regulations before the registration of Cayman company

Released Date: Dec 01,2022 Article Source: HUANZE

Cayman company and our common company registration in Hong Kong has a big difference, today we will specifically talk about Cayman company what special matters.

Cayman company and our common company registration in Hong Kong has a big difference, today we will specifically talk about Cayman company what special matters.

First, the registered capital of Cayman companies: The Cayman Islands government does not impose a limit on the registered capital of its offshore companies, but the general practice is to adopt50,000The dollar is registered as the minimum registered capital. Capital can be divided into50,000Per share1.00Dollar, if more than 50,000In dollars, the government will pay more for annual inspection every year.

Second, Cayman company shareholders: at least one shareholder, can be natural or legal person, no restrictions on nationality. Cayman Islands offshore companies may choose to issue registered or bearer shares.

Third, Cayman company directors: at least one director is required. Directors can be legal persons or natural persons, and there are no restrictions on nationality.

Fourth, Cayman Registered Office: The registered office must be located in the Cayman Islands.

Fifth, Cayman company name: there is no special requirement for the company name, unless authorized, otherwise the company name cannot appearBANK(bank) ,TRUST(trust),MUTUAL FUND(fund),INSURANCE(insurance), orREINSURANCE(reinsurance)And so on. 

Sixth, tax requirements of Cayman companies: do not need to declare or pay any tax, except the annual license fee. 

Seventh, the secrecy of Cayman companies: overseas companies registered and established in Cayman Islands enjoy a high degree of secrecy, and the company's shareholder list is completely closed to the public.

The relevant laws and regulations before the registration of Cayman company

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