An ordinary resident company carries on business within the Cayman Islands. Resident companies must maintain at their registered office, open for public inspection, a register of their past and present members. They must also report annually to the Registrar, giving the names and addresses of members, directors, and the amounts of paid-up capital. This type of company is also allowed to hold land as defined under the Companies Law.
If you are registering a Resident Company without the services of a licensed service provider, Cayman Business Portal (CBP) is your resource for online tools and support.