Who is a beneficial owner?

A beneficial owner:

  • Holds, directly or indirectly, more than 25% of the shares or voting rights in the company;
  • Or has the right to appoint or remove a majority of the company’s board of directors.
  • If no individual in the company meets those conditions, the beneficial owner is the person who (directly or indirectly) has significant influence or control over the company, through either direct or indirect ownership. This does not apply if such control is solely in the capacity of a manager, director or adviser. Refer to Beneficial Ownership (Companies) Regulations (2019 Revision)
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What is needed to set up my account?

Before you begin, do ensure that you are a principal/connected person of the company (e.g. director, secretary, treasurer etc.) and have the following ready:

  • – Valid (not expired) Government-issued ID (Passport, driver’s licence, Cayman Voters Registration card).
  • – Address – Street Name & Number, city, mailbox, postal code
  • – Email Address

Visit www.cbp.ky

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What services are available on CBP?

The following services are available on CBP:

  • Company registrations
  • Issuing of certificates
  • Filing of directors and officers
  • Filing of beneficial ownership information (for ordinary resident companies that have not engaged a corporate service provider)
  • Registration of non-profit organisations (“NPO”)
  • Change filings for NPOs
  • Payment of annual fees and filing of annual returns for companies & NPOs
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What are the benefits of using CBP?

The benefits of using CBP include, but are not limited to:

  • The ability to perform business with the Registry without visiting the office.
  • Ease of document retrieval and information sharing at clients’ convenience
  • Reduced cost of printing (documents filed & returned electronically)
  • Faster turnaround time
  • CBP is housed in a secure data centre
  • All communications and transactions are encrypted
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What is CBP?

The Cayman Business Portal (CBP) is the portal to access the Registrar of Companies to register and maintain local companies that do not have a corporate service provider as their registered office.

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