What laws apply to company formation?
Local Companies (Control) Law (As Revised) – Resident Companies Only
How many people do I need to incorporate a company?
A company may be formed with one member who may also serve as director/officer of the company. The only exception being exempt limited duration companies that are required to have a minimum of two (2) members.
Does incorporating a company protect my personal assets?
If business is conducted in the name of the company, yes it will.
Do you accept Bilingual documents for registration by way of continuation?
Entities that have been incorporated in non-English speaking jurisdictions are required to submit the original documents PLUS the English version translated by a certified translator.
Do you accept Bilingual incorporation documents?
The Registry ONLY accept incorporation documents in English Language.
I want to start a company that is able to do business in the Cayman Islands and outside of the Cayman Islands. Which company type would I choose?
The Registry does not provide legal/business advice. The type of company that is most appropriate for your business model is best determined through consultation with your Legal Counsel.
How long does it take to complete the registration of a company?
Express service is within 24 hours
Regular service is 3 – 5 business days
Where can I find the forms to register a company?
The Registry does not provide forms to register companies. Memorandums and articles and other relevant documents are prepared for the proposed company by its principals based on the Companies Act.
What documents are required to register an ordinary resident (local) company?
The required documents for the registration of an ordinary resident (local) company are:
- Memorandum of association
- Articles of association.
What is the process for registering a company continuing in the Cayman Islands from another jurisdiction?
Registration by way of continuation is governed by Section 201 of the Companies Act (as revised)