The public does not have access to the register of members from the office of the Registrar. However, the register of members of any company, except an exempted company, may be inspected by any person at its registered office subject to the provisions of the Companies Act and reasonable restrictions as the company may impose.
A non-Caymanian can be the shareholder of an ordinary resident company. However, as required under the Local Companies (Control) Act, where business is to be carried out in the islands, there has to be at least 60% Caymanian beneficial ownership.
Section 40 of the Companies Act requires every company to keep a register of members which should display –
Changes to shareholders should be filed through grmanual@gov.ky and should be supported by:
Expired passports are deemed invalid hence will not be accepted by the Registry.
The share capital can be changed by resolution which should state:
The resolution is to be sent to ROC through grmanual@gov.ky along with the filing fee.
CAP users to file through the relevant share capital options.
Ordinary resident (local) companies are required to file changes to their shareholdings with ROC. All changes should be supported by relevant documentation such as: