Spotlight On: The Cayman Islands

For those seeking friendlier business climates in which to operate, The Cayman Islands has long offered resolve. Finding access to investment and opportunities that would otherwise be out of grasp, offshore territories provide a safe space, removing some of the bureaucratic red tape which often restricts businesses and inviting foreign investment.

The Cayman Islands, a British Overseas Territory situated in the Western Caribbean Sea, offers international growth through a diverse global network. It has long been one of the world’s most popular destinations for offshore hedge funds, holding companies amongst other entities. The reason for its popularity? The favourable business environment and connections.

But what are these attractive policies and how can they help you grow your company?

Favourable Tax Regime

With no direct taxes for income, capital gains or inheritance, companies looking to minimise their tax liabilities can find respite in the Cayman Islands. The territories tax neutral regime offers a globally responsible tax model which poses no harm to other countries tax systems. While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.

Banking and Infrastructure

A reliable banking system and modern infrastructure, including telecommunications, the Cayman Islands reputation is built on its stable economy. An abundance of long-established financial services support the banking system, offering added security and peace of mind. The islands adhere to international regulatory standards and are committed to regulation and compliance, particularly in the case of money laundering.

Stability and Reputation

Lastly, the long-held political stability of the territory offers high-levels of security for capital and assets. Predictability is often high on the list of traits sought after by offshore investors. When forming a company offshore, being certain that your investments and business practices are protected and secure means less worry and more focus on growing your business.

The Cayman Islands has a solid reputation for stability and security around the globe. The benefits do not fall solely on the incoming businesses. For the territory, securing foreign investment offers massive positive impact for the economy both locally, and on a global scale. This modern approach to attracting foreign investment is replicated all around the globe, by many nations and territories.

With SFM, you can register a company in the Cayman Islands in the same simple approach as in other jurisdictions. In just 5 simple steps, we can register your company and be ready to do business in as quick as 2 working days.