The Cayman Islands are a famous offshore center that attracts many businessmen. Their stable political environment and reliable legal system make them a safe and secure platform for setting up and running a business. Against a background of high levels of privacy and data protection, the Cayman Islands attract businessmen seeking to ensure the anonymity of their financial transactions. The rich financial infrastructure and experienced professionals make these islands an ideal choice for setting up and managing offshore companies.

Manimama ensures a seamless company registration process in the Cayman Islands. Trust us to provide expert guidance and support, so your business can thrive from day one in the Cayman Islands. Start your journey with confidence, knowing you have the best team by your side.

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Legal Opinion about the Cayman Islands as a Jurisdiction for Company Formation

Ganna Voievodina

Manimama

CEO

"The Cayman Islands offers a highly favorable environment for company formation due to its tax-neutral status, which means no taxes on profits, income, or capital gains. The jurisdiction provides robust legal frameworks, ensuring confidentiality and asset protection. Additionally, the Cayman Islands is globally recognized for its business-friendly regulations and efficient incorporation processes, making it an ideal choice for multinational corporations and investment funds".

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Our Packages

Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.

Company Formation

Company formation
Registered address for the 1st year
Annual accounting requirement bookkeeping

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Annual Services

Company renewal and registered address
Annual Government Tax
Mandatory Financial Beneficiary Report

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Other Services

Set of corporate documents (certified/apostille)
Nominal service for 1 year
Offshore banking

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Key Numbers about Incorporations

1 week

average term of company formation

аt least 1

shareholder in the company

аt least 1

director in the company

0%

corporate income tax (CIT) rate

0%

personal income tax (PIT) rate

0%

value-added tax (VAT) rate

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Set up Your Company in the Cayman Islands in Several Steps

Step 1. Initial setup

Initiating a preliminary project assessment
Preparation and filing of the package of documents

Step 2. Company registration

Preparation of corporate documents
Filing with the General Registry a registration statement
Company registration
Obtaining a stamped documents and Certificate of Registration

Duration: There are two registration procedures: standard procedure - it may take 1 week to process the company registration and issue the Certificate of Registration; express procedure - the company registration will be processed in 1 day, after payment of an additional "express" fee of $500 (government fee)

Requirements for Company Formation in the Cayman Islands

Before deciding to set up a new company in the Cayman Islands, read the information below to understand the characteristics of a Limited Liability Company (LLC):

Shareholders: at least one shareholder.

Director: at least one director.

Company Secretary: at least 1 company secretary.

Office: registered office in the Cayman Islands.

Minimum Share Capital: no minimum paid-up capital.

Liability: members cannot be held personally liable for the company's debts or obligations.

Accounting: company is required to keep books of account which give a true and correct view of its affairs, including, where applicable, material underlying documentation such as contracts and invoices.

Taxes in the Cayman Islands

Corporate income tax (CIT)

There is no CIT in the Cayman Islands.

Personal income tax (PIT)

There is no PIT in the Cayman Islands.

Value-added tax (VAT)

There is no VAT in the Cayman Islands.

Double taxation avoidance agreements in the Cayman Islands: United Kingdom, New Zealand, Japan.

Start Your Company Formation Process with Manimama

There are numerous reasons why Manimama is the leading company formation agent in the Cayman Islands:

Expertise in Regulations of the Cayman Islands

1. Manimama has an in-depth understanding of the legal and regulatory framework of the Cayman Islands.
2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.

Local and International Experience

1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
2. Our expertise spans various industries, providing customized solutions for each client.

Efficient and Timely Service

1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
2. Our efficient processes minimize delays and get your business up and running quickly.

Client-Centric Approach

1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
2. Our dedicated team is always available to address any concerns and provide expert advice.

Robust Network of Local Partners

1. We have established strong relationships with local authorities, banks, and service providers.
2. This network ensures that your business receives the best possible support and resources.

Ongoing Compliance Support

1. We provide continuous support to ensure your business remains compliant with Cayman Islands laws.
2. Our team keeps you updated on any regulatory changes that may impact your company.

Frequently asked questions

What are the benefits of incorporating a company in the Cayman Islands?

Incorporating in the Cayman Islands offers tax neutrality, robust asset protection, confidentiality, and a stable political and economic environment.
Are there any residency requirements for directors or shareholders?

No, there are no residency requirements for directors or shareholders in Cayman Islands companies.
How long does it take to incorporate a company in the Cayman Islands?

The incorporation process can typically be completed within one day or one week.
What is the minimum capital requirement for forming a company in the Cayman Islands?

There is no minimum capital requirement for forming a company in the Cayman Islands.
What are the tax obligations of a company incorporated in the Cayman Islands?

Companies in the Cayman Islands are not subject to corporate income tax, capital gains tax, or withholding tax.
What is the role of the General Registry in the Cayman Islands?

The General Registry oversees the incorporation process, maintains company records, and ensures compliance with legal requirements.
Are there any restrictions on the business activities a Cayman Islands company can engage in?

Generally, there are no significant restrictions, but certain activities may require additional licenses or regulatory approval.

Semen Kaploushenko

Deffio | CEO

"Manimama OU's team delivered exceptional legal guidance for our business setup, ensuring a smooth and efficient process. Their professionalism and expertise were evident in every step."

Vadym Grusha

Trustee Plus | Founder & CEO

"When you become a client of Manimamа, you can count on not only that they will provide you with legal services, you can find a partner who will never abandon you if you have problems with a regulator or counterparty."

Yuriy Soshenko

WhiteBit | CLO

"The legal support from Manimama OU was outstanding. They provided clear, actionable advice that greatly benefited our international business expansion."

Manimama as the Best Solution for Your Company Formation in the Cayman Islands

Choosing the right partner for company registration is crucial for a smooth and successful business launch. At Manimama, our legal experts specialize in navigating complex legal landscapes, providing holistic solutions tailored to your needs.

Comprehensive Legal Expertise
Since our inception, Manimama has been at the forefront of tackling intricate legal challenges with innovative and thorough solutions. Our team of dedicated lawyers evolves alongside our firm, reflecting our people-centric philosophy and commitment to excellence.
Results-Driven Approach
Manimama is a results-oriented law firm that offers an extensive array of legal services to both individuals and corporate entities. We pride ourselves on maintaining the highest standards of integrity and a "client-first" approach, leveraging our extensive skills and knowledge to achieve the best outcomes for our clients.
Global Presence and Local Expertise
Our journey began with the establishment of Manimama OU's first European office in Estonia, a country renowned for its progressive regulation of virtual currencies, international investments, fintech, and gambling sectors. Estonia’s favorable tax system and digital-friendly investment climate provided a robust foundation for our expansion.
Community Commitment
At Manimama, we believe in giving back to society and making a positive impact. Our commitment to social responsibility is integral to our operations, ensuring that we contribute to making the world a better place while helping our clients achieve their business goals.

By choosing our company formation service in the Cayman Islands, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in the Cayman Islands and pave the way for your business success.