Exempted Company Incorporation with our Package: Company Registration + Bank Account Opening + Registered Agent and Address + Annual Filings and Renewals, etc.
.webp)
A good reputation, a strong financial ecosystem, and friendly company laws.
.png)
There is no income tax, capital gains tax, or tax on dividends.
Auditing books of accounts and records is not required.
No public record of company members' identities.
Foreigners can easily set up a company with no restrictions.
All-in-one and all-inclusive Cayman Islands company incorporation
We will clear the paperwork and do everything needed to incorporate your company.
Meeting mandatory legal requirements is streamlined remotely for you.
.webp)
Our experience assists in bank account opening at traditional banks or EMIs.
Say "no worries" to the annual renewals and complexities of timely filings.
Complex legal requirements after company formation might make you feel overwhelmed. But no worries with Vepapu.
Enjoy ease in meeting the mandatory annual compliance requirements of filing forms and company renewal for your Caymanian company, done entirely online.
Focus on your business while we notify you and take care of your upcoming important deadlines.
.webp)
Maintaining books of accounts is simple with Vepapu, & it is required for annual filings and total compliance.
Don't let the complex process of economic substance filings hinder your journey. We have got it covered.
Ongoing company changes and the entire management process can be done online in just a few minutes.
Clear prices that you will know before you commit anything
US$ 3,499
$3,999
Use promo "CYINC1" to get $500 OFF
Basic Package includes...
Exempted Company Incorporation
Registered Agent and Address
Annual Filings and Renewals
Renew at $2,999 per year
Includes all govt. fees
US$ 4,199
$4,999
Use promo "CYINC2" to get $800 OFF
Standard Package includes...
Exempted Company Incorporation
Registered Agent and Address
Annual Filings and Renewals
Bank Account Opening Assistance
Renew at $2,999 per year
Includes all govt. fees
Change in Share Capital
Expert Bookkeeping
Documents and Certificates
Nominee Director/Shareholder
Inclusive of government fees
Renew from year 2 @ $2,999 annually
Company, Compliance
Company, Compliance, Banking
Build what you need
4-6 days
2-4 days
2-4 days
$225/yr
$225/yr
$225/yr
.svg)
Contact Us
$1,499/yr
$1,499/yr
$349
$799
$349
$249
$349
$299
$299
US$ 3,499
$3,999
Use promo "CYINC1" to get $500 OFF
Renew at $2,999 per year
Includes all govt. fees
4-6 days
$225/yr
US$ 4,199
$4,999
Use promo "CYINC2" to get $800 OFF
Renew at $2,999 per year
Includes all govt. fees
2-4 days
2-4 days
$225/yr
$1,499 per yr
$1,499 per yr
$349
$799
$349
$249
$349
$299
$299
.svg.webp){kind=logo}
Attorneys, lawyers, finance professionals, investment advisors, and other professionals supporting clients with offshore formations and compliance: We can help you simplify processes and enhance client satisfaction.
Mandatory documents and information required for Cayman Islands company formation
A certified true copy (scanned version) of the passport (valid for at least 6 months)
A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.
One of the scanned copies of a bank reference, bank statement, Utility bill, or Driver license.
It should clearly show the holder's full name along with a physical address written in English (P.O. Box addresses are not accepted).
It must be the most recent version and dated within the last 3 months.
Please provide us with certified true copy (scanned version) of the following company documents:
Certificate of Incorporation
Memorandum and Articles of Association / Constitution
Register of Director
Register of Shareholder / UBO
Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).
All members of the corporation, including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons, must provide identity and address proofs as mentioned above.
Experience the quickest company formation in the Cayman Islands, entirely online
Register your company in the Cayman Islands quickly with our expert assistance. We'll work with you throughout the journey of your company's registration and compliance management.
Select the pre-built package or customize it according to your needs.
We'll obtain all the relevant documents and information from you.
Application submission and follow up with the registrar for speedy approval.
Annual filings and renewals done on time, remotely, to ensure compliance.
Find answers to frequently asked questions on company formation in the Cayman Islands
General
There is no public directory in the Cayman Islands. Directors' and shareholders' details will not be made public, but they will be available to certain regulatory authorities.
It is important to note that Cayman Islands companies are required to disclose certain information about their directors and shareholders to the registrar. To ensure that all information about company directors, officers, and shareholders is correct and up-to-date, the company must keep a register of directors and shareholders and file an annual return with the Registrar.
No need to worry about taxes for your Cayman Exempted Company. You won't have to pay income, capital gains, or withholding taxes. And good news for shareholders too: they won't face estate or inheritance taxes on their shares or dividends. It's a tax-friendly setup that lets you focus on your offshore business.
Vepapu simplifies the journey of forming and managing your offshore company in the Cayman Islands. Our all-inclusive platform and expert services cover every step. We offer registered agent services, local business addresses, nominee director and shareholder options, and even accounting plans. With Vepapu, you'll navigate compliance seamlessly and manage your company effortlessly through our user-friendly online dashboard. Change company details, alter share capital, and more with ease. Your offshore success story starts with Vepapu, and we will ensure your journey is smooth and hassle-free.
Below are the different forms of companies in the Cayman Islands:
1. Exempted Company;
2. Limited Liability Company (L.L.C.);
3. Resident Company;
etc.
Our experts have created a detailed content on this topic and you can find the blogpost and YouTube video for your reference.
Management
Companies are not required to provide financial documents when filing annual returns; hence, there is no need to do accounting and/or bookkeeping. Companies are not required to provide financial documents when filing annual returns.
If you want to have an accurate financial picture of your company, you can opt for an accounting and bookkeeping plan from Vepapu. This makes your journey very simple, transparent, and data-driven.
Every year, your company needs to pay a fee (which depends on the authorized share capital of the company) to the government. This is to keep your company's records up-to-date and legal. You also have to send a report to the registrar, which is like the official keeper of records. In this report, you say that no changes, other than ones already notified to the Registrar, have been made to the Memorandum of Association, and no business has been carried out within the country. This keeps everything transparent and in line with the rules.
We make sure that you don't miss these steps, so your business can run smoothly without any issues. We will inform you of these encounters at least 2 months in advance, which gives you flexibility to take actions easily on the Vepapu dashboard.
First, you need to keep your local registered agent and registered address in place. This helps keep your company's official records accurate and accessible.
Also, you have to pay an annual fee. This fee is based on the authorised share capital of the company. This keeps your company compliant with the Cayman rules and regulations.
No, a Cayman Exempted Company isn't required to hold an annual general meeting (AGM) as per the Companies Law. But if the company's Articles of Association say it should or if most of the Board of Directors agree, then an AGM can happen. It's not a must, but it's possible if you want to have one.
The maintenance costs include the following:
1. Annual fee (depends on the authorised share capital of the company); and
2. Registered Agent fee.
Directors
No, there is no need to have local directors or shareholders to form your offshore company in the Cayman Islands. A company must have at least one director, but it can be yourself, irrespective of your country of citizenship, origin, or residence.
Optionally, you can use Vepapu's Nominee Director and/or Nominee Shareholder services to hide your identity in your company formation documents as well.
Foreigners can set up companies in the Cayman Islands, and 100% foreign ownership is not only allowed but encouraged by the government. Foreigners can easily set up a company as there are minimum requirements for setting up a company on the Cayman Islands, such as no residency requirements for directors.
A minimum of one director and/or shareholder is required to form a company in the Cayman Islands. It can be a person or an entity.
Incorporation
Normally, it takes about 7 to 10 working days from when all the required documents are in place for your company's physical documents to be ready. But if you need things to move faster, we also offer an express option. With this, you can get your Cayman Islands company formed in just 48 hours. We're here to make sure your company's journey is as smooth and speedy as possible.
1. Notarized / Certified true copies of valid passports for all directors and shareholders; and
2. Notarized / certified true copies of residency proofs for all company directors and shareholders (i.e., utility bill or credit card bill).
These are the general documents needed for your Cayman Islands offshore company formation.
The government fee for setting up a Cayman Exempted Company is dependent on the authorised share capital of the company. For example, a company with an authorised share capital of up to KYD 42,000 must pay KYD 600 (US$732) to register.
While completing the company formation procedure with Vepapu, you can go through our transparent pricing before you commit anything. There will be no additional or hidden costs associated with forming your company in the Cayman Islands while working with Vepapu.
Naming an exempted company in the Cayman Islands follows certain rules. The name can't have words like "royal," "imperial," "empire," "municipal," "chartered," "co-operative," "insurance," "bank," "assurance," "gaming," "lottery,” and others without special permission from the Registrar. Also, it can't be the same as any existing company. And here's the cool part: your company name doesn't have to end with "Limited" or "Ltd."
We've got you covered - we offer unlimited name checks with the Cayman registrar. So, if your preferred name is available, you're all set.
There's no required minimum registered capital for your Cayman company. Typically, the authorised capital is set at US$50,000.
Yes, there are certain business activities in the Cayman Islands that need a license from the Cayman Islands Monetary Authority (CIMA). These activities include things like banking, money services, insurance, trust services, managing companies, running investment funds, and dealing with securities. If your business falls into any of these categories, you'll need a license to operate legally.
Get in touch and ask us anything. What is economic substance or can I use a bank transfer?
We answer it all. We'd love to help.
Explore valuable curated articles on industry insights, advice, and professional tips to form and manage your company in the Cayman Islands.
.png)
.png)
