If you're an Australian entrepreneur, investor, or business owner looking to establish an offshore company, the Cayman Islands presents an attractive option. With no corporate tax, capital gains tax, or withholding tax, it's a globally recognised jurisdiction for asset protection, international trade, and investment structuring. In fact, more than 100,000 companies are registered in the Cayman Islands, including subsidiaries of some of Australia’s largest financial institutions. However, with the Australian Taxation Office (ATO) tightening its scrutiny on offshore entities through Controlled Foreign Company (CFC) rules and the General Anti-Avoidance Rules (GAAR), it’s essential to ensure full compliance when setting up a Cayman company from Australia.
This guide will walk you through the process of registering a company in the Cayman Islands from Australia, covering key requirements, necessary documents, step-by-step registration procedures, and legal considerations under both Cayman and Australian laws. Whether you're a tech entrepreneur in Sydney seeking an international holding structure, a finance professional in Melbourne aiming to optimise global taxation, or an exporter in Brisbane expanding into foreign markets, understanding offshore incorporation is crucial. We'll also touch on critical aspects like anti-money laundering (AML) laws, foreign exchange restrictions, and tax implications to help you make informed decisions before taking the next step.
Can you register a company in the Cayman Islands from Australia?
Yes, individuals and business entities from Australia can register a company in the Cayman Islands. Incorporation is possible from any country, including Australia, without requiring physical presence. The process is entirely remote and digital, allowing for a seamless and legally compliant setup through services like Vepapu. The Cayman Islands is home to over 100,000 registered companies, reflecting its attractiveness as a global business hub. With a streamlined regulatory environment and no bureaucratic hurdles, the jurisdiction offers a straightforward incorporation process.
There are no residency requirements for directors or shareholders, meaning entrepreneurs from Australia can establish and operate their Cayman Islands company without visiting the jurisdiction. All administrative procedures, including company registration and ongoing management, can be handled online. This makes it a convenient choice for those looking to expand internationally while maintaining full control over their business remotely.
Common reasons for individuals and businesses from Australia to incorporate in the Cayman Islands
Asset Protection
Many Australian entrepreneurs and investors incorporate in the Cayman Islands to safeguard their wealth from potential lawsuits, creditors, or economic uncertainties. Cayman-registered entities provide a layer of separation between business assets and personal holdings, reducing exposure to liabilities under Australian law.
Inheritance Planning
Australians looking to secure their family’s financial future often use Cayman-incorporated structures for inheritance planning. These entities allow heirs to control assets without the complexities of Australian probate laws, ensuring a smooth transition of wealth across generations.
Taxation Benefits
Since the Cayman Islands do not impose direct taxes such as corporate tax, capital gains tax, or inheritance tax, Australian business owners and investors can legally optimize their tax efficiency. By ensuring compliance with Australian tax laws, individuals can structure profits and holdings in a way that minimizes global tax burdens.
Holding All Assets and Properties
Many Australians consolidate diverse assets—such as international real estate, equities, and business holdings—under a single Cayman Islands entity. This approach simplifies ownership structures, enhances protection, and often improves efficiency when managing cross-border investments and financial portfolios.
Privacy
Privacy-conscious Australians value the Cayman Islands’ strong confidentiality laws, which do not require public disclosure of beneficial ownership. This enables individuals and businesses to operate with discretion while complying with international regulatory standards.
Ease in Operating Business
The Cayman Islands offer a business-friendly environment with straightforward incorporation processes, minimal bureaucratic hurdles, and no restrictions on foreign ownership. Australians expanding internationally often favor this jurisdiction for its ease of setup and operation.
Less and Streamlined Compliance Requirements
Compared to Australia’s stringent corporate reporting obligations, Cayman-registered companies enjoy reduced compliance burdens. This allows Australian entrepreneurs to focus on growth without being weighed down by extensive regulatory requirements.
Running a Restricted Business
Industries facing heavy restrictions or licensing requirements in Australia, such as financial services and fintech, sometimes find more flexibility in the Cayman Islands. With fewer entry barriers and a supportive regulatory framework, businesses can operate more freely while adhering to international best practices.
Foreign Exchange & Capital Controls
With no foreign exchange controls, the Cayman Islands provide Australians with unrestricted movement of capital across global markets. This is particularly beneficial for companies trading in multiple currencies or engaging in international investments.
International Banking & Investment Flexibility
Australian businesses incorporating in the Cayman Islands gain access to world-class banking institutions, multi-currency accounts, and international financing options. These advantages enhance liquidity, streamline cross-border transactions, and reduce foreign exchange limitations.
Avoiding Local Political & Economic Instability
While Australia is politically stable, economic policies and regulatory shifts can impact business operations and investment strategies. A Cayman-based structure provides diversification, protecting assets from potential market fluctuations or legislative changes at home.
Access to Global Investors & Venture Capital
The Cayman Islands’ reputation as an international financial hub attracts investors and venture capitalists from around the world. Australian startups and established businesses seeking global funding opportunities often use Cayman structures to gain credibility and access investors more easily.
Intellectual Property (IP) Holding & Licensing
Australians involved in technology and creative industries frequently establish Cayman-based companies to hold and license intellectual property. This setup can offer tax efficiencies, improved IP protection, and a more favorable jurisdiction for managing royalties and licensing agreements.
Reputation & Credibility in International Markets
A Cayman-incorporated entity enhances global credibility, making it easier for Australian businesses to enter international markets, form partnerships, and secure cross-border contracts. Many multinational corporations and investors view Cayman companies as reputable and well-regulated entities.
Dual-Entity Structuring for Compliance & Optimization
Australian firms often adopt dual-entity structures, incorporating in both Australia and the Cayman Islands to optimize tax efficiency, compliance, and operational flexibility. This strategy allows businesses to maintain an Australian presence while leveraging Cayman’s benefits for international operations.
What challenges could arise while incorporating a company in the Cayman Islands from Australia?
Understanding Offshore Compliance
Australian businesses looking to incorporate in the Cayman Islands must navigate complex offshore regulations. Compliance requirements extend beyond Cayman laws to include Australian reporting obligations, particularly under the Australian Taxation Office (ATO) guidelines and foreign investment rules. Failing to maintain transparency with tax authorities or neglecting international disclosure obligations may result in penalties and increased scrutiny from regulatory bodies.
Banking Limitations
Opening a corporate bank account in the Cayman Islands can be a challenge, especially for companies in high-risk industries like fintech or crypto. Many international banks require extensive documentation, including detailed business plans, beneficial ownership disclosures, and proof of local substance. Additionally, Australian directors or shareholders may face heightened due diligence checks due to stringent anti-money laundering (AML) policies, potentially leading to delays or even rejections.
Regulatory Changes
Global regulatory frameworks, including the OECD’s Base Erosion and Profit Shifting (BEPS) initiatives, continue to influence offshore jurisdictions like the Cayman Islands. Changes in Australian tax laws related to Controlled Foreign Company (CFC) rules could also impact tax liabilities for offshore entities. Keeping up with evolving compliance standards and reporting requirements is essential to avoid legal or financial repercussions.
Ongoing Maintenance Costs
Incorporation in the Cayman Islands is relatively straightforward, but ongoing expenses can accumulate over time. Businesses must maintain annual government filings, registered agent fees, and compliance with Cayman Economic Substance requirements if applicable. Fortunately, Vepapu ensures seamless and efficient compliance management online, handling all regulatory obligations for Australian business owners.
Limited Local Operations
A Cayman entity is ideal for asset protection, investment holding, and international business, but it is not designed for companies seeking a physical presence. The Cayman Islands restrict local trade by offshore companies, meaning businesses requiring office space, employees, or direct operations within the jurisdiction may need to explore alternative structures. Understanding these restrictions is crucial when determining whether a Cayman incorporation aligns with long-term business goals.
Different types of companies that can be registered in the Cayman Islands from Australia
Exempted Company
An exempted company is the most common type of offshore entity registered in the Cayman Islands by Australian businesses. It offers full foreign ownership, no local tax liabilities, and minimal reporting requirements, making it ideal for international trade, investment holding, or asset protection. Unlike a standard Cayman company, an exempted company does not have to disclose shareholder information publicly, ensuring privacy for business owners.
Limited Liability Company (LLC)
A Cayman Islands LLC combines features of both corporations and partnerships, offering flexibility in management and profit distribution. Popular among Australian investors and private equity firms, this structure shields owners from personal liability while allowing them to define operational rules through an operating agreement. Unlike traditional companies, an LLC is not required to issue shares, making it an attractive option for joint ventures and investment funds.
Foundation Company
A foundation company is a unique corporate structure suited for charitable, private wealth management, and estate planning purposes. Unlike a trust, this type of entity has a legal personality similar to a company but operates without shareholders, offering significant control and asset protection benefits for Australian entrepreneurs and philanthropists. It is commonly used for succession planning and structured giving while maintaining regulatory flexibility in a highly reputable jurisdiction.
Limited Partnership (LP)
A Cayman Islands Limited Partnership is widely used for private equity and investment funds, offering a combination of liability protection and tax efficiency. This structure consists of at least one general partner, who assumes management responsibility and full liability, while limited partners enjoy liability limited to their investment. Australian fund managers and institutional investors favor LPs due to their flexibility in structuring profit-sharing arrangements without the restrictions of traditional corporations.
Special Economic Zone (SEZ) Company
An SEZ company in the Cayman Islands is specifically designed for businesses operating within designated special economic zones, providing benefits such as reduced regulatory restrictions, operational incentives, and fast-track setup processes. Ideal for Australian tech, fintech, and professional services firms looking to access global markets, SEZ companies enjoy exemptions from certain licensing requirements and work permit restrictions, making them a strategic choice for businesses seeking a streamlined international presence.
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Requirements to start a company in the Cayman Islands from Australia
Members
For an Exempted Company in the Cayman Islands, at least one director and one shareholder are required, and they can be the same person or entity. There are no residency requirements, meaning Australian nationals or businesses can fully own and manage the company without appointing a local director. If forming a Limited Liability Company (LLC), at least one member is required, with no restrictions on nationality or residency, allowing complete foreign ownership and control.
Registered Office and Registered Agent
Every Cayman Islands company must have a registered office within the jurisdiction, which must be provided by a licensed service provider. Additionally, an Exempted Company is required to appoint a registered agent, typically the same entity that provides the registered office. This ensures compliance with local regulations and facilitates official correspondence, though the actual business operations can be conducted from Australia or anywhere else.
Company Name Approval
Before incorporation, the chosen company name must be approved by the Cayman Islands Registrar of Companies. The name should not resemble that of an existing registered company and must comply with local naming conventions. Certain words, such as "bank," "insurance," or "trust," require additional licensing approval, and names that suggest government affiliation or illegal activities are prohibited.
Minimum Share Capital
There is no minimum share capital requirement for an Exempted Company in the Cayman Islands, but a standard authorized capital of USD 50,000 is commonly used to benefit from the lowest government fees. While shares can be issued in any currency, bearer shares are not permitted due to anti-money laundering laws. LLCs do not require share capital at all, as they are structured under a flexible membership system rather than a shareholding model.
Incorporation Paperwork
To incorporate an Exempted Company, the applicant must submit a Memorandum and Articles of Association (MAA), which outline the company’s structure, operations, and corporate governance policies. For an LLC, a Registration Statement must be filed, detailing the company’s name, registered office, and management structure. These documents must be prepared by a registered corporate services provider in the Cayman Islands, ensuring compliance with legal requirements.
Due Diligence
The Cayman Islands strictly enforce due diligence and Know Your Customer (KYC) requirements for all company incorporations. Each director, shareholder, or member must provide certified copies of identification documents, proof of address, and details about their business activities and financial background. Additionally, the authorities require a clear understanding of the company’s intended activities to ensure it does not engage in prohibited or high-risk sectors, reaffirming the jurisdiction’s strong stance on anti-money laundering and financial transparency.
For Individuals:
The following documents are required for every individual member (directors, shareholders, and ultimate beneficial owners)
A certified true copy (scanned version) of a bank statement or utility bill (e.g., electricity, gas, water, internet, cable, waste management, and sewage).
Copies of the last two tax returns, a letter of employment, a letter from an accountant certifying your annual income, or financial statements or bank statements from the last 2 years.
A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.
A detailed description of your business activities (products and services, sectors, major operating countries), and business model.
For Corporations:
The following documents are required for every corporate member (corporate directors, corporate shareholders, and ultimate beneficial owners)
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).
How to Register a Company in the Cayman Islands from Australia?
Step 1: Decide on the Structure
Single Entity Structure
A standalone Cayman Islands company is a popular choice for Australian business owners looking to facilitate international trade, protect assets, or manage investments. This structure operates independently, without direct ties to an Australian company, making it ideal for global ventures that require minimal regulatory oversight.
Double Entity Structure
A more strategic approach involves setting up a Cayman holding company that owns or controls an Australian operational entity. This structure is commonly used for tax-efficient foreign investments, international expansion, or cross-border trade. The Cayman entity serves as the parent company, offering financial and legal benefits while the Australian subsidiary handles local business operations.
Multiple Entity Structure
For large-scale operations, a Cayman Islands holding company that manages multiple subsidiaries in different jurisdictions may be the best option. This is particularly advantageous for investment funds, real estate portfolios, or multinational corporations with diverse business interests. With this structure, asset ownership and risk mitigation can be optimized across various legal and financial environments.
Step 2: Paperwork and Company Incorporation
Before registering your company, the first step is to check the availability of your chosen company name with the Cayman Islands Registry and reserve it accordingly. Next, crucial corporate documents must be prepared, including the Memorandum and Articles of Association (M&AA) for an exempted company or a Registration Statement for a Limited Liability Company (LLC).
These documents, along with identification details for directors and shareholders, must be submitted to the Cayman Islands General Registry for approval. During this process, additional clarifications may be requested, requiring communication with the registry. Once all requirements are satisfied, the company will be officially incorporated, receiving a Certificate of Incorporation as proof of registration.
Step 3: Opening a Bank Account
Opening a corporate bank account for your Cayman Islands company is not mandatory, but it may be beneficial depending on your business model. If required, an account can be established in the Cayman Islands or any other financial jurisdiction, including Australia. Banking policies vary, and some financial institutions may have requirements regarding initial deposits, minimum balances, or physical presence for verification.
Many Australian business owners opt to operate Cayman companies while keeping their banking relationships domestic. Cayman entities are allowed to hold accounts in international financial hubs such as Singapore, Hong Kong, Switzerland, or the UAE, providing access to global banking facilities that support cross-border transactions. Choosing the right jurisdiction depends on your company’s operational needs and cash flow strategy.
For greater flexibility, digital banking service providers may also be considered. These financial institutions offer remote account setups, multi-currency support, and seamless integration with international payment platforms, making them suitable for companies engaged in digital commerce or global trade.
Step 4: Apply for Licenses (if required)
Depending on your business activities, certain licenses may be required before operations can commence. If your company provides financial services such as investment fund management or asset advisory, you must obtain a Financial Services License regulated by the Cayman Islands Monetary Authority (CIMA).
For companies operating within the cryptocurrency or blockchain sector, a Virtual Asset Service Provider (VASP) license is necessary. This license ensures compliance with regulatory frameworks for digital asset exchanges, custody services, and blockchain financial activities.
Businesses involved in insurance or reinsurance services need an Insurance & Reinsurance License. This applies to both direct insurance providers and captive insurance companies operating in or from the Cayman Islands. Regulatory approval ensures that firms meet international compliance and operational transparency standards.
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Certificate of Incorporation provided by the Registry in the Cayman Islands approving your company's incorporation
What are the Annual Compliance Requirements in the Cayman Islands?
Filing an Annual Return
Every Cayman Islands exempted company is required to submit an annual return to the Registrar of Companies. This return is a simple declaration confirming that the company remains in good standing and continues to operate in compliance with Cayman Islands laws. Unlike many other jurisdictions, the annual return does not require financial statements or extensive disclosures, making compliance straightforward and efficient for offshore entities.
Payment of Annual Government Fees
To maintain good standing, companies must pay an annual government fee, the amount of which depends on the company’s authorized share capital. These fees are payable to the Cayman Islands General Registry by January 31 each year. Late payment can result in penalties and, if not rectified, may lead to the company being struck off the register, potentially jeopardizing its assets and legal standing.
Maintaining a Registered Office and Registered Agent
All Cayman Islands companies must have a locally registered office and a licensed registered agent at all times. The registered office handles official correspondence and ensures compliance with local regulatory requirements. Failure to maintain a registered agent or office can result in penalties or the company being deregistered, making it essential to keep these appointments active and up to date.
Economic Substance Compliance (If Applicable)
Certain entities conducting relevant activities, such as fund management, banking, or financing, must comply with economic substance requirements under Cayman law. These companies must demonstrate that they have adequate local presence, including management, employees, and physical operations, in proportion to their activities. If applicable, an annual report must be filed with the Cayman Islands Tax Information Authority to confirm compliance with these regulations.
Registers Maintenance and Record Keeping
Cayman Islands law requires companies to maintain up-to-date statutory registers, including the register of shareholders, directors, and beneficial owners (if applicable under the Beneficial Ownership Regime). These records must be kept at the registered office or another designated location, and certain information may be accessible by regulatory authorities upon request. Additionally, while there is no requirement to file financial statements, companies should maintain accurate and sufficient records to reflect their financial position and operations.
Industry-Specific Compliance for Regulated Entities
Companies engaged in regulated financial services, including banking, insurance, mutual funds, and virtual asset businesses, must meet additional compliance obligations set by regulatory authorities such as the Cayman Islands Monetary Authority (CIMA). These requirements may include submitting audited financial statements, conducting due diligence on customers, and adhering to anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. Regulated entities must also file periodic returns and participate in ongoing regulatory audits to ensure compliance.
Non-Compliance Implications
Failure to meet annual compliance obligations can lead to financial penalties, legal restrictions, or even the involuntary strike-off of the company from the registry. If a company is struck off, its assets may become vested in the Cayman Islands government, and reinstatement can be a lengthy and costly process. Additionally, non-compliance with economic substance or AML regulations may trigger investigations and reputational risks for the company and its directors. Ensuring timely fulfillment of all annual requirements is essential to maintaining a company’s good standing and operational integrity.
Annual Filings, Renewals, and Reporting Requirements for the Cayman Islands Company
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Other Considerations in Forming a Company in the Cayman Islands from Australia
Double Taxation Agreement (DTA)
Australia does not have a Double Taxation Agreement (DTA) with the Cayman Islands, meaning there is no formal mechanism to prevent income from being taxed in both jurisdictions. Australian tax residents must ensure they understand how their Cayman Islands income is treated under Australian tax laws, particularly regarding foreign income tax offsets and potential liabilities.
Permanent Establishment (PE)
If an Australian business sets up a company in the Cayman Islands but operates or makes decisions from Australia, it could trigger Permanent Establishment (PE) under Australian tax rules. This may result in Australian taxation on the company’s global income. Careful structuring is essential to prevent the entity from being deemed an Australian tax resident due to significant management or control being exercised from Australia.
Controlled Foreign Corporation (CFC) Rules
The Australian Taxation Office (ATO) applies Controlled Foreign Corporation (CFC) rules to companies held by Australian residents, potentially taxing the offshore entity’s passive income in Australia. If an Australian taxpayer owns at least 50% of a Cayman Islands company, or if a small group of Australian residents collectively control it, the ATO may attribute certain income streams to the Australian owners, taxing them even if no profits are repatriated.
Economic Substance (ES) in the Cayman Islands
Businesses incorporated in the Cayman Islands must comply with Economic Substance (ES) requirements if they engage in specific activities such as fund management or intellectual property holdings. While many businesses may fall outside these requirements, those conducting relevant activities must demonstrate substantial operations within the Cayman Islands, including local staff or physical presence, to avoid penalties or investigation.
Transfer Pricing
If an Australian company transacts with its Cayman Islands subsidiary or related entity, it must adhere to Australian transfer pricing regulations to ensure pricing reflects market conditions. The ATO scrutinizes cross-border transactions to prevent profit shifting to low-tax jurisdictions, meaning documentation and justification of intercompany pricing arrangements are necessary to comply with Australian tax laws.
Visa and Residence
The Cayman Islands does not impose restrictions on foreign business ownership, but residing there requires an appropriate visa or residence permit. Options such as the Global Citizen Concierge Program or long-term investment visas are available for entrepreneurs looking to establish a physical presence, though this does not automatically grant tax residency or exemptions in Australia.
How Vepapu Can Assist You in Opening Your Company in the Cayman Islands from Australia?
Vepapu simplifies the entire process of Cayman Islands company registration for Australian entrepreneurs, making it 100% online with no need for travel. From securing name approval to obtaining the Certificate of Incorporation, Vepapu ensures a smooth setup tailored to Australian clients. Understanding Australia's regulatory landscape, Vepapu assists with bank selection and documentation, whether you prefer a financial institution in the Cayman Islands, Australia, or another jurisdiction. Additionally, Vepapu ensures full compliance with Cayman Islands regulations, including filing annual returns with the Registrar of Companies and maintaining Economic Substance requirements if applicable. Whether you're an Australian startup, investor, or corporate entity, Vepapu provides expert guidance to establish and maintain your offshore presence seamlessly.
Frequently Asked Questions while forming a company in the Cayman Islands from Australia
Can I form a company in the Cayman Islands from Australia?
Yes, Australian residents and businesses can incorporate a company in the Cayman Islands without needing to be physically present. The process can be completed remotely through a registered agent in the Cayman Islands. Most company formations follow the structure of an Exempted Company, which is popular for international business due to its tax neutrality and confidentiality advantages.
Does Australia have any tax treaties or agreements, such as DTA (Double Taxation Agreements), with the Cayman Islands?
No, Australia does not have a Double Taxation Agreement (DTA) or Tax Information Exchange Agreement (TIEA) with the Cayman Islands. This means income earned by a Cayman Islands company is not automatically reported to the Australian Taxation Office (ATO), but Australian tax laws still require residents to report worldwide income, which includes any income generated through a Cayman entity.
Does the Cayman Islands share any details with the Australian government and authorities?
The Cayman Islands participates in international tax cooperation initiatives such as the Common Reporting Standard (CRS), under which financial institutions must collect and report information on foreign account holders to their home tax authorities. Australian tax residents holding accounts in the Cayman Islands should expect that financial information may be reported to the ATO. However, the Cayman Islands does not maintain public records of company shareholders and directors, ensuring a level of privacy.
Does Australia recognise the company documents issued by the Cayman Islands?
Yes, company documents issued by the Cayman Islands are legally recognised in Australia if they have been certified with an Apostille. Both Australia and the Cayman Islands are members of the Hague Convention, which allows documents to be authenticated through this process. Common documents that may require an Apostille include the Certificate of Incorporation, Memorandum and Articles of Association, and Director Resolutions.
Do I need any approvals from the Australian government to incorporate a company in the Cayman Islands?
No specific approvals are required from the Australian government to incorporate a company in the Cayman Islands. However, Australian residents must comply with domestic tax obligations, including disclosure of offshore entities to the ATO where applicable. If the company is used for conducting business in Australia, it may also need to be registered with the Australian Securities and Investments Commission (ASIC).
Can I open a bank account for my Cayman Islands company in Australia?
Yes, there are no restrictions on opening a bank account for a Cayman Islands company in Australia. If you already have an existing banking relationship in Australia, some banks may be willing to open an account for your Cayman entity, subject to their internal compliance checks. Alternatively, your company can also open a bank account in other jurisdictions, including the Cayman Islands or international financial hubs like Hong Kong or Singapore.
Can I operate my Cayman Islands company from Australia?
Yes, you can operate your Cayman Islands company while residing in Australia. However, if key business decisions and management take place in Australia, there may be implications under Australian tax laws, particularly with regard to the company’s tax residency status. The ATO may classify the Cayman company as an Australian tax resident if it is centrally managed and controlled from Australia, which could subject it to Australian corporate tax.
Are Cayman Islands companies blacklisted or restricted in Australia?
No, the Cayman Islands is not blacklisted by Australia. This means Australian businesses and individuals are legally allowed to incorporate and transact with Cayman Islands companies. However, due to international scrutiny on tax havens, Australian authorities closely monitor offshore structures, and full compliance with regulatory and tax obligations is required.
Can a Cayman Islands company hold property or real estate in Australia?
Yes, a Cayman Islands company can legally own property or real estate in Australia. However, foreign ownership rules apply, and the company may be required to obtain approval from the Foreign Investment Review Board (FIRB) for certain property transactions. Additionally, income generated from Australian real estate holdings will generally be subject to Australian taxation.
Can I hire employees in Australia through my Cayman Islands company?
Yes, a Cayman Islands company can hire employees in Australia, but it must comply with Australian employment laws, taxation, and payroll obligations. This includes registering with the Australian Taxation Office for Pay-As-You-Go (PAYG) withholding and potentially setting up a local entity or tax presence. Depending on the company’s structure and operations, Australian regulations may consider it to have an Australian tax presence, triggering further reporting requirements.
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