Jurisdictions
We specialize in incorporating companies (ranging from the very simple to the very complex) and in jursidictions around the globe.
BASIC JURISDICTIONS INFORMATION
Official Name: Cayman Islands
Population: 40,000
Location: Caribbean Sea, South of Cuba
Legal System: English common law
Language(s): English
Time Zones: GMT minus 6 hours
MONETARY
The currency in circulation in Cayman Islands is the Cayman Islands Dollar (CI$), which is pegged to the US Dollar by a currency board at the rate of CI$1 to US$1.20. Cayman Islands has no foreign exchange controls.
TAX SYSTEM
There is no form of taxation in the Cayman Islands relating to individuals, Corporations or trusts. All Exempted Companies are exempted from tax in Cayman Islands and may also apply for 20 years tax exemption certificate.
CROPORATE REQUIREMENTS
Usual Authorized Capital: US$50,000
Minimum No. of Shareholders: -1-
Minimum No. of Directors: -1-
Company Secretary: Not Mandatory
In addition to the above jurisdictions, Interglobe can arrange incorporation of companies in alternate jurisdictions of your designation through its established network of international formation specialists.
