Cayman Islands have different types of companies where you can register your company.  When you register, you will need to choose what type of company you’re in, and each type has their designated fees which you will pay annually.

Remember that incorporating your company to one of the highly qualified professional firms is the most secure and convenient way.  Why is it so?  A properly licensed company has their own company registration procedures and will be provided with services offered to them.

When you incorporate your company you will be provided with the following:

• Registered Office
• Nominee Shareholders
• Directors and Officers

They can also undertake a management of the company depending on the instructions given by the beneficial owner.

What are the Types of Companies Cayman Offers?

You can register your company on the following five basic types of companies Cayman is offering:

• Resident/Ordinary Companies are companies with capital less than $42,000; pays for fee of $150 upon registration.  If their capital is more than $42,000, their registration fee is $350.
• Non-Resident Companies are companies without permanent location and has capital less than $42,000; upon filing a Memorandum and Articles of Association, and its Annual Return of January, the registration fee is $400.  If the capital is more than $42,000 then the registration fee is $565.
• Exempted Companies are companies where the activities are held outside the Islands.  With this type of company annual fees are divided into different categories.
• A capital of less than $42,000 has a registration fee of $470.
• If the capital is more than $42,000 and less than $820,000 the company pays for the registration fee of $660.
• If it is more than $820,000 and less than $1.64 million, its registration fee is $1,384
• If the company has a capital of more than $1.64 million, then the registration fee is $1,968.

• Segregated Companies are the type of companies for insurance enterprises.  The annual fee is the normal exempt registration fee plus $2,000 and an additional fee of $1,000 for each segregated portfolio.
• Foreign Companies have fee of $850.

Cayman offers a variety of services for your company, incorporating your company will give you services your company needs.