Cayman Islands

Cayman islands are yet another British colony falling under the United Kingdom colony jurisdiction and sovereignty. The richest one of the Caribbean territories. Leading as the financial and economic center of the islands. The local registered company count in the Cayman islands is surpassing the local population count  more than three times not even counting the rest of the registered companies. With no corporation tax on most of the business conducted outside the Cayman islands and easy maintain ship of the companies, making Cayman islands another great place to incorporate your company. 

Usual time to incorporate a company in Cayman islands.

The usual time to create a company is around 2 days. Shelf companies are also available for your business, in choosing a ready made company for your business the time taken to form a company may be reduced to one day.

Requirements for a local office, secretary and a director.

There are no specific requirements for a local office or a local director and secretary. Board meetings of the companies may take place anywhere in the world. 

Company upkeep.

Annual report must be filled, although there is no requirement for filling accounts. And a yearly fee must be paid depending on the income of the company.(Starting around 800 USD).

Getting started.

If you want more information on offshore companies or even help on forming them, you may visit Baltic Legal - Offshore company formation.