One would think having a difference of 13 hours in time zones
might be a barrier to transacting business, however, in the digital
world the time difference between most Asian countries and the
Cayman Islands has proven not to be an inhibitor.
Cayman, being a premier financial hub, has already established
itself as a key provider of financial services for many
jurisdictions, most notably the United States, Canada, Europe, and
Latin American countries. Asian companies have also long been
familiar with Cayman's fund presence being home to more than
11,000 regulated investment funds and several thousand equity
funds.
This success can be attributed to Cayman providing an effective,
neutral platform and being a leader in trust and fiduciary services
addressing the needs of ownership continuity and wealth structures,
including family offices. Additionally, some companies have
established Variable Interest Entities (VIEs) to facilitate stock
offerings. A significant uptick