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ARTICLE · 18 JULY 2025

Why The Cayman Islands?

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The Cayman Islands are home to 118,443 active companies as of 31 December 2024.

Cayman IslandsCorporate/Commercial Law
Preetha Pillai
Preetha Pillai
Rita Leung
Rita Leung
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The Cayman Islands are home to 118,443 active companies as of 31 December 2024. This factsheet provides the reasons for the Cayman Islands' popularity as a jurisdiction to structure international transactions.

CAYMAN ISLANDS COMPANY LAW

Companies in the Cayman Islands are currently subject to the Cayman Companies Act (2023 Revision) (as amended) which came into force on 31 July 2024 (the Companies Act).

Incorporation

An exempted company is generally incorporated by delivery of two signed copies of the memorandum of association and articles of association, if any, to the Cayman Islands Registrar of Companies (the Registrar). Unlike some other jurisdictions, there is no requirement to publicise an intention to incorporate nor is any pre-approval from any regulatory body required. A proposed director must submit to the Registrar a signed declaration to the effect that operation of the proposed exempted company will be conducted mainly outside Cayman. The

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