The Foundation Companies Law, 2017 (the Foundation
Companies Law) introduces the foundation company as a
new type of corporate vehicle in the Cayman Islands. The Foundation
Companies Law is drafted to allow the foundation company to be
rooted in Cayman Islands company law, but function like a civil law
foundation and only applies to companies that have been declared by
the Registrar of Companies (Registrar) to
be a foundation company.
This Guide sets out the key features of foundation companies and
how they are formed and operated.
Nature of a foundation company
The Foundation Companies Law allows a foundation company to be
established for any lawful purpose, whether commercial,
charitable/philanthropic or private purposes, or any combination of
them. A foundation company shares many of its features with other
types of Cayman Islands companies and fits seamlessly into the
Cayman Islands' legal regime. The Companies Law also applies to
foundation companies,
