Grand Cayman Island Company - Corporate Environment Summary

The Grand Cayman Islands are the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and a stable political situation.  

Grand Cayman Islands IBC, is a limited liability company which conducts its trading and business outside the Grand Cayman Islands and is intended for offshore activities. It takes 4 days to incorporate a company in the Grand Cayman Islands.

The Directors of the company may be of any nationality and may reside anywhere. At least one director is required and there is no requirement to appoint a local resident director.

The Shareholders of the company may be of any nationality and may reside anywhere. At least one shareholder is required, this can be the same person as the director. There is no upper limit to the number of shareholders and a shareholder can be a person or a corporation