Taxation in the Cayman Islands has great advantages for non-residents and offshore companies. There is no income tax, capital gains tax or inheritance tax. As a result, the Cayman Islands has become the fifth largest international financial center.
Companies registered in the Cayman Islands are not required to submit reports or books of account, but according to their legislation companies are required to keep accounting books and a record of contracts and invoices.
The Cayman Islands offer a high level of privacy and anonymity, with no public record of corporate governance. That is why we will not need the services of a nomenee to guarantee confidentiality.
The Cayman Islands form one of the best financial centers in the Caribbean, maintaining favorable tax laws for foreign investment.
The Cayman Islands have a very efficient administration, so it may take 3 to 4 days to open a company.