Benefits of Cayman

The Cayman Islands is recognised as a major international financial centre with leadership in a number of areas.

As the top international banking centre, the world’s leading domicile for offshore hedge funds, the second largest captive insurance centre and a world leader in structured finance, the jurisdiction stands as the only offshore international financial centre to possess such breadth and depth in financial services.

Private and institutional investors are attracted to the Cayman Islands because of its professional infrastructure, business friendly approach, flexibility, an English common law framework, stability, well regulated regime and tax neutrality.

PROFESSIONAL INFRASTRUCTURE

The Cayman Islands is home to many of the world’s top professionals in the areas of law, accountancy, corporate services and investments expertise. Many of the world’s leading firms in these areas have chosen to set up in the Cayman Islands.

BUSINESS FRIENDLY

The Cayman Islands Government and the private sector have maintained a partnership which has resulted in a climate that is responsive to local and international market needs and provides flexibility while maintaining the financial centre’s integrity.

STABILITY

The Cayman Islands has maintained a very stable economic and political climate throughout its history.

TAX NEUTRALITY

The jurisdiction has no direct personal, corporate or property taxes.

MAINTAINING INTEGRITY

The Cayman Islands is recognised internationally for its efforts to adhere to international regulatory standards and plays a leadership role in the offshore arena on international regulatory issues. The jurisdiction is well known to have in place a regulatory regime which surpasses many of the world’s top international financial centres in the area of anti-money laundering.

Operating in Cayman

Entities within the Cayman Islands public and private sectors offer a wealth of information and assistance with regard to investing in or establishing a business presence in the Cayman Islands.

The Cayman Islands Government’s Department of Commerce and Investment supports foreign direct investment into the Islands and its Investor Support Services unit is a useful point of contact for anyone looking to invest here. The DCI can provide information with regard to the local business environment, investment opportunities and guidance on laws and regulations.

Cayman’s financial services industry is regulated by the Cayman Islands Monetary Association and it is an excellent resource with regard to governance.

The Chamber of Commerce was established in 1965 and is a non-profit organisation that supports, promotes and protects Cayman business and the wider community. It has a wide range of resources available including information on relocation and investing in the Cayman Islands.