Incorporation • Jurisdiction

Cayman Islands

Incorporate your company in the Cayman Islands, a tax-neutral jurisdiction.

Cayman
Why choose the Cayman Islands? 

The Cayman Islands is a well-known and widely trusted jurisdiction across the world

Long track record
with investors globally
Tax neutral
environment
100%
foreign ownership
Business friendly
environment

Why Cayman?

Learn why Cayman is such a popular jurisdiction for structuring investments.

Trusted by leading companies, investors and lawyers around the world
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Cayman
exempted company

Businesses benefit from the speed and simplicity of Clara’s digital incorporation process, while investors are attracted by the strong regulatory environment and legal protections that the Cayman Islands provides.

Complete the form to receive an instant quote.

Journey

Cayman Exempted Company

01

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Provide information

Start by adding some basic details on the company, shareholders and directors.

02

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Put the nature of business

Tell us a bit more about the underlying business activities of your operating company. This is the company that will actually conduct operations and will be held by the Topco you will form in the Cayman Islands.

03

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Use the model of AOA or Upload amended AOA

The model Articles of Association contain the basic requirements. If you want to add additional share classes or include details from a Shareholder’s Agreement, then you will need to supply us with your amended AOA and confirm that they comply with the regulations.

04

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Decide share capital

Select your own number of authorized shares, or use Clara’s recommended approach. The authorized share capital for a Cayman company is the maximum amount of share capital that the company is authorized by its shareholders to issue to shareholders. 

05

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Pay & Submit

Once all your formation tasks are completed, you can pay and submit your formation to Clara.  

06

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Review and sign

Once submitted, Clara will review and create the incorporation pack for signing within 3-5 business days.

07

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Track progress

After signing the documents, Clara will file the incorporation, completing within 5 to 7 business days. Progress can be tracked on the dashboard. 

Find out more about the exempted company license. Clara’s got you covered in Cayman.

Benefits

Learn more about the benefits of Cayman exempted company

Before you get started with incorporating Cayman on the Clara platform, learn more about the benefits of Cayman exempted company.

Ease of administration

A Cayman exempted company can be incorporated with a minimum of one director and shareholder, and they do not need to be resident in the Cayman Islands. 

Ease of incorporation

The application process is done online, and all documents can be signed digitally on Clara. There is no requirement for any parties to be physically present in the Cayman Islands for the incorporation process. The company is typically incorporated within 3 to 5 days.

Tax

The Cayman Islands is a tax-neutral jurisdiction. There is currently no corporate, income, capital gains or any other tax on money earned outside the territory. 

Flexible ownership structure

There is no minimum share capital and no maximum number of shares or shareholders. There is no restrictions on the nationality of the shareholders.

Cayman Sandwich

Best practice structure for Latin American based startups. 

Facilitates operational expansion and is the preferred structure for VC’s and Law Firms.

Clara bundles

Save up to $795 when you bundle
your formation with our platform subscription

Make the most of Clara by integrating the formation and management of your
company with our wider company OS. 

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Stories, updates and resources

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From company formation to maintaining the cap-table, by using Clara founders can digitally form their companies in a range of jurisdictions, create and manage their cap-tables and generate legal documents. Clara is quickly becoming an integral part of the startup software stack.

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FAQs

Frequently asked questions

We have put together some commonly asked questions 

What can you use a Cayman Exempted Company for?

A Cayman Exempted Company can be used as a passive holding company or TopCo that holds shares in operating companies. A Cayman Exempted company should not be used for active commercial activities. You should not employee people from your Cayman company, this should happen at the operating company level instead. 

What information do I need to set up an Exempted Company?

You will need to tell us the purpose of the SPV, its proposed name, who will be the shareholder(s), director(s) and authorised signatory and provide their identification information and documents. For a full list so you can start preparing now, click here. 

Will I need to pay tax on my Exempted Company?

No, the Cayman Islands is a tax-free jurisdiction. You will not need to pay company, individual, or capital gains tax.

What are the ongoing obligations for an Exempted Company?

A Cayman Exempted Company has annual, and event driven obligations. The annual obligations include and filing an economic substance declaration, paying the renewal fee and filing the annual return on or before the 31st of December. If changes occur to the company (such as a change of directors or shareholders), this will trigger a requirement to update the company books and / or the Registrar. For more information, click here. 

How long does it take to register a company in Cayman Islands? 

Incorporating your Cayman Exempted Company can take approximately 5 – 7 days from submission to the Cayman registrar.  

In order to speed up the process, be ready with up-to-date KYC for each shareholder and director. Corporate shareholders often take more time due to the requirement to collect KYC on the ultimate beneficial owners all the way up the group structure. 

What are you waiting for?

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