Cayman Islands corporate setup and fund administration

Corporate Services Built for Substance
to Establish Your Presence in
the Cayman Islands

Cayman is where funds, holding companies, and serious structures are set up, and the upkeep is as important as the launch. Our specialists guide your setup and manage the annual filings, accounts, governance, and records that keep it in order.

Expanship is a privately owned company. We are not a government agency, department, registry or regulator, and we are not affiliated with, endorsed by, or acting for the Government of the Cayman Islands, the Cayman Islands Monetary Authority, or the General Registry. We advise you, prepare and coordinate your paperwork, and act on your behalf; whether a company or document is approved, and when, is decided by those authorities alone.

Our services

What we do for a Cayman Islands company

Formation, compliance, secretarial work and local presence for a Cayman Islands company, each on its own page. Follow a branch for the detail.

The company

Your Cayman Islands company

Formed once through a corporate services provider in the islands, whichever of the two structures you choose, then maintained by us through each January that follows.

Form it Company formation
Hold it Presence in the islands
Record it Nominee arrangements
Scorecard

How we rate the Cayman Islands

Our assessment of the Cayman Islands on twenty measures across five categories, each scored out of ten, alongside what the international bodies that review the territory currently record.

246810 PrivacyBankingRegulatoryBusinessInternational 7.19.59.39.67.3
Compare with

Cayman Islands

Privacy & Confidentiality

What the beneficial ownership register holds, who is allowed to see it, and what leaves the jurisdiction automatically each year.

Privacy Score

Balanced transparency with strong compliance
7.0

Director Anonymity

Filed with the authorities, paid search only
7.5

Beneficial Ownership

Central record, authority access
7.0

Information Exchange

Full CRS/FATCA compliance, automatic exchange
7.0

Banking & Financial

How readily international banks open and hold accounts for entities formed here, and how freely money moves once they do.

Banking Acceptance

Strong acceptance worldwide
9.5

Financial Reputation

Widely used domicile for investment funds
9.5

Currency Freedom

KYD pegged to USD, no exchange controls
9.5

Banking Partnerships

Strong domestic sector, global correspondent network
9.5

Regulatory & Compliance

The governing law, the bodies that supervise it, and where the jurisdiction sits on the international tax and transparency regimes.

Regulatory Framework

Mature regulatory infrastructure
9.5

OECD Compliance

Largely Compliant rating
8.5

EU Recognition

Not on EU Annex I or Annex II
9.5

FATCA/CRS Compliance

Full compliance, established infrastructure
9.5

Business Environment

What it takes to form and run an entity here: how fast, what it is taxed, and how stable the law behind it has proved.

Incorporation Speed

1-2 days standard, same-day available
9.5

Tax Efficiency

0% corporate tax, exemption undertaking available
10.0

Political Stability

Stable British Overseas Territory
9.5

Legal System

English common law, Privy Council appeals
9.5

International Recognition

How the jurisdiction is regarded outside its own borders, and how far its treaty and trade arrangements actually reach.

Global Reputation

Widely recognised offshore financial centre
9.5

Treaty Network

TIEAs only, very limited DTAs
4.0

Trade Relations

British territory benefits, limited independent access
7.0

Diplomatic Status

British Overseas Territory standing
8.5

OECD Global Forum and Inclusive Framework

4
Largely Compliant Global Forum peer review
Implemented Inclusive Framework
Early adopter In force
Signatory Multilateral

Financial Action Task Force and its Caribbean body

4
Removed October 2023 All strategic deficiencies addressed
Member Caribbean Financial Action Task Force
Framework in force Comprehensive regime
Fifth round Scheduled 2026

Account reporting regimes

4
Model 1 agreement In force since 2013
Exchanging Over 100 jurisdictions
Tax Information Authority Manages all exchanges
Committed Adoption pending

Tax cooperation instruments

4
Over 30 in force Bilateral
In force Multilateral
United Kingdom With extensions
Member Caribbean Association of Tax Administrators

European Union

1
Not listed Neither Annex I nor Annex II

Domestic supervision

3
Monetary Authority CIMA, supervision and oversight
Mutual Funds Act and Private Funds Act Governing statutes
Over 100,000 Under Monetary Authority supervision

Start your company

Two Cayman Islands structures, and what the law asks of each

Whichever you choose, the formation is one piece of work with one fee. The company then holds a registered office in the islands for as long as it exists, and three further arrangements are yours to take or leave.

Form the company

About incorporation

Two legal structures in the Cayman Islands, and every piece of work between your enquiry and the day the company exists.

Verified, prepared and submitted for you. KYC Paperwork Submitted Exempted Company

Companies Act (2025 Revision) of the Cayman Islands

Exempted Company

Every formation includes from US$2,749
  • Unlimited company name checks
  • All government registration fees
  • Memorandum and articles prepared, signed and submitted
  • Registered office and provider for your first year
  • Formation documents and statutory registers, delivered worldwide
Verified, prepared and submitted for you. KYC Paperwork Submitted The LLC

Limited Liability Companies Act (2025 Revision) of the Cayman Islands

Limited Liability Company

Every registration includes from US$2,999
  • Unlimited company name checks
  • All government registration fees
  • Registration statement and LLC agreement prepared
  • Registered office and provider for your first year
  • Formation documents and company registers, delivered worldwide

Already have a Cayman company with another provider? Bring it to us for US$350, one time. Its registration number, its date of formation and its contracts do not change. About transferring your company

The package price includes the government fees, which are set by the Cayman Islands authorities and passed on at cost. The rest is our fee for advising you, preparing and coordinating your paperwork, and handling the incorporation on your behalf; whether the company is approved, and when, is decided by those authorities alone.

Hold a presence in the islands

Two things the company must have for as long as it exists: an address in the islands, and a corporate services provider standing behind it. Both are covered for your first year inside the formation fee, and both renew annually after that.

The authority writes to one address The authority Your provider You

Appointment A

Registered agent

A Cayman company holds its registered office through a corporate services provider in the islands. The provider receives what the authority sends, keeps the statutory records and stays on the record. We put that appointment in place and keep it current.

About registered agents
An address in George Town, and the records behind it The address The records

Appointment B

Registered office

A street address in George Town that is recorded as your company’s address. A post box or an address outside the islands does not satisfy the Companies Act. Your statutory records are held there and your correspondence is forwarded on.

About the registered office

Decide who appears on the record

A governance decision taken at formation, not an extra bought afterwards. Two separate arrangements, each documented before any share or interest is issued.

Your instruction is the only way in Nominee director You The mandate

On the board

Nominee director

Appointed
At formation, under your instruction
Governed by
A written mandate setting the scope of authority
Recorded in
The Register of Directors and Officers
About nominee directors
Two documents over one holding Register The nominee Declaration Held for you The owner

On the share register

Nominee shareholder

Held under
A declaration of trust for the beneficial owner
Recorded in
The Register of Members, which is not public
Beneficial ownership
Recorded exactly as the law requires
About nominee shareholders

Open the corporate bank account

A bank needs the company to exist before it will open an account, which is why this sits outside the formation. Every package already carries an assisted opening with a digital provider; a bank account is arranged on its own.

Assembled in full, then followed to a decision Your file The bank
Opening
Usually remote A few banks ask for a call. We say which, first.
The papers
Assembled by us Company documents, IDs, what the business does.
The decision
The bank’s On its own timetable, in weeks rather than days.

Commonly opened in Singapore, Hong Kong, Europe, the United States, or with a digital provider. Cayman has a banking sector of its own, no requirement to use it, and no exchange controls either way.

Ongoing compliance

What a Cayman Islands company has to do each year

A Cayman company is formed once and maintained for as long as you own it. Most of its year falls in January, and we hold that work under one annual package with a page for each part.

  • 0 visits to the islands required
  • 1 named contact who knows your file
  • 1 price, agreed before we start
  • 13 jurisdictions, should the next company be elsewhere

Why Expanship

Set up with care. Kept in order every year.

Cayman expects a company to be kept properly: the annual return, the substance filing, the books and the local office. The same team that set yours up looks after all of it, at one price agreed before we started.

What every engagement includes

  • One price, agreed first

    The setup, the local office and the year’s filings in one figure, agreed first.

  • A named contact

    One person who knows your file and answers for it, not a ticket queue.

  • A written checklist

    What we need from you, and what happens next, set out before the work starts.

  • The same team, every year

    Annual return, substance filing, ownership and records, by the people who set it up.

  • Nothing to travel for

    Onboarding to signing, all online. No trip to the islands unless the law demands one.

  • Your information, handled

    Strict security protocols and professional confidentiality throughout the process.

FAQ

What people ask about a Cayman Islands company

The jurisdiction in six questions, and working with us in four.

About the jurisdiction

Because its company law is the one fund managers, lenders and their counsel already draft against. Cayman documents rarely need explaining to institutional counterparties, the jurisdiction has a mature regulator and its own banking sector, and there is no direct tax. It costs more than smaller jurisdictions, and that is part of what is being bought.

English common law, under a Companies Act revised continuously, most recently in 2025. The final appeal lies to the Judicial Committee of the Privy Council in London.

No. The Cayman Islands has no corporate income tax, no capital gains tax and no withholding tax. A company pays an annual government fee. A tax exemption undertaking, usually for twenty years, can be applied for, and whether it is granted is the government's decision.

The Cayman Islands is on neither EU list and was removed from FATF increased monitoring in October 2023. The OECD Global Forum rates it Largely Compliant, and the next FATF mutual evaluation is scheduled for 2026.

Very little. The list of members is closed to public inspection and beneficial ownership is held for the authorities only. Director names can be obtained through a paid company search, but nothing is browsable and there is no public list.

Yes. A Cayman company can be wholly owned by non-residents, with no local shareholder requirement and no resident director test. The registered office, held through a corporate services provider in the islands, is the only local presence.

Contact Us

Speak with our Cayman team

Funds, holding companies, substance, and the annual upkeep of a Cayman entity. Describe what you are planning and a specialist will respond.

Professional business consultation

Expanship is a private company, not a government agency. Submitting this form requests a consultation with our advisors; it does not place an order, start an incorporation, or create a professional relationship, and nothing we reply with is legal, tax, or financial advice.

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