Company Activities
Many companies in the Cayman Islands are investment holding or dealing companies, holding investments throughout the world. Some of these companies act as sales distribution companies, purchasing goods or services from a supplier in one country and selling them on to customers, either on their own behalf, or as brokers on behalf of others. There are companies that are incorporated as subsidiaries on behalf of foreign parent companies, or the companies incorporated to exploit copyrights, performing rights or patents. Professionals incorporate companies to provide management and consultancy services in foreign countries. Some companies are formed to operate offshore mutual funds, take investors funds and spread risk. Many companies are formed to avoid estate taxes on foreign investments.