Company Formation

The most popular type of company for international trade and investments is exempt company. The usual procedure of incorporating exempt company starts with submitting the Memorandum and Articles of Association to the Registrar of Companies, together with the registration fee and a sworn statement declaring that the business activities of the proposed company will be undertaken mainly outside the Cayman Islands. The names and addresses of the proposed first directors must be disclosed to the Registrar.

The registration procedure is very quick (it may even take just 48 hours); the registration service provides Memorandum and Articles of Association (Charter and Bylaws), company seal, nameplate, minute book, statutory records and deals with all incorporation formalities. The firm will provide a Full or partial management service according to the circumstances.

Usually registration services include provision of:

• Registered Office and Mailing Address
• Statutory and Accounting Records
• Directors and Officers
• Meeting and Conference Rooms
• Fax and Telephone Services

Also, it should include writing statutory records and keeping company in good standing with the Cayman Islands authorities, correspondence, invoicing and accounting services, as well as other facilities that may be needed for a company to carry on business successfully.