Located in the Caribbean Sea, 480 miles south of Miami, USA
Direct flights from Canada, London and the United States (Miami, New York, Atlanta & several US gateways)
With more than US$700 billion on deposit in Cayman banks, the jurisdiction ranks as the world’s fifth-largest financial centre.
Over 40 of the world’s top 50 banks have established branches or subsidiaries in Grand Cayman. All of the leading accounting firms are also on-Island, and several world-class law firms add to the centre’s professional infrastructure.
The corporate law and the legal process is based on English common law and enhanced by local statutes and a respected judiciary.
There are no taxes on income, profits, assets or capital gains.
There are no exchange control regulations in the Cayman Islands.
Compliant jurisdiction with established reporting regime with respect to U.S. & U.K. FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard). Clients are urged to ensure legal and tax advice obtained to maximize benefits when establishing an offshore structure.
Professional expertise including experienced lawyers, international accounting firms and international bankers that are essential for a financial community, is available and well developed.
Communications are excellent and are continually being upgraded to meet the growing demands of the public.
The Cayman Islands Dollar (CI$) is the local currency and is pegged to an exchange rate of US$l.20 = CI$l.00. United States Dollars are accepted in the Cayman Islands.
