Country's features:

Geographic location	Carribean
Political regime	British overseas territory
Population	52 560 (2012)
Language	English
Currency	Cayman Islands Dollar
Time zone	GMT-5

Features of the incorporation of a company:

Type of company	Exempt Company
Capital required	No minimum capital is required
Legal system	Common Law
Number of directors/shareholders	Minimum, 1 director/ 1 shareholder
Anonymity and confidentiality	The directors' and shareholders' names appear in the Public Registry. The services of a nominee can be used
Secretary service	No but highly recommended for all in situ management
Corporate tax	0%
Wealth tax	0%
VAT	0%
Government taxes	Capital from 0 to 50,000 USD: 732 USD Capital between 50,001 and $ 1 million: 1098 USD
Accounting requirements	There is no obligation to keep accounts but it is mandatory to file the annual report
Bearer shares	Authorised
Exchange control - non-residents	No

Related links:

• Government of the Cayman Islands website: http://www.gov.ky