Geography/climate/population

The Cayman islands is Grand Cayman, Cayman Brac by their Cayman and three islands, is located in the northwest of the 268 and Jamaica

In Miami, south west 640 kilometers in the Caribbean. The capital is George city (headmaster to ask), located in the cayman islands west yu, three island surface

Product totaling 260 square kilometers. Grand Cayman (big Cayman island) derived from the Caribbean, [the crocodile], in Spanish perennial hair

Now the cayman islands, coast visible everywhere, traces of crocodiles, an area of about 78 square miles, about half of the mud. The cayman islands is a tropical climate,

Winter climate is dry, storm season for six months to November. A population of about 40, 900 (2000), about 94% of the population living in the big cayman

Island, according to the 1999 census, floating population accounts for about 47% of the total population.

General economy

The cayman islands major industry for financial services, tourism and real estate industry. Big cayman island and small the cayman islands, for worldwide financial services, have the raising of the foot light

The effect of heavy, which has the cayman island to the size of the universal in Central America and the Caribbean far crown islands. The inhabitants of the cayman islands, and more than 70% by all

Financial and business related hired industry, the cayman islands, the prosperity of the lies mainly in its government, no foreign exchange control, can at any time, in order to maintain its revised law in

Finance, insurance, commercial, and other aspects of the leadership. More than 580 Banks and trust companies set up in this, its assets as much as 7, 476,

$; 517 have exclusive insurance company, the assets of about $14.3 billion; Have 3, 041 mutual funds in the registration and its assets up to 2

, $15 billion; And about 40, 000 overseas company registered in the home. In addition the cayman is also one of the major global OuBi trading market. local

Cayman yuan currency (CI) 挆 $$$1.2 of a fixed exchange rate, but tourists so far to need not special $will convert into the cayman yuan, because the cayman

All accept all over islands dollars. The Cayman Islands Stock Exchange (Stock Exchange is The Cayman, CSX) who is a by The government

Have a private limited company, but according to the 1996 card to coil and Exchange act (Stock Exchange Law1996) the independent operation. Since 1997

July operations, has been more than 600 companies listed on the card to coil, the total value of 40 billion dollars.

tax

The cayman islands is a true tax heaven. Since abolished in 1985 (a big Head after Tax) prohibitively, residents and the company all need not pay Tax directly

. It has no Capital Gains on value added Tax (), Inheritance Tax (Inheritance Tax) or give the Tax (another Tax), also don't lesson

Property Tax (Tax) her badge and for foreigners to own Property or no restrictions on the land. For real estate transfer must pay 7.5% of

Stamp duty (some place class badge 9%), mortgages, amount if under $300, 000 shall be CI pay 1.5% of the mortgage tax.

Financial information

Hong Kong and Singapore stock market, allowing the cayman islands registered overseas company to local stock market listing for trading. The cayman islands, second only to Bermuda, also

Is the main insurance business center. In the registration of insurers, mostly engaged in relevant health insurance business

Cayman exempt company

The exemption of the cayman firms as local business company general way, at least need a director, but can't in local business, and shall not be in the cayman islands

In its stock or public issuance of corporate bonds, and may not have the land, and in the local unless have licenses, otherwise not run Banks, insurance and mutual funds

Business. Its advantages are as follows:

1. Do not need to report their annual business report.

2. Members of the secret, material not made public.

3 ? exemption from the payment of any possible the cayman islands taxes, exemption period since the first day the 20 years project exemption

Exempt company application procedure

1, company name Latin letters, and any available company documents in English, and the company shall not have in the name of banking, insurance, reinsurance, trust of the word

, and not with the royal or relevant government.

2, at least need a company director/shareholders to register, and must have a registered address in the form of the cayman exempt company directors need not when, in

Land.

March will be the companies ordinance and registration fee to submit the company registered innings, and must tell the main business of the company is in the cayman islands abroad.

4 ? company was set up to 25 working days, can complete registration, and to get all related files.

5, can be in Hong Kong, Singapore card to coil trading market for sale.

6, company is established, can be in any country of the world in legal business activities.

7 ? don't need in the cayman having a board meeting, also need not held in the cayman shareholders.

8, company through a board meeting to change at any time the company directors/shareholders and main cadre members.

9 ? can use the name of a company to open bank account (OBU Taiwan or Hong Kong...... Etc), the establishment of a trust, open a letter of credit, the trade, and turn

Let the l/c.

10 ? can be issuing unregistered stocks.

11 ? can have other shares in the company, real estate and other movables.

12, no minimum capital restrictions, and no minimum the face value of the ticket restrictions, the registered capital is RMB 50000 for US usually.

13, company does not need to have a checking the accounts of the company, just to maintain a good book (that is to have all the payments, business records and record assets and liabilities to remember

Record) need not prepare financial report every year.

14. The business secretary: business secretary service for the enterprise to solve the trouble back at home of Hong Kong enterprises management. Hk $380 per month, you'd have a specialist on electricity

Words, receive and send fax, delivering information, document handling, and other supporting resources, accomplish truly open source throttling.

15. Establish brand: enterprise registration is completed, we can also prepared for your enterprise design trademark, registered trademark, build up the enterprise image in the same

, create enterprise brand.

16. We promise: by what we get certificate, documents, we ensure that its authenticity. If not, we bear the corresponding legal responsibility

, and double make;

17. The company in a subsequent management process like appear increases the registered capital, change, change, change the shareholders director company name, address, change secretary change

And change the way, their share holding, tax, the import and export of goods, the customs declaration, simple international trade, and many other enterprise managing encountered

A series of problem, can contact us, help enterprise the better growth!!!!!