Where Are The Advantages Of Registering Cayman Islands Company?

1. The Cayman Islands are known as a real tax haven.

The Cayman Islands gained a royal decree in 1978 that the decree permanently exempted the tax liability of the Cayman Islands, which is still in force.

The company is also allowed to apply for a 20 year exemption certificate to further ensure its status without paying taxes.

There is no profit tax or property tax. The only tax is stamp duty. Stamp duty is payable on any pfer or mortgage real estate.

2, listed: in the United States, Hongkong, Singapore securities trading market listing;

3, it is convenient for enterprises to carry out pnational operation.

The pnational operation of enterprises is often subject to various restrictions of the home country government, especially in the developing countries. Under such circumstances, the registration of an overseas Off Shore Company has become a shortcut for enterprises to go global and carry out pnational business.

The name of the company is exempt from the name of the company without using the word "LIMITED" ("limited").

4, offshore accounts can be established: bank accounts can be opened in the name of the company (Hongkong, Singapore, China, etc.), trust, letter of credit, bill of exchange, and pfer letter of credit are established.

5, avoid foreign exchange control, so as to facilitate the capital operation of enterprises.

The Caribbean offshore financial centre does not have any foreign exchange control, and the capital pfer of international commercial companies registered here is not restricted, which is very attractive to enterprises in countries with foreign exchange control.

6, the legal environment is loose.

Because of the special position of the United States in the world economic system, many practices in the current international business practice are actually the product of Anglo American law system. The British Virgin Islands, Cayman and Bermuda are some autonomous British colonies, and their company law is based on the British business company law, so it is conducive to attracting.

Come to register.

7, information disclosure requirements are few, and confidentiality provisions are relatively strict, which is conducive to keeping business secrets.

In the Caribbean major offshore financial centres, there are provisions for secrecy for locally registered international commercial companies.

These include the need to produce audited account statements or annual audits, allow the issuance of bearer shares, do not have records of local activities, do not have to disclose directors' names to the company registration directors, and do not have to register shareholder information.

A relaxed legal environment and a high degree of secrecy of the company's business have fully protected the Off Shore Company's own safety and greatly reduced various risk factors.

The local courts have repeatedly prevented banks from providing customer information to foreign courts and governments, providing good hiding conditions for enterprises and their actual controllers.

There is no need to disclose information about directors and members of the company in the annual inspection report.

In April 2001, the Cayman government issued a new regulation requiring all companies to disclose information to the principal responsible persons, members, beneficiaries and authorized persons of the company to the registered agents.

This regulation applies to all new companies, and the registered company must provide relevant information within a certain period.

The information is regarded as a commercial secret and is governed by the law of confidentiality relationship maintenance.

Therefore, anyone who discloses the information or attempts to obtain the information or acquires the information through illegal means will violate the criminal law.

8.

Slight and avoid double taxation.

The Caribbean offshore financial centre has a very low tax burden on various international business companies and Off Shore Company, and almost all Caribbean offshore financial centres have signed a double taxation treaty with major economic powers.

For example, Antigua stipulates that international business companies are completely exempt from taxation within 50 years since its establishment. Bermuda stipulates that no taxes should be imposed on income, profits and intra island distribution. The Cayman Islands do not collect income tax, capital gains tax, corporate tax or inheritance tax.

9, registration procedures are convenient and maintenance costs are low.

The registration procedure of Off Shore Company is very simple, and a professional registration agency is required to complete it.

Go to the registered place to do the operation in person.

10, the company's management is simple.

Off Shore Company does not need to hold annual general meeting and board of directors. Even if it is held, its location can also be arbitrarily chosen with greater freedom.

Many offshore financial centres do not have minimum capital requirements for international commercial companies.

For example, the shareholders, directors and staff of Nevis Off Shore Company can be citizens of any country and can live anywhere. Shareholders and directors can act in concert without meeting, and the company's archives and main business premises can be located anywhere.

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