Cayman Islands offshore companies are required to file an annual return with the Companies Registry, pay an annual government fee, and maintain accurate accounting records. Additionally, Cayman Islands companies are required to have a registered office and a resident agent in the Cayman Islands. It is advisable to consult with a local attorney or professional to ensure compliance with all relevant laws and regulations.
The annual return is a document that confirms that the company is still in good standing, and that there have been no changes to the company’s directors, shareholders, or registered office.