Cayman Islands Offshore Company Incorporation
Easy, fast, confidential, and above all, tax-efficient, the Cayman Islands have become a popular choice amongst smart entrepreneurs.
At Worldwide Fellow, our experts are readily available to assist our global clients to register a company in the Cayman Islands. The services include company formation, providing local nominee directors, and opening corporate bank accounts.
On average, your Cayman Islands company can be registered within three working days upon submitting the necessary documents.
Cayman Islands Company Fees
Cayman Islands Company Incorporation Fees
Type of Company
Gov. Fees & Service Charges
Service Fee for Year 1
Renewal Service Fee
Exempt Company
USD $1200
USD $2899
USD $2899
Bank Account Opening Service Fees
Hong Kong
Bank Name
Deposit Required
Application Type
Service Fee
Singapore
Bank Name
Deposit Required
Application Type
Service Fee
- Please be advised that the processing time for opening a bank account is at the discretion of the bank and may vary from one week to four weeks.
- Please refer to our full list of international banks to view remote application options.
Nominee Services Fees
Type of Service
Annual Fee
Nominee Local Director
USD $699
Nominee Shareholder
USD $699
Frequently Asked Questions on Cayman Islands Offshore Companies
How much does it cost to set up a company in the Cayman Islands?
The initial setup cost for a Cayman Exempted Company typically ranges from USD $2,000 to $4,000, depending on the service provider and whether expedited processing is required. This includes:
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Government registration fees
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Registered agent and office
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Document drafting and filing
What are the annual maintenance fees for a Cayman Islands company?
Annual costs generally range from USD $2,000 to $4,000, which includes:
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Annual government renewal fee
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Registered agent and office services
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Compliance and filing obligations
These fees are due every January 1st to keep the company in good standing.
Are there any hidden or additional fees I should be aware of?
Yes, possible add-ons may include:
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Courier/document shipping fees
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Due diligence/KYC processing
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Notarization or apostille fees
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Economic substance filings (if applicable)
Does the Cayman Islands charge corporate or income tax?
No. Cayman companies enjoy 0% corporate tax, income tax, capital gains, and withholding tax. However, there are fixed government and agent fees to maintain the company.
Do I need to pay for audited financial statements in the Cayman Islands?
For most Cayman Exempted Companies, audited financial statements are not required unless the company is:
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A regulated entity (e.g. investment fund under CIMA supervision)
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Engaged in activities that fall under Economic Substance laws
For standard offshore holding or trading companies, there are no mandatory audit or accounting fees, which helps reduce ongoing costs.
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Your Business In Cayman Islands Made Easy
Ready to incorporate in Cayman Islands? Talk to our experts today and get your Cayman Islands company up and running in no time!