| General Information |
| Company Law | Cayman’s Island Company Law of 1960, as amended |
| Type of Company | Non Resident |
| Language of Legislation and Corporate Documents | English |
| Taxation of Foreign Profits | Nil |
| Exchange Controls | None |
| Length of Time to Incorporate | 5 working days |
| Shelf Companies Available | Yes |
| Corporate Names |
| Name Restrictions | Names identical or similar, offensive words |
| Endings and Abbreviations Required | Limited, Corporation, Incorporated or its abbreviations |
| Length of Time to Verify Name Availability | Two hours |
| Reservation of Names Permitted | No |
| Language of Name | English |
| Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license | Yes |
| Capital and Shareholders |
| Minimum Number of Shareholders | One |
| Local Shareholders Required | No |
| Corporate Shareholders Permitted | |
| Disclosure of Shareholders | No |
| Minimum Authorized Capital Required | US$50,000 |
| Bearer Shares Permitted | No |
| Registered Shares Permitted | Yes |
| No Par Value Shares Permitted | Yes |
| Directors and Officers |
| Minimum Number of Directors | One |
| Qualifications of Directors | Legal age |
| Officers Required | Company Secretary |
| Corporate Directors/Officers Permitted | Yes |
| Local Directors/Officers Permitted | No |
| Appointment of Subsequent Directors/Officers | Memorandum and Articles of Incorporation |
| Meetings |
| Annual General Meeting of Shareholders Required | Yes |
| Annual General Meeting of Directors Required | No |
| Location of Directors and Shareholders Meetings | Anywhere |
| Adoption by Consent Permitted | Yes |
| Quorum required for purposes of meetings | Memorandum and Articles of Incorporation |
| Local Requirements |
| Qualified Registered Office/Agent | Yes/Yes |
| Government Register of Shareholders | Yes |
| Government Register of Directors/Officers | Yes |
| Government Register of Charges | Yes |
| Register of Directors/Officers to be kept at Registered Office | Yes |
| Company Seal Required | Yes |
| Copy of Minutes to be kept at Registered Office | No |
| Copy of Share Register to be kept at Registered Office | Yes |
| Annual Requirements |
| Minimum Annual License Fee or Franchise Tax | US$430.00 |
| Annual License Fee or Franchise Tax Due Date | January 31st |
| Applicable Surcharges | |
| Requirement to File Annual Returns | Yes |
| Requirement to Submit Annual Audited Accounts | No |
| Other Relevant Information |
| Member of Apostille of the Hague Convention | No |
| Increase or Reduction of Capital | Shareholders’ resolution |
| Redomiciliation Prohibited | Yes |
| Reinstatement at Registry | Yes |
| Removal from Registry | Compulsory or voluntary winding up and dissolution; or striking-off for non-payment. |
Established in 1986.
