Cayman Islands Offshore Company Incorporation Services
FastLane Group offers a comprehensive range of services for Cayman company incorporation. These services encompass every step of the process, from initial entity setup and business registration to the provision of registered office addresses and accounting assistance.
Why Choose Us
Expertise
We have the knowledge and expertise to assist you with local or international company incorporation, guiding you in choosing the most suitable business structure for your company formation.
Convenience
We take care of all paperwork and administrative tasks involved in company incorporation, enabling you to prioritize other essential business matters.
Value
We offer a remarkable combination of value for money, expertise, and convenience. By choosing us, you can save both time and money while entrusting your company to capable hands, giving you the confidence you need.
Comprehensive Incorporation Solutions for Your Business
Company name search and reservation
One of the most important steps in the business formation process. Making sure there is no duplication of your intended business name.
Company incorporation application
We will handle the entire process, from document preparation to submission, saving your time and effort.
Application of Business Registration
Failing to properly file and obtain your Hong Kong business registration certificate can make doing business difficult. We ensure that all your company formation documents are prepared according to the government’s requirements.
Cayman Islands Company Incorporation Process
Step 1: Choosing a company name
The company name must be unique and not already registered in the Cayman Islands. The name must also end with the word “Limited” or “Ltd”.
Step 2: Appointing directors and shareholders
The company must have at least one director and one shareholder. The directors and shareholders can be individuals or companies.
Step 3: Choosing a registered office
The company must have a registered office in the Cayman Islands. The registered office can be the address of a registered agent or a physical office.
Step 4: Preparing the Memorandum of Association and Articles of Association
The Memorandum of Association (MoA) is the governing document of the company. It sets out the company’s objectives, structure, rules, and regulations. The Articles of Association (AoA) are the company’s bylaws. They govern the company’s day-to-day operations.
Step 5: Filing the incorporation documents with the Cayman Islands Registrar of Companies
The incorporation documents must be filed with the Cayman Islands Registrar of Companies. The incorporation documents include the Memorandum of Association, Articles of Association, and a declaration of compliance.
Step 6: Paying the incorporation fee
There is a fee to incorporate a company in the Cayman Islands. The fee varies depending on the type of company being incorporated.
Frequently Answered Questions
If you are contemplating company formation in the Cayman Islands as an individual, a residential address is required. For companies that wish to form a subsidiary in the Cayman Islands, a registered office address or business address is required.
The Economic Substance (ES) Laws require certain entities to have a genuine economic presence in the jurisdiction in which they are incorporated or registered. This means that they must carry out real economic activity in that jurisdiction, not just paper transactions.
The ES Laws apply to “relevant entities” that carry on “relevant activities” in the Cayman Islands. A relevant activity is an activity that is carried on in the Cayman Islands and that is capable of having economic substance.
In order to assess if your company, registered within any of the mentioned jurisdictions, is engaged in “relevant activities” as defined by ES Laws, it is necessary to evaluate if the specific criteria for each industry are met.
Given that the regulations and benchmarks for each “relevant activity” differ across industries, seeking guidance from an established expert in company formation, like FastLane, is advisable. This assistance can aid in comprehending the impact of ES laws on your business and its future strategies.