Offshore Set Up
Cayman's special economic zones were established to promote economic growth, encourage foreign direct investment, and diversify the economy of the Cayman Islands. The business-friendly government of Cayman has granted several globally competitive concessions to companies that establish a physical presence within Cayman Enterprise City (CEC). Through CEC, companies can take advantage of fast-tracking business licensing, a five-day visa process, and professional corporate relocation services. These special economic zones eliminate the red tape, excessive costs, and uncertainty that one would normally experience when establishing a physical presence offshore.
Benefits of setting up at Cayman Enterprise City:
- No corporate, income, sales, or capital gains tax
- 100% foreign company ownership is permitted
- A 4-6 week fast-track business licensing regime is available
- Renewable 5-year work/residency visas are granted within 5 days
- Cutting-edge IT and business infrastructure is provided
- Offshore hosting and payment gateways are available
- The ability to protect intellectual property offshore is provided
- An appropriately regulated business environment is maintained
- A dynamic tech cluster with access to cross-marketing and growth opportunities is available
- A skilled labor force and easy recruitment procedures are provided
- Professional relocation services and turn-key solutions are available
- Thoughtfully designed work environments are provided
- Easy access and direct flights to the U.S., Canada, and London are available
- A catalyst for rapid international growth is provided
- A warm, sunny climate is available year-round
- A fantastic high-quality island lifestyle is offered.
Learn more about CEC