Incorporate in the Cayman Islands with Limited Liability company

What are the characteristics of the Liability Limited Company (LLC) in the Cayman Islands?

The Cayman Islands have many kinds of business entities that can be incorporated. Two of the popular are the exempted company and limited liability company (LLC). LLC is a business entity form that won the attraction of investors and foreigners.

With the advantages of its characteristics that allow it in the Cayman Islands, LLC is the best choice for the clients who want to incorporate the company here.

The LLC in the Cayman Islands does not require a minimum capital investment. Moreover, its members are kept privately. Profits and distribution to shareholders along with stock exchange are not subject to tax for the company and shareholders.

Cayman does not have a tax deduction. However, at least one member for incorporating the Cayman Islands businesses is a mandatory requirement. The other members can be added more to the company during the operation.

Last but not least, the Board of Directors does not to be in this jurisdiction.

Read more:

• Why do companies incorporate in Cayman Islands
• How to open a company in Cayman Islands