| General Information |
| Jurisdiction |
Cayman Islands
|
| Type of Entity |
Exempt Company
|
| Type of Law |
Cayman Islands Companies Law (Cap.22)
|
| Language of Legislation and Corporate Documents |
English
|
| Exchange Controls |
None
|
| Shelf Companies Available |
Yes
|
| Corporate Names |
| Name Restrictions |
Names identical or similar, offensive words
|
| Endings and Abbreviations Required |
Limited or its abbreviation
|
| Reservation of Names Permitted |
Yes
|
| Language of Name |
Any language
|
| Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license |
Yes
|
| Capital and Shareholders |
| Minimum Authorised/Paid-up Capital |
No minimum
|
| Bearer Shares Permitted |
Yes (but with restricted mobility)
|
| Registered Shares Permitted |
Yes
|
| No Par Value Shares Permitted |
Yes
|
| Minimum Number of Shareholders |
One
|
| Local Shareholders Required |
No
|
| Corporate Shareholders Permitted |
Yes
|
| Disclosure of Shareholders |
No, but Share Register must be kept at Registered Office
|
| Directors and Officers |
| Minimum Number of Directors |
One
|
| Qualifications of Directors |
Legal Age
|
| Corporate Directors Permitted |
Yes
|
| Meetings |
| Annual General Meeting of Shareholders Required |
No
|
| Location of AGM |
Anywhere
|
| Adoption by Consent Permitted |
Yes
|
| Quorum required for purposes of meetings |
Memorandum and Articles of Incorporation
|
| Local Requirements |
| Qualified Registered Office |
Yes
|
| Qualified Registered Agent |
Yes
|
| Public Register of Shareholders |
No, but Share Register must be kept at Registered Office
|
| Public Register of Directors |
No, but Register must be kept at Registered Office
|
| Company Seal Required |
Yes
|
| Annual fees |
$575
|
| Requirement to File Annual Returns |
Yes
|
| Requirement to Submit Annual Audited Accounts |
No
|
