Cayman Islands corporation formation offers huge benefits for those seeking asset protection and financial secrecy in a low-tax jurisdiction.
Cayman Islands Corporation Background
The Cayman Islands are located between Cuba and Honduras. They are a group of islands located in the Caribbean Sea. During the 1800s and 1900s the British first colonized the islands. Since 1863 the islands have been administered by Jamaica. Currently the Cayman Islands are an overseas territory of the United Kingdom. They follow the British Common law and have some various local statutes regarding the formation of a Cayman Islands corporation. The climate is mostly tropical.Cayman Islands corporation formation offers many benefits including political & economic stability, fast incorporation, low registration fees, and the ability to own a corporation as the sole shareholder and director.