Do business in the Cayman Islands
Trusted by hundreds of cross-border companies
Benefits
Why choose Commenda for your company expansion in the Cayman Islands
Designed for global business integration
We help structure your Cayman Island Private Limited Company to align with your global operations, ensuring cross-border tax efficiency and inter-company agreements.
Stay compliant, all year round
We support your business with full compliance services, including annual corporate filings, financial statement preparation.
Get expert support for tax & legal set up
From obtaining your federal Business Number to registering for ELP and payroll, we manage the setup process in coordination with the Cayman Islands’ legal and accounting professionals.
Entity Types
Choose the right business structure for your company
ELP
- Tax neutrality: No direct taxes on income, profits, or capital gains in the Cayman Islands.
- Flexible structure: Minimal statutory requirements and contractual freedom under the partnership agreement.
- Limited liability: Limited partners’ liability is capped at their contributed capital.
- Credibility: Well-recognized by lenders, suppliers, and customers.
- Must register with the Cayman Islands Registrar of Exempted Limited Partnerships.
- Requires at least one general partner (responsible for management) and one limited partner.
- General partner must maintain a registered office in the Cayman Islands.
- No corporate tax filings in Cayman, but compliance with economic substance and AML rules may apply.
- Cannot issue shares; primarily used for investment pooling rather than operating businesses.
LLC
- Hybrid structure: Combines limited liability protection with partnership flexibility.
- No share capital: Members hold membership interests rather than shares.
- Flexible distributions: Profits and losses allocated as agreed in LLC Agreement.
- Simplified fund administration: Easier tracking of member investments and capital calls.
- Must register with the Cayman Islands Registrar of Limited Liability Companies.
- Requires at least one member (individual or entity).
- Must have a written LLC Agreement governing internal affairs.
- Eligible for Tax Exemption Undertaking for up to 50 years.
- Cannot conduct local business in Cayman except as necessary for external operations.
Got questions? Schedule a call with one of our experts
Frequently Asked Questions
Why is the Cayman Islands a good choice for incorporating my business?
The Cayman Islands is a globally recognized offshore financial hub known for its tax-neutral status, political stability, and strong legal framework based on English common law. With no direct taxes on income, capital gains, or corporations, and no restrictions on foreign ownership, the Cayman Islands is an ideal jurisdiction for international businesses, investment funds, fintech companies, and global trading operations.
How can Commenda help me incorporate in the Cayman Islands?
Commenda manages the full incorporation process – from selecting the right entity type (such as an exempted company) to handling registration, banking introductions, and compliance setup. We work closely with Cayman-based legal and regulatory experts to ensure your business is established efficiently and meets all local and international standards for compliance.
Do I need to be physically present in the Cayman Islands to incorporate with Commenda?
After incorporation, you’ll need to maintain annual filings with the Registrar, pay the annual government fees, and keep proper accounting records (though there are no audit requirements for most entities). Commenda provides managed compliance services to help you meet these obligations and maintain good standing.
How long does it take to incorporate with Commenda in the Cayman Islands?
Most Cayman Islands incorporations can be completed within 3–5 business days after we receive the required documentation. Commenda coordinates with local authorities and service providers to ensure a fast, compliant setup so you can focus on launching your business.
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