Dynamic and Responsive offshore business environment
Well- regulated economy
No Entry Barrier
No Minimum Capital Requirement
Confidentiality and Privacy
A limited liability company is a company having a separate legal identity and the liability of the members of the company is limited only to the extent of their contribution in the Company. A limited liability company is a suitable option for those businesses that carry out activities offshore.
A foundation company is also a separate legal entity. It is formed with a lawful object but may or may not be beneficial for others. It is incorporated under the Foundation Companies Law and Companies Law.
A Resident Company conducts its business in the Cayman Islands. It has to maintain a register at its registered office which contains details of the past and present members of the company and which shall be open for public inspection. A registered company must report to the Registrar annually, giving the names and addresses of members, directors and the amount of paid-up capital.
A resident company is granted the non-residential status only if it applies to the Minister of Finance through the Registrar of Companies stating that the company has no intention of conducting business within the Cayman Islands. The Company deals in shares of exempted companies, foreign companies and partnerships, or any other business in the Cayman Islands as may be necessary for the furtherance of foreign business.
As the name suggests, not-for-profit associations are formed for education, religion and charity purposes. The governor of the Cayman Islands approves such associations. Such associations need not publish their name or constituent members to the registrar.
An Overseas Company or a foreign company is a company outside the Cayman Islands. To operate as a foreign company in the Cayman Islands, registration as per Part IX of the Companies Law is mandatory to allow overseas companies to hold land or conduct business in the territory of Cayman Islands or act as a general partner of an Exempted Limited Partnership.
A special economic zone company is authorized to conduct business in the special economic zone as per the law in force in the Cayman Islands. As per the Companies Law, an existing company can re-register itself as a special economic zone business. The MOA of the company should state the intention of the company to carry out business in the special economic zone.
In an Unlimited company, the liability of its shareholders is unlimited. The shareholders are jointly and severally liable to meet the deficiency in assets of the Company to meet the outstanding debts at the time of winding up of the company.
An exempted company is suitable for those businesses which carry out the proposed activities of a company primarily outside the Cayman Islands. An exempted company can be of further two types:
Exempted Limited Duration Company: This type of company operates for a specified duration as specified in the MOA of the company. It is subject to a condition that the duration of the company should not exceed 30 years and must have at least 2 members.
Segregated Portfolio Company: A Segregated Portfolio Company allows segregation of the assets and liabilities of individual portfolios from the overall Company’s general assets and from other portfolios. However, each portfolio is not considered as a separate legal entity.
Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal and advisory services to early-stage start-ups, entrepreneurs and large corporate houses across the globe.
Our Cayman Islands Entry Strategy services involve the following services
Our Cayman Islands Entry Strategy is further classified into the following:
Our business set-up services provide advisory related to the type of business structure a business should opt for while setting up a business on Cayman Island. There are various business structures in Cayman Island such as Limited Liability Company, Foundation Company, Resident Company, Non-resident Company, Exempted Company, Overseas Company, Specialized Economic Zone Company, Unlimited Company and Not-for-profit associations. Our team provides advice on the most suitable business structure for your business. We also assist in the registration of the business structure, opening a bank account for the company, post-registration compliance, etc.
Our consultancy services are related to managing business in the Cayman Islands. It includes advisory relating to operating the business. Consultancy services relating to the maintenance of books of accounts, invoices, etc. It helps maintain a proper track record of the company's previous financial transactions and also ensures that the filing requirements are fulfilled timely.
Our legal experts advise on legal issues and concerns about contract disputes, corporate decisions, corporate growth and other practices. Our legal team also assists in preparing and reviewing legal documentation related to the business establishment and operation.
Our IP experts provide legal advice on the protection of Intellectual Property and formulate strategies for obtaining Registration in the Cayman Islands by applying for registration. Our team also advises on various IP-related issues and compliance.
Our tax experts provide services related to compliance with international tax treaties and reporting standards. Our team ensures that the annual reports are prepared as per the legislation and produced before the authority as and well required.
Our team ensures that the financial statements are prepared timely and are audited by the CIMA where required. Our team also ensures that the financial statements are prepared under the International Financial Reporting Standards or as per the Generally Accepted Accounting Principle of any low-tax jurisdiction like the U.S., Japan, Switzerland, etc. We also ensure that the audit is conducted by the Cayman Islands Institute of Professional Accounts.
Cayman Island acknowledges the importance of attracting fintech and digital assets businesses to ensure growth. Our team of experts guides you to maintain the highest standard of financial probity and transparency while ensuring that specific considerations accompanying digital assets have been followed. Our team also advises on VASP Regulations.
24x7 Client relationship support desk.
Tech-enabled service delivery platform.
Dedicated foreign Investment desk.
50,000+ Network of Lawyers/Attorney’s/CA/CPA/CFA.
Strong team of Inhouse Lawyers/Attorney’s/CA/CPA/CFA
A wide Network of Audit and Law firms in India.
Individual and Dedicated professionals on every assignment.
We register 100+ Companies every Month
If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.
“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.”
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.”
“Amazing services provided by your organization. They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.”
“I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.”
“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
Haiden Group - UAE