Companies
Many of the companies incorporated in the Cayman Islands are investment holding or dealing companies holding quoted or unquoted investments throughout the world. Some act as sales distribution companies invoicing goods from one country to another, either on their own behalf, or as brokers on behalf of others.
Other companies have been incorporated as subsidiaries on behalf of foreign parent companies for specific tasks. Yet others, particularly in relation to the movie, record and publishing industries, are incorporated to exploit copyrights, performing rights or patents. Professionals incorporate companies to provide management and consultancy services in foreign countries. Of substantial importance is the formation and licensing of banks to transact Eurocurrency business without restriction, and the formation of insurance companies to act as captive insurance companies or for the reinsurance of foreign risks.
Some companies are formed to operate offshore mutual funds, pool investor's funds and spread risk. Asset Protection Just about any type of asset can be acquired and held by a Cayman corporation. The following are examples of assets which can be held by Cayman companies:
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Fixed Term Deposits
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Listed Stocks and Securities
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Stock in Private Companies
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Real Estate and Commissions
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Patents, Royalty Agreements and Contract Rights
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Sea Going Vessels and Aircraft
COMPANY REGISTRATION AND MANAGEMENT
International Management Services Ltd is able to arrange the registration of a Cayman company within 48 hours of receiving instructions and the company is able to transact business immediately thereafter. The inclusive registration service provides Memorandum and Articles of Association (Charter and Bylaws), company seal, nameplate, minute book, statutory records and deals with all incorporation formalities. IMS can also provide a full or partial annual management service. Full details of fees and costs for registration and management are contained in our current fee schedules. Fee schedules and application forms for the formation and management of Cayman companies may be obtained by sending an email to companies@ims.ky |