We are a proud member, of the:
- Association of Accredited Small Business Consultants
- A+ rated Member with the BBB of Arkansas
How To Set Up A Company In Cayman Islands
We serve Northwest Arkansas, the entire state of Arkansas, and neighboring states, with consulting clients nationwide. Our flexible approach allows us to work with clients through in-person meetings, phone calls, webinars, emails, texts, and messaging.
Reserve your company name
To form a company in the Cayman Islands, you must first reserve a name that is available for registration and meets requirements for appropriateness and uniqueness.
You’ll need to fill out a name reservation form and pay the required fee. Once the name has been reserved, you can proceed with the company registration process.
Prepare required document
There are a few documents required for the incorporation of your company, including
- A Memorandum of Association that details your company’s reserved name, registered office, share capital, and so on;
- Articles of Association that outlines your company’s purposes and internal conduct;
- Identity documents and residency proof of company directors, shareholders, and other key personnel.
Submit application and pay incorporation fees
You must submit the necessary documents and pay the registration fee to the Cayman Islands Registrar of Companies, either online or in person.
Once your application is approved, you will be given a certificate of incorporation, which will serve as proof that your company is officially registered.
Open a business bank account
Make sure you set up a separate bank account for your company to keep track of its financial situation.
You can open a bank account in various locations, including offshore jurisdictions, major financial hubs, or by opting for Fintech solutions.
Banking In the Cayman Islands
Cayman is a British-dependent overseas territory located in the Caribbean. The Cayman Islands Monetary Authority (CIMA) regulates and supervises the country’s financial services industry to which the banking sector makes a major contribution. The bank and trust company laws are the main legislative documents governing banking activities. All banks operate under strong anti-money laundering and combating financing of terrorism and have to comply with tax information exchange agreements signed with many countries.
CIMA adopts the Basel II framework which requires banks to maintain strong capital adequacy. Cayman Islands banking laws classify the banking sector into 2 tiers. Class “A” unrestricted banks are allowed to conduct banking business both inside and outside of Cayman. Class” B” licenses don’t allow banks to provide services within Cayman. As of 2023, there are 94 licensed banks in total, including 11 class “A”, and 83 class “B” banks. Most of these are branches and subsidiaries of large international banks from North, South America and Europe.
Required Documents:
- Application forms
- Bank statements
- Bank reference letter
- Certified copies of passports, proofs of residence of all directors/shareholders
- Business plan
- Company business evidence (sales/purchase orders, invoices, etc.)
- Certified copies of your Cayman company incorporation documents
- Government certification of company good standing status
Additional supportive documents beyond the listed above might be requested to open your Cayman company bank account depending on each local regulation, your business fields, and on a case-by-case basis.
Please get in touch with us to know the exact essential documents for your case.
Efficiency Engineered for Growth
We streamline operations to help your business run smarter, faster, and leaner. From process optimization to resource planning, our approach focuses on reducing waste, improving productivity, and enabling scalable growth. Whether you’re refining day-to-day workflows or rethinking your entire operational model, we deliver solutions that create measurable impact.
- Process optimization
- Cost reduction & efficiency
- KPI tracking & insights
Cayman Islands Exempted Company
Exempt from corporate taxation
Minimal company maintenance requirements
No minimum paid-up capital
Thriving banking and financial system
No public record of company members' identities
No exchange control on cross-border transactions
Call Us Today to Schedule a Free Consultation
The following proofs are required for all company members including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons.
Note: Please ensure the certified true copy (scanned version) of your identity and address proof contains sufficient details and exact wording as the sample →
Proof of Identity
Proof of Address
To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.
Company Documents
Company Members
Expertise
Our team consists of experienced marketing professionals with a proven track record across various industries. With deep expertise in the latest marketing trends, best practices, and social platform technologies, we provide valuable insights and strategic recommendations to help businesses thrive.
Comprehensive Solutions
We Analyze, Strategize, and Drive Results. No matter the challenge—big or small—we deliver solutions for lasting growth.
Frequently Asked Questions
If you have any questions, feel free to contact us or schedule a free consultation with our team of experts.
What is the process for an individual tax return?
You can request a quote or just reach out directly to [email protected] or call/whatsapp +971 54 764 4700. After we have an initial discussion:
- We price quote based on the info provided in the discussion.
- We guide you with any questions or notes along the way.
- We share it with you for your review and answer.
- After the review - you ESign, then we Efile.
- You receive a final copy for your records.
How does Upside Tax ensure the accuracy of my taxes?
You can request a quote or just reach out directly to [email protected] or call 1-800-356-8933. After we have an initial discussion:
- We price quote based on the info provided in the discussion.
- We guide you with any questions or notes along the way.
- We share it with you for your review and answer.
- After the review - you ESign, then we Efile.
- You receive a final copy for your records.
How does Upside Tax ensure the accuracy of my taxes?
You can request a quote or just reach out directly to [email protected] or call 1-800-356-8933. After we have an initial discussion:
- We price quote based on the info provided in the discussion.
- We guide you with any questions or notes along the way.
- We share it with you for your review and answer.
- After the review - you ESign, then we Efile.
- You receive a final copy for your records.
How does Upside Tax ensure the accuracy of my taxes?
You can request a quote or just reach out directly to [email protected] or call 1-800-356-8933. After we have an initial discussion:
- We price quote based on the info provided in the discussion.
- We guide you with any questions or notes along the way.
- We share it with you for your review and answer.
- After the review - you ESign, then we Efile.
- You receive a final copy for your records.
How does Upside Tax ensure the accuracy of my taxes?
You can request a quote or just reach out directly to [email protected] or call 1-800-356-8933. After we have an initial discussion:
- We price quote based on the info provided in the discussion.
- We guide you with any questions or notes along the way.
- We share it with you for your review and answer.
- After the review - you ESign, then we Efile.
- You receive a final copy for your records.