Advantages of company incorporation in the Cayman Islands:

• Advanced legislation is consistently upgraded according to the contemporary financial business demands.
• High confidentiality standards.
• There is no minimum or maximum share capital requirement and the capital can be denominated in any currency.
• Companies may be set up with just one shareholder who may be a natural person or a corporation and a resident of any country.
• Nominee services are available (director and shareholder).
• An advanced banking infrastructure with the local banking sector ranking fifth in the world.
• The representative of the company does not need to be personally present to open a bank account.
• There are no exchange controls.
• Bearer shares and shares with no par value are permitted.
• All company administration procedures are straightforward with no extensive staff requirements.
• Cayman Islands incorporated offshore companies are tax exempt: there is no taxation of any income, profit, dividends, royalty, investment or capital gains.
• There is no requirement for financial statements and audited accounts.
• Annual meetings of directors and shareholders are not mandatory.
• There is an advanced infrastructure with high standards of professional services: banking, accounting and legal.
• The Cayman Islands have advanced telecommunications and a highly organised transportation system.
• The jurisdiction enjoys economic and political stability.