Is there a share capital minimum?
Yes, $1
How many people do I need to incorporate a company?
A company may be formed with one member who may also serve as director/officer of the company. The only exception being exempt limited duration companies that are required to have a minimum of two (2) members.
Does incorporating a company protect my personal assets?
If business is conducted in the name of the company, yes it will.
Do you accept Bilingual documents for registration by way of continuation?
Entities that have been incorporated in non-English speaking jurisdictions are required to submit the original documents PLUS the English version translated by a certified translator.
Do you accept Bilingual incorporation documents?
The Registry ONLY accepts incorporation documents in English Language.
I’m trying to request a certificate of good standing for my company online but I don’t see the option. Can you help?
The certificate of good standing option will not be available if the company is currently not in good standing with the Registry. Please contact the Registry cigenreg@gov.ky to determine what needs to be done to bring the company into good standing.
Can the share capital of the company be changed? How?
The share capital can be changed by resolution which should state:
- The current share capital,
- The means by which it is being changed and;
- The resulting share capital.
The resolution is to be sent to ROC through grmanual@gov.ky along with the filing fee.
CAP users to file through the relevant share capital options.
Can the financial year end be changed?
The financial year end can be changed by resolution. The resolution is to be sent to ROC through grmanual@gov.ky along with filing fee.
CAP users to file through optional filing.
Can the nature of business be changed?
The nature of business can be changed by resolution. The Registrar should be notified of such changes:
- Companies without a licensed CSP as registered office: Update in CBP when filing annual returns
- Companies with Licensed CSP as registered office: Update in CAP
I want to start a company that is able to do business in the Cayman Islands and outside of the Cayman Islands. Which company type would I choose?
The Registry does not provide legal/business advice. The type of company that is most appropriate for your business model is best determined through consultation with your Legal Counsel.