Did you know about this law re our Special Economic Zones – Cayman Enterprise City?
- a tax-neutral platform
- easy company formation
- reduced customs and trade certificate fees
- fast-tracked business registration and licensing
- competitive employment certificate fees
- Interested companies must first apply to the zone operator (for example, Cayman Enterprise City) for tenancy space. If approval is granted, the company will receive a provisional letter of acceptance into the SEZ from the zone operator.
- The company then submits a copy of its provisional letter of acceptance to the Cayman Islands General Registry, the government department that incorporates companies. The company also should check with General Registry to determine what additional documentation must be submitted for company incorporation.
- Once application requirements are met, General Registry issues official company registration documents to the company or its service provider. The company provides these documents to the zone operator, which then submits certified copies of these documents to the SEZA Secretariat, along with the following completed forms.
- The SEZA Secretariat reviews the application, conducts the required due diligence, and sends the application to SEZA’s licensing committee for approval.
- If approved, a trade certificate is issued to the company, and the zone operator is notified.
Published September 19, 2012
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