inheritance, gift, withholding, corporate or capital gains taxes) and no forms of exchange control. In addition, it is possible, but not obligatory, for exempted companies, limited liability companies, limited partnerships and trusts to order a tax exemption certificate, which provides comfort ...
There are, however, certain limitations in this regard; in particular, beneficiaries of a trust may be entitled to financial and other information relating to the trust[5]. Furthermore, as part of the global initiative to improve tax compliance, Cayman is party to a handful of international ag...
They can apply for a tax exemption certificate with an initial term of 20 or 30 years. The corporate structure is simple and can consist of just one shareholder and one director. Shareholder information is not accessible to the public.
The Cayman Islands offer a Tax Exemption Certificate (TEC), though there currently are no taxes, this gives clients a guarantee that their company will not be taxed in the future in case there are changes to the existing company tax law. The tax exemption certificate can be obtained for up ...
*An exempted company may obtain an Tax Exemption Certificate from the Cayman Islands Government, that if direct taxation were ever to be introduced in the Cayman Islands, the company would be exempt for a period of 20 years. This Tax Exemption Certificate is sort of like an insurance, that ...
Tetra Consultants will assist you to secure the Tax Exemption Certification from the Cayman Islands Authority. This certificate serves as an insurance to guarantee companies that they will be protected from tax for 20 years. This is the main reason why Tetra Consultants will recommend you opt for...
Common Law. Companies are of two categories: Exempted Company and Non-Resident Company. Exempted Company is a more popular form of registration, the name of which need not end with "Limited", and it can apply for a 20-year term tax exemption certificate to further increase its tax ...
A royal decree in 1798 freed exempted companies from tax indefinitely, and this decree remains in force. Exempted companies may apply for a 20-year tax exemption certificate, further enhancing their tax exempt status. In November 2001, a new agreement with the United States (US) for the ...
No local corporate, income, sales capital gains or payroll tax 100% exemption from import dutiesFast, efficient, and cost-effective set up within 4-6 weeks 5 Year renewable work permits/residency visas granted within 5 days 5 year residency for employees and their dependents A safe, stable Bri...
Investment funds may be configured in different arrangements, with the appropriate structure generally driven by the tax treatment and geographical location of the prospective investors and the fund’s portfolio; the location of the manager; the asset classes and diversification of the portfolio; and ...