Company Formation · Caribbean & offshore
Cayman Islands
We form exempted companies in the Cayman Islands. This is a fund and holding jurisdiction. Payment gateways such as Stripe and PayPal are not available on a Cayman company.
- Entity
- Exempted company
- Visit
- No visit required to incorporate
- Timeframe
- Typically 1–5 days
- Typical cost
- Fund-jurisdiction fees are higher
Country overview
About Cayman Islands
The Cayman Islands are a British overseas territory in the western Caribbean. George Town, on Grand Cayman, is the capital. About 80,000 people live here. English is the official language. The Cayman Islands dollar (KYD) is pegged to the United States dollar, and the dollar is used widely.
Cayman is a leading fund and holding jurisdiction, with a deep professional-services bar in George Town. An exempted company is the ordinary vehicle for funds, investment holding and similar structures. Substance and counsel standards are those of a specialised financial centre. We form the legal entity where a Cayman vehicle is required.
Brikseka forms Cayman exempted companies. Incorporation is remote, typically one to five days, through a registered office provider. No visit is required to incorporate. Fund-jurisdiction fees are higher than a simple trading company elsewhere.
We then advise on banking. Stripe and PayPal are not available as merchant accounts on a Cayman company. Cayman banks are typically used for fund and holding structures with counsel, not as a first business current account for online commerce. Approvals are decided by the providers. If your aim is to live in the Cayman Islands, company formation is not a residence permit — that is a separate immigration file, which we also advise on.
Company formation
We form an exempted company remotely through a registered office in George Town. Typical registry time is one to five days.
Fund and holding
A British overseas territory used for funds and holding. The Cayman dollar is pegged to the US dollar; the dollar is used widely.
Banking
Stripe and PayPal are not available on a Cayman company. Local banks are typically for fund and holding files with counsel.
Tax setting
The Cayman Islands do not impose corporate income tax. Economic-substance rules apply to relevant activities. We confirm the live position before you proceed.
How we work
From briefing to a registered company
Briefing
We review your business, the right entity for this country, costs, and whether a visit is likely.
Company formation
Local counsel, notary where required, and the commercial register. We coordinate the documents through to a registered company.
Banking and payments
After the company exists, we prepare applications for a business account and payment gateways.
After incorporation
Statutory records, a named contact, and introductions to accounting so the company can operate.
After the company exists
Payment gateways
- Stripe is not available as a merchant account for this entity
- Payoneer receiving account, subject to Payoneer’s approval
- Merchant of record: Paddle, Lemon Squeezy, Polar
Operating stack
Business banking
- Cayman banks are for fund structures with counsel, not a starter merchant account
Provider lists are indicative. We confirm current availability, government fees, and account-opening requirements during consultation.
Business Tools covers payment gateways, business accounts, email, websites, and related tools after the company exists.
Consultation
Start a confidential conversation
Tell us what you are building or where you need to move. We respond within one business day.