How long will it take to incorporate an exempted company in Cayman?

After fulfilling the requirements of The Compliance. An exempted company is incorporated upon filing incorporation documents with the Registrar of Companies. A Certificate of Incorporation will be issued by the Registrar of Companies within 4-6 working days after filing.See more: Cayman Islands company formation Cayman merchant account

What is the advantage of registering in Cayman as opposed to another jurisdiction, for example BVI/Belize/Seychelles

The Cayman Islands has an edge in terms of industry perception.There is a wealth of experience among local professional firms.The maturity of the jurisdiction is such that you are guaranteed find the skill and know-how for most financial business operations.Read more: BVI vs Cayman Cayman Islands financial services

Will the information of the company will be publicized?

The information of Beneficial Owner of the company must be disclosed to The Registrar but it definitely not be published. There is no person can find your confidential information.

Is Cayman Islands a tax free country?

The Cayman Island operate an alternative tax regime. There is no income tax, company or corporation tax, inheritance tax, capital gains or gift tax in the Cayman Islands.

Does such a company need to have local directors or shareholders?

It is not necessary to have local directors and shareholders for setting up a Cayman Islands exempted company. The entity should have at least one director in the companySee more: Nominee director service Cayman Islands company formation

What are the requirements for KYC documents in the Cayman Islands?

For entities, certified copies of charter documents and registers (where applicable) are required. For individuals, identity certification, address proof and a reference letter from a recognized professional are required as following:

A passport or utility bill can be certified by a lawyer, or notarized by Notary Public.
A recent English utility bill issued within the last 3 months or a bank statement are acceptable as address proof. If It's not in English, a certified translation will be required
A reference letter can be issued by a professional (such as a lawyer, a CPA, a banker) The referee must have known the person who is the subject of the reference for at least two (2) years.