The Cayman Islands is the jurisdiction of choice for top investors worldwide and there are very good reasons why.
To be successful in the competitive global financial industry requires political and economic stability, tax neutrality, a responsive legal system, stable banking environment, a sound regulatory regime, absence of exchange controls and highly sophisticated service providers. In addition to these factors Cayman’s status as an overseas territory of the United Kingdom and its international cooperation regimes in the areas of tax information exchange, regulation and law enforcement, provide the necessary level of confidence that Cayman has a sophisticated and hospitable financial environment. That confidence is built on Cayman’s status as a transparent, cooperative jurisdiction that already meets or exceeds the full range of globally-accepted standards for transparency and cross-border cooperation with law enforcement and tax authorities. Cayman became an early adopter of automatic data exchange, signing onto agreements such as the EU Savings Directive, OECD’s Common Reporting Standard, US FATCA, and country-by-country reporting principles under BEPS. The OECD’s Global Forum in 2017 assessed our jurisdiction to be “largely compliant” with the international standard for transparency and exchange of information, the same rating given to Germany, Canada and Australia.
This commitment to the highest standard is why Cayman continues to attract high calibre service providers such as lawyers, accountants and administrators, making the jurisdiction attractive to foreign investors. Cayman’s professional infrastructure, business friendly approach, flexibility, an English common law framework, stability, well-regulated regime and tax neutrality all play a role in attracting private and institutional investors to the island. The wealth of international expertise available in Cayman is one of the key factors making Cayman a jurisdiction of choice. Clients have access to a wide array of services, including trusts, family office, structured finance, insurance, banking, reinsurance, company and asset management, vessel and aircraft registration, and stock exchange listings.