Establishing a presence in the Cayman Islands will allow you to grow your business, protect your intellectual property, and enjoy the benefits of a tax neutral and pro-business environment.
There are two options when considering moving part of or your entire business to Cayman. Businesses in certain sectors can avail of the benefits of the Special Economic Zone, a government backed initiative designed to boost investment and diversify the economy. Cayman Enterprise City, the only Special Economic Zone in Cayman, has attracted hundreds of companies since it was established in 2012 which has benefited the economy by an estimated US$800 million.
Joining Cayman Enterprise City grants access to their new purpose built sustainable office working space and creative hub located just five minutes from the airport. Clients will enjoy the expedited work permit process, exemptions on certain taxes such as duty as well as exemptions from aspects of immigration law.
For more information please see our dedicated page on the Special Economic Zone.
For those wishing to relocate with fewer restrictions but without all of the benefits associated with the Special Economic Zone, there are options. Going it alone is possible however specialist service providers are emerging to support this growing trend. TechCayman supports tech and IP clients as they relocate their businesses to the Cayman Islands to take advantage of the business-friendly environment, US time zone, favourable tax environment and beautiful surroundings. TechCayman works with local service providers to get businesses incorporated and licenced as exempted companies and offers clients fast track work permits for employees as well as exclusive provision for dependents. TechCayman offers offer a white glove relocation service and joining the portfolio gives clients ongoing access to their exclusive capital and strategic networks.