The Cayman Islands:

The Premier Global Tax Neutral Financial Hub

CAYMAN’S COMPETITIVE
QUALIFICATIONS
Benefits of the
Cayman Islands

The Cayman Islands is recognised as a major international financial centre with leadership in a number of areas. As the top international banking centre, the world’s leading domicile for alternative investment funds, the second largest captive insurance centre and a world leader in structured finance, the jurisdiction stands as the only offshore international financial centre to possess such breadth and depth in financial services.

While achieving its commercial success, the Cayman Islands has maintained a high level of integrity. Private and institutional investors are attracted to the Cayman Islands because of its professional infrastructure, business friendly approach, flexibility, an English common law framework, stability, well regulated regime and tax neutrality.

Tax Neutrality

The Cayman Islands does not add an extra layer of taxes on transactions taking place in the jurisdiction. It combats tax evasion with legislation, regulation, and automatic tax information sharing arrangements that uphold the highest international standards for transparency and cross-border cooperation.

Stability

Cayman has a stable and fiscally responsible government. Cayman’s strong legal framework is based on UK Common Law with a specific division of the Cayman Courts focused on financial services cases that has the UK Privy Council as the ultimate court of appeals.

Professional Infrastructure

The Cayman Islands is home to many of the world’s top professionals in the areas of law, accountancy, corporate services and investments expertise. Many of the world’s leading firms in these areas have chosen to set up in the Cayman Islands.

Maintaining Integrity

The Cayman Islands is recognised internationally for its efforts to adhere to international regulatory standards and plays a leadership role in the offshore arena on international regulatory issues. The jurisdiction is well known to have in place a regulatory regime which surpasses many of the world’s top international financial centres in the area of anti-money laundering.

not a tax haven

Cayman is not a tax haven or secrecy jurisdiction

The Cayman Islands does not pose harm for tax evasion, aggressive tax avoidance, unfair base-shifting, or unfair tax competition as it has in place legislation, regulations, and automatic tax information sharing arrangements that uphold the highest international standards for transparency, cross-border cooperation, and economic substance.

The OECD reviewed Cayman’s domestic legal framework that includes economic substance legislation and found that Cayman’s tax neutral regime is not harmful and meets all economic substance requirements.

Tax Neutral jurisdictions like Cayman support a level of transparency that arguably make them better at combatting tax evasion and aggressive tax avoidance than those jurisdictions that rely on the often-opaque system of Double Taxation Treaties. Double Taxation Treaties are by their nature complex and less transparent, and therefore sometimes pose a risk of abuse for tax evasion or aggressive tax avoidance. Cayman’s globally responsible Tax Neutral regime distinguishes it from the many other International Financial Centres (IFCs) which are tax treaty investment hubs that rely on extensive double tax treaty networks.

industry sectors

Professional Sectors
Operating in the Cayman Islands

investment funds

A top jurisdiction for alternative investment funds. 70% of non-US domiciled alternative investment funds managed by US SEC-registered advisors are domiciled in the Cayman Islands.

BANKING

Cayman Islands banks are bound by a strict Know-Your-Customer framework and regulated by the Cayman Islands Monetary Authority in accordance with Basel Core principles for Effective Banking Supervision.

capital markets

A preferred jurisdiction for issuers and borrowers in capital markets as a result of our professional infrastructure, creditor friendly insolvency regime and a robust legal system.

insurance

As an international insurance centre, the Cayman Islands has experienced significant growth since the creation of the industry in the 1970s and is now the second largest domicile for captives and is number one worldwide for healthcare captives.

REINSURANCE

A preferred jurisdiction for new reinsurance business for life, property & casualty, and annuities.

TRUSTS

Cayman continues to invest in new products, growth, and innovations to meet global clients' needs and international regulatory requirements.

cayman islands news

Government and Regulatory News

The Cayman Islands

The Premier Global Tax Neutral Financial Hub

CAYMAN’S COMPETITIVE
QUALIFICATIONS
Benefits of the
Cayman Islands

The Cayman Islands is recognised as a major international financial centre with leadership in a number of areas. As the top international banking centre, the world’s leading domicile for alternative investment funds, the second largest captive insurance centre and a world leader in structured finance, the jurisdiction stands as the only offshore international financial centre to possess such breadth and depth in financial services.

While achieving its commercial success, the Cayman Islands has maintained a high level of integrity. Private and institutional investors are attracted to the Cayman Islands because of its professional infrastructure, business friendly approach, flexibility, an English common law framework, stability, well regulated regime and tax neutrality.

Tax Neutrality

The jurisdiction has no direct personal, corporate or property taxes.Can we get 3 more sentences here for balance? If it is possible.

Stability

The Cayman Islands has maintained a very stable economic and political climate throughout its history. 

Professional Infrastructure

The Cayman Islands is home to many of the world’s top professionals in the areas of law, accountancy, corporate services and investments expertise. Many of the world’s leading firms in these areas have chosen to set up in the Cayman Islands.

Maintaining Integrity

The Cayman Islands is recognised internationally for its efforts to adhere to international regulatory standards and plays a leadership role in the offshore arena on international regulatory issues. The jurisdiction is well known to have in place a regulatory regime which surpasses many of the world’s top international financial centres in the area of anti-money laundering.

not a tax haven

Cayman is not a tax haven or secrecy jurisdiction

The Cayman Islands does not pose harm for tax evasion, aggressive tax avoidance, unfair base-shifting, or unfair tax competition as it has in place legislation, regulations, and automatic tax information sharing arrangements that uphold the highest international standards for transparency, cross-border cooperation, and economic substance.

The OECD reviewed Cayman’s domestic legal framework that includes economic substance legislation and found that Cayman’s tax neutral regime is not harmful and meets all economic substance requirements.

Tax Neutral jurisdictions like Cayman support a level of transparency that arguably make them better at combatting tax evasion and aggressive tax avoidance than those jurisdictions that rely on the often-opaque system of Double Taxation Treaties. Double Taxation Treaties are by their nature complex and less transparent, and therefore sometimes pose a risk of abuse for tax evasion or aggressive tax avoidance. 

Cayman’s globally responsible Tax Neutral regime distinguishes it from the many other International Financial Centres (IFCs) which are tax treaty investment hubs that rely on extensive double tax treaty networks.

FINANCIAL INDUSTRY sectors 

Strong and Diverse Throughout The Economy

A top jurisdiction for alternative investment funds. 70% of non-US domiciled alternative investment funds managed by US SEC-registered advisors are domiciled in the Cayman Islands.

Cayman Islands banks are bound by a strict Know-Your-Customer framework and regulated by the Cayman Islands Monetary Authority in accordance with Basel Core principles for Effective Banking Supervision.

A preferred jurisdiction for issuers and borrowers in capital markets as a result of our professional infrastructure, creditor friendly insolvency regime and a robust legal system.

As an international insurance centre, the Cayman Islands has experienced significant growth since the creation of the industry in the 1970s and is now the second largest domicile for captives and is number one worldwide for healthcare captives.

 

A preferred jurisdiction for new reinsurance business for life, property & casualty, and annuities.

Cayman continues to invest in new products, growth, and innovations to meet global clients’ needs and international regulatory requirements.

cayman islands news

Government and Regulatory News

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