cayman islands

Cayman Islands companies are registered by the Registrar of Companies in accordance with applicable companies law; Such as engaging in funds, securities, banks, Insurance or other regulated financial activities, Cayman Monetary Authority licensing and related declarations may also be involved. Cayman companies commonly used in funds, holding, Joint ventures and cross-border investment structures, However, whether it is applicable should be based on the tax residence of the shareholder., business purpose, Capital arrangements and listing rules judgment. Hong Kong Huitong can assist in company registration, KYC, Registered agent and ongoing maintenance, And cooperate with the bank to prepare due diligence materials; tax treatment, Bank account opening and business licenses are independently confirmed by relevant authorities or institutions.

The Cayman Islands is known as the “Paradise for Private Equity Funds”, Its legal system is based on English common law, since 2020 After the Private Equity Law came into effect in 2016, Cayman’s closed-end private equity funds have officially moved from being unregulated to an era of all-round supervision of “registration + continuous compliance”. Cayman implements zero tax policy, and protected by the "Confidential Relationships Maintenance Act", Enjoy a high degree of privacy. Hong Kong Huitong provides you with Cayman exempted limited partnership (ELP) or separate portfolio company (SPC) establishment, One-stop compliance services to CIMA statutory audit declaration and AML system implementation.

The Cayman Islands is the largest jurisdiction in the world for regulated alternative funds of all types, Open-end funds established 11,000 branch, Total assets exceed 2 trillion dollars. SPC is a corporate structure under the Companies Act, Not a separate license type; Whether each separate investment portfolio or sub-fund is required to register with the Cayman Monetary Authority (CIMA), depending on whether it is an open-ended or closed-ended arrangement and the applicable Mutual Funds Act or Private Equity Funds Act. Hong Kong Huitong provides you with SPC umbrella fund structure construction, ELP Limited Partnership Establishment, to respond to the Economic Substance Act, One-stop offshore statutory compliance advisory services for anti-money laundering and automatic exchange of CRS information.

Cayman Islands Virtual Asset Service Providers (VASPs) are regulated by the Cayman Islands Monetary Authority (CIMA). Authorize licensed or registered entities to legally conduct virtual asset custody (Custody), Trading platform (VATP) operation, Basic brokerage and transfer services. This license is subject to a hierarchical regulatory mechanism in accordance with business risks., Establish an internationally recognized local substantive operation (Substance) and capital compliance structure. Hong Kong Express provides applying entities with coverage of Cayman corporate establishment, Executive fitness (Fit & Proper) match, Compilation of compliance and risk control manuals and full case legal agency services for CIMA regulatory inquiry (RFI) defense.