Corporate Consulting

Bank Accounts

Having an offshore company as the official bank account holder could be of interest in order to get full advantage of the Cayman Islands' tax situation. Opening a foreign account under a private name does not cease tax obligation in your country of origin and failure to declare would clearly mean tax evasion and the risk of exposure would be inevitable. In the Cayman Islands, the offshore company by its nature does not have to pay any taxes, therefore, having the company filed as account holder offers the possibility to honestly state you do not possess an overseas account, whilst maintaining sole control over the account.

Virtual Offices

Cayman Invest offers you the services of a virtual office by offering the opportunity to benefit from all the advantages of possessing a prestigious business address, receiving mail for your business and having it forwarded to you worldwide, having a business phone and fax numbers making it appear you are actually located at the office, re-directed phone calls via Voice over IP solution and fax delivery via e-mail.

Offshore Holdings

The holding company is the preferred option for many businesses that wish to minimise risk, reduce taxation and effectively manage sister companies. There are three types of holding companies:

Asset Management Holding

The asset management holding purchases shares in other companies that are considered to make profitable returns. It trades in shares and has no connection to the companies from which it purchases the shares. This type of holding only has interest in increasing profits on share values.

Management Holding

The management holding is a mixture of an operational holding and an asset management holding. It mainly holds and manages the shares and assets of its own sister companies, but does not conduct business itself. The management holding company is the preferred option for the expanding business that wishes to separate different parts of its business into different sister companies. The holding can provide loans and services to the sister companies and the sister companies can benefit from the existing organisational structure. Furthermore, the bankruptcy of one of the sister companies will not affect the holding. The profit of the sister companies can be transferred as dividends to the holding, which is registered offshore and has no taxation.

Offshore Companies

Offshore companies are the preferred company structure to achieve anonymity and privacy protection, keep all business details confidential and combine all this with limited liability and tax exemption. All companies we offer are fully legal and able to conduct their activities worldwide.

It is today recognized, that although the costs for an offshore incorporation can be higher than registering a company in the US or the UK, the long-term benefits far outweigh this. Offshore companies do not have to pay sales tax nor income tax. Given there is no taxation there are no requirements for accounting or auditing from authorities. This means you can save the costs of a CPA whilst gaining the highest level of privacy protection. Whether your company is dormant or generating millions in profit you will still not be required to forward information.

Offshore Trusts

A trust is an agreement or contract. It is not, as many believe, a special type of company. The main characteristic of trusts, which have their origin in English common law, is that the legal right to handle the trust's assets separate from the right to benefit from them. The settler of a trust (also know as the grantor of donor) transfers land, money or other property to the trustees, who acquire the legal ownership of these assets but are bound by law to manage and supervise them in the best interests of the beneficiaries, who have the beneficial ownership.

Offshore Foundations

The word foundation is generally perceived as a charitable or non-profit making organization. In fact, only a small percentage of all foundations are charitable. Most foundations are set up for the protection of the founders' assets and as a tax benefit.  It is made to manage and protect it's own assets. However, it is a very common and useful structure to have a foundation as owner of an offshore corporation. The profit of the corporation is regularly transferred to the foundation but should a bankruptcy of the corporation occur, it would not affect the foundation at all.

Re-invoicing

Re-invoicing is the establishment of a tax heaven corporation to act as an intermediary between an exporter and his customers. The profits of this intermediary corporation and the exporter allow the accumulation of some or all profits on transactions to be accrued to the offshore corporation. It should be noticed that a similar structure can be utilized by an importer.