An Informative Guide to Company Incorporation in the Cayman Islands

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International Management Services, one of the oldest licensed financial service providers in the Cayman Islands. We are licensed by the Cayman Islands Government to provide independent directors to hedge funds, to act as fund administrator. In addition, we provide ship and yacht registration and management services. For further details visit our website : http://ims.ky/

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Presentation Transcript

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www. ims.ky International Management Services Ltd

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About Us www. ims.ky Having been in business since 1974, we have amassed extensive experience in the establishment of Cayman structures and entities and can assist clients with matters ranging from the simple (such as incorporation of a holding company or establishment of a simple private discretionary trust) to the complex (such as assisting with the formation of a hedge fund, securitization, private trust company, limited partnership, or a charitable or philanthropic trust). Our modern, spacious offices on the waterfront in the heart of George town, Grand Cayman, house or staff and can comfortably accommodate clients and advisors for on-island meetings where necessary.

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www. ims.ky IMS Fund Services IMS Fund Services is a division of IMS, which focuses on the provision of directors and trustees to hedge funds and related entities. We have over 150 years of collective experience and expertise in the fund industry and provide services to some of the largest global fund organizations. Our Fiduciary Team members are professionally qualified and are recruited from household names in the financial services industry. IMS is not only independent of the investment manager, but also independent of the administrator and all other service providers to the funds to which we provide directors or trustees.

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www. ims.ky IMS Fund Services Our model provides inherent capacity constraints limiting the number of director appointments per team member. We take our role as directors and trustees seriously, thus providing exceptional corporate governance of the highest standard. IMS can also provide the following services to fund entities if required: – registered office and company secretary, trustee of management/voting shares, shareholder communications and introductions to approved auditors and attorneys. Licensed to provide independent directors All members of IMS staff that act as fund directors are registered with the Cayman Islands Monetary Authority as ‘Professional Directors’ pursuant to the Directors Registration and Licensing Law of the Cayman Islands.

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Captive Insurance www. ims.ky Captive insurance allows shareholders to self-insure for certain future losses, whilst improving their cash flow and managing the cost of insurance rather than using third party insurance providers.

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Captive Insurance www. ims.ky Reasons for Forming a Captive To minimize costs by the elimination of a large percentage of traditional insurance company overhead. To retain the profits that would otherwise have to be paid to commercial. insurers in the form of premiums in excess of the amounts repaid to cover losses. To have freedom over investment into which the premiums of the captive may be made. To insure risks which would otherwise be uninsurable or cost prohibitive and to design custom policies. Access to the re-insurance market. The reduction of government regulations and restrictions by seeking out a favourable jurisdiction for the registration of the company. The reduction of taxes by domiciling the company in a low tax jurisdiction. cash flow planning as the captive has the use and benefit of the premiums. Timing of premium can be determined to suit the parent's cash flow requirements.

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Cayman Companies www. ims.ky Key Features of Cayman Islands Companies Just about any type of asset can be acquired and held by a Cayman Incorporation. For instance : Fixed Term Deposits Listed Stocks and Securities Stock in Private Companies Real Estate and Commissions Patents, Royalty Agreements and Contract Rights Sea Going Vessels and Aircraft

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Cayman Companies www. ims.ky Typical Corporate Requirements/Features Include Nil corporate taxation Minimum authorised share capital - US$ 50,000 Minimum paid up capital - US$ 1 Minimum number of directors - 1 (Does not have to be local) Annual Filing of Company Return No requirement for annual audits Location of meetings - anywhere

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Contact Us International Management Services Ltd Address : PO Box 61 Harbour Centre, Grand Cayman KY1-1102, Cayman Islands Telephone : +1 (345) 949 4244 Fax No : +1 (345) 949 8635 Email : contactus@ims.ky Website : www.ims.ky

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