Family Law in the Cayman Islands

company law in the Cayman Islands

 
Preface

Despite international pressures for transparency, the  legitimate privacy of international business users of the Cayman Islands remains protected. Accordingly, there is a limited amount of publicly-available information for Cayman Islands exempted companies which is the type of company most commonly used for investment funds and other international structures.

Furthermore, there is no central register of security interests in respect of Cayman companies.  Although every exempted company must maintain a register of mortgages and charges over its assets, that register is only open for inspection by members (shareholders) and creditors of the company.

 

What information is available

A search of the Cayman Islands Registry of Companies will provide the following information:-

  • company name

  • incorporation number

  • date of incorporation

  • type of company (e.g. exempted or ordinary)

  • name and address of the company’s registered office in the Cayman Islands

  • current status with the Registrar of Companies (i.e. whether active or struck off/dissolved)

Anyone can search for entities registered or licensed with the Cayman Islands Monetary Authority (CIMA) and may assess the regulatory status of those entities.

 

On payment of a small fee, it is also possible to inspect the Cause List and Register of Writs and Other Originating Process at the office of the Clerk of Courts in the Cayman Islands to determine whether a company is or has been a party to proceedings or has been placed into liquidation by the Cayman courts.

Entities licensed or registered with CIMA

privacy of cayman islands exempt companies

What information is not available

Details of the shareholders, directors and officers of exempted companies are not publicly available, nor is it possible for the public to obtain copies of the memorandum and articles of association of a company or copies of any of its shareholder or director resolutions.  Further, it is not possible for a member of the public to conduct a search to verify whether a company is in good standing with the Cayman Registry of Companies.