CAYMAN ENTERPRISE CITY

Priestleys and PA Corporate Services Limited are preferred service providers of CEC and have a wealth of experience advising clients in connection with establishing their businesses in the only special economic zone in the tax-neutral Cayman Islands.

 

The Zone enables start-ups, mid-sized enterprises and global brands to easily and cost-effectively establish a genuine physical presence offshore in Cayman, complete with fully staffed and equipped offices in one of the Zone’s 5 business parks:

 

• Cayman Internet Park · Cayman Media Park
• Cayman Commodities & Derivatives Park
• Cayman Science & Technology Park
• Cayman Maritime Services Park

 

The Cayman Islands have a pro-business Government and the jurisdiction meets the highest anti-money laundering and compliance standards. There is a first-world business and IT infrastructure and companies establishing in the Zone can benefit from a set of globally competitive concessions granted by the Cayman Islands Government. Priestley’s has in-depth knowledge of the Special Economic Zones Law (2011), works closely with CEC and can advise clients seeking to establish their business within the Zone.

 

Benefits of Zone include:

• No corporate, income, sales or capital gains tax
• Renewable 5-year work visas granted in 5 working days
• Fast-track set up of operations within 3-4 weeks
• Intellectual Property protected offshore
• An appropriately regulated environment
• No Government reporting or filing requirements
• Part of tech community hub with massive cross-marketing opportunities
• Easy access to the lucrative North and Latin America markets
• Cutting-edge IT infrastructure

Key Contact
DANIEL PRIESTLEY - MANAGING PARTNER


WE KNOW AND UNDERSTAND

There are many offshore law firms. They all know the law. Then there are the rare law firms who not only know the law, they understand people and their business needs. Priestleys knows the law. We also understand. We believe this is what sets us apart as a best-in-class Cayman legal and fiduciary services provider.

PRIESTLEYS NEWS & INSIGHTS

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