Cayman Enterprise City(“CEC”) is a technology-focused Special Economic Zone located in the Cayman Islands, where over 180 companies from start-ups to mid-sized enterprises have established a physical presence with staffed offices and are thriving in this rapidly growing entrepreneurial innovative hub. For companies that do business internationally, CEC could be the ideal base in which to establish your international operations.
Companies can easily and cost-effectively establish a physical presence in CEC and enjoy Cayman’s tax-neutral benefits along with a series of globally competitive concessions granted by the Cayman Islands Government. Operating your international business from a tax-neutral platform can make your company more profitable and competitive in the global arena can give access to cheaper capital and increase shareholder value.
Concessions and reasons to establish in CEC
• 100% exempt from corporate tax • 100% exempt from capital gains tax • 100% exempt from sales tax • 100% exempt from income tax • 100% exempt from import duties • Five year work/residency visas granted for staff within 5 days • No H1-b visa issues • 3-4 week fast-track set-up of operations • Intellectual Property owned offshore • Part of an innovative tech cluster with immense cross-marketing opportunities • 2 Tier-3 data centres and offshore payment gateway • World-Class business & IT Infrastructure
the ideal business jurisdiction - sophisticated, politically and economically stable
and strategically located only 1 hour from Miami and 3 ½ from
New York City. It is a safe English speaking British Overseas Territory with a robust
legal system based on English common law. It has a very pro-business
Government, is the 6th largest global financial centre and the number one hedge
fund jurisdiction in the world. The Cayman Islands is OECD whitelisted, meets
the highest anti-money laundering compliance requirements and offers a
pro-business regulatory environment (for further details please visit www.caymanfinance.
gov.ky). You can bring your staff from anywhere in the world, however Cayman
also has a very talented and motivated workforce.
Set Up Process Setting up in the zone is a fast and efficient process and the Special Economic Zone Authority (SEZA) expedites applications within five working days. Our experienced Client Services team is here to seamlessly guide you through the business licensing, immigration and corporate relocation process.
CEC provides turn-key solutions which include:
• A Trade Certificate (the license to do business within the zone and your entitlement to the concessions) • The Zone Employment Certificates (the five year work/residency visas) for your staff • Office and data centre facilities plus complete tailor-made services to meet the individual needs of your business. Whether you are a start-up wanting space in a cost-effective co-working environment, a small business requiring fully serviced private offices or a larger enterprise needing fully customized space to meet your specific needs, CEC has a solution for you.