Rapid Deploy offshore Servers – Ready in 30 minutes or less

Custom configured load balanced, Private Network and Database cluster configuration available

"From the moment we made contact with High Secured we were overwhelmed with the service and support that was available."

- Cerberus Studio

"We choose our business partners carefully, and High Secured's emphasis on customer service and proactive support proved vital when unveiling our new product. "

- AmigoTechs.com

"Our infrastructure is considerably faster and our customers are happier, and our conversion rate has increased by 32%. "

CloakedSolutions.com

Home
Legal Services
Cayman Islands

Cayman Islands

High Secured is an Offshore Law Firm specializing in providing complete offshore solutions to individuals and business who wish to conduct their business and financial affairs in a private, secure and reliable environment. We provide these services in virtually every “tax free” jurisdiction. We assist our clients in determining what jurisdiction best suits their needs. The Cayman Islands is tax exempt, although they require some record keeping not required in other jurisdictions

TAXATION:

Caymanians and Caymanian companies are not subject to any form of direct taxation in Cayman Islands. The exempt company provides the additional benefit of a tax exemption certificate granted for a period of up to 20 years as a safeguard against the very unlikely event the Islands introduce a system of company taxation.

AUDIT AND FINANCIAL RETURNS:

There is no requirement to file audited accounts for exempt companies; however, the company is required to keep financial records, which should reflect the financial position of a company.

MEETINGS:

An exempt company has to hold one director’s meeting a year in Cayman (but may use proxies). Shareholders meetings may be held outside Cayman, by telephone or other electronic means. Alternatively, directors and shareholders may vote by proxy”.

We find that most clients are better suited using a Panama corporation and / or foundation with an offshore bank account. Please contact one of our legal specialist to review your needs to see what the best fit is for you or you may start your order now with the below packages.

Cayman Islands:

Incorporation / Organization Services	Yes/No	Fees
Incorporation and registration of the referenced exempt company, swearing affidavit, paying stamp duty, arranging for proposed subscribers to sign incorporation documents, providing two certified copies of the Memorandum & Articles of Association (M & A), the Certificate of Incorporation	$1,600.00
Due diligence on company (individuals)	$200.00

Preparing Subscribers Statement, First Directors Minutes, Share Transfer forms, Certificates	$150.00
Appointing First Directors, preparing Proxies	$75.00
Applying for Tax Exemption Status	$75.00
Sworn Affidavit	$15.00
Applying for Company Seal	$45.00
Preparing Organization Registers	$40.00
Total		$2,200.00
Registered Office Services
fee for provision of registered office, acting as local agent, providing and displaying registered office name outside of offices, receiving mail, providing record storage facilities services for the year ending 31 December 2001 (pro-rated max. 6 months).	Yes	$800.00
§ Attending to Statutory Requirements, ongoing due diligence	1st Year	N/A
		$800.00
Government Fees & Disbursements
Government Registration Fee (Authorized Capital $50,000)		$575.00

Stamp Duty		$30.00
Government Filing Fee for Appointing / Resigning Directors		$31.00
Certificate of Tax Exemption		$185.00
Certified Copy of Certificate of Incorporation		$50.00
Production of Company Seal		$50.00
Courier Costs		$60.00
Misc. Expenses		$9.00
		$990.00

TOTAL INCORPORATION & ESTABLISHMENT COSTS, $3990.00

Registered office fees and annual statutory services 2nd Year US$2,656.00

CORPORATE FEATURES

GENERAL
Type of Company	Exempt
Political Stability	Good
Common or Civil Law	Common
Disclosure of Beneficial Owner	No
Migration of Domicile Permitted	No
Tax on Offshore Profits	None
Language of Name	English
CORPORATE REQUIREMENTS
Minimum Number of Shareholders	One
Minimum Number of Directors	One
Bearer Shares Allowed	Yes
Corporate Directors Permitted	Yes
Company Secretary Required	No
Standard Authorized Share Capital	US$ 50,000
LOCAL REQUIREMENTS
Registered Office/Agent	Yes
Company Secretary	No
Local Directors	No
Local Meetings	Yes (by proxy)
Government Register of Directors	No
Government Register of Shareholders	No
ANNUAL REQUIREMENTS
Annual Return	Yes
Submit Accounts	No
RECURRING GOVERNMENT COSTS
Minimum Annual Tax/License Fee	US$ 575
Annual Return Filing Fee	N/A

Panama Corporation

$1875.00

Corporation (IBC), bank account, debit card & Offshore Web Hosting for a year.