Cayman

Name of Regulatory Body Cayman Islands Monetary Authority (CIMA)
Average set- up time per
structure

Registered Funds – Same day registration. Set-up time from establishment to registration is approximately 4-6 weeks depending on complexity and service provider requirements.
Administered Funds – Same day registration. Set-up time from establishment to registration is approximately 4-6
weeks depending on complexity and service provider requirements.
Licensed Funds – Registration is subject to CIMA approval, which generally takes between 4- 6 weeks. Set-up time
from establishment to registration is approximately 8-12 weeks.

 

Regulatory Fees

 

Listing Agents Fees


Legal Fees

Annual Registration fees: Effective July 31, 2013 US $4,268 (plus, in respect of a regulated mutual fund which is a
segregated portfolio company, US $305 per segregated portfolio, save that no fee is payable by such mutual fund
in respect of its segregated portfolios in excess of twenty five).


A fee of US $20,000 per year is payable for registration as a listing agent, upon application and renewal.


Varies with Fund complexity.

Available Fund/ Legal
structures

Any company, trust or partnership incorporated or established in the Cayman Islands, including:                                          
Exempted Company (registered as a Segregated Portfolio Company (SPC) or a Limited Duration Company (LDC)),
Exempted Limited Partnership,
Unit Trust.

Marketing Restrictions A fund that is a Cayman Islands exempted company and is not listed on the Cayman Islands Stock Exchange is
prohibited from making any invitation to the public in the Cayman Islands to subscribe for any of its securities.