Incorporation costs in Year 1 amount to US$5,500 and annual company costs in Year 2 and thereafter amount to US$750. The average fee per Cayman Islands engagement amounts to US$12,612, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.
|Different Cayman Islands entity types||Cost||Draft invoice|
|Excluded person financial company||US$17,052|
Other fee considerations
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The average Cayman Islands engagement period is 9 weeks as outlined below: