Incorporation costs in Year 1 amount to US$5,500 and annual company costs in Year 2 and thereafter amount to US$550. The average fee per Cayman Islands engagement amounts to US$12,512, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.
|Exempted company||Excluded person financial company||Limited partnership||Non-resident company|
|Average Engagement costs||US$12,512||US$16,952||US$13,170||US$10,682|
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The average Cayman Islands engagement period is 9 weeks as outlined below: