Fees and timelines in 2022

Fees

payment by instalmentIncorporation 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$19,432, 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
Exempted company US$19,432 View invoice PDF
Exempted company with bitcoin bank account US$17,812 View invoice PDF
LLC US$14,812 View invoice PDF
Excluded person financial company US$31,472 View invoice PDF
Limited partnership US$13,270 View invoice PDF
Non-resident company US$12,782 View invoice PDF
Foundation company US$21,443 View invoice PDF
Licensed fund US$48,120 View invoice PDF
Cayman Islands Securities Investment Business US$45,865 View invoice PDF
Exempted company with Class B insurance license US$51,378 View invoice PDF

Click here to create your own Cayman Islands invoice

Timelines

The average Cayman Islands engagement period is 9 weeks as outlined below:

cayman islands business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Cayman Islands, please contact our in-house country expert, Ms. Jaya Thevathasan, directly:
Consultant at HC - jaya
  • Ms. Jaya Thevathasan
  • Receptionist & Admin Assistant
  • Contact me!
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