Fees and timelines in 2023


payment by instalmentIncorporation costs in Year 1 amount to US$5,500 and annual company costs in Year 2 and thereafter amount to US$1,870. The average fee per Cayman Islands engagement amounts to US$17,522, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.

Different Cayman Islands entity typesCostDraft invoice
Exempted companyUS$17,522View invoice PDF
Exempted company with bitcoin bank accountUS$22,722View invoice PDF
LLCUS$14,812View invoice PDF
Excluded person financial companyUS$31,472View invoice PDF
Limited partnershipUS$13,270View invoice PDF
Non-resident companyUS$16,272View invoice PDF
Foundation companyUS$18,992View invoice PDF
Licensed fundUS$48,120View invoice PDF
Cayman Islands Securities Investment BusinessUS$45,865View invoice PDF
Exempted company with Class B insurance licenseUS$51,378View invoice PDF
Cayman Islands annual renewalUS$10,118View invoice PDF

Click here to create your own Cayman Islands invoice


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
  • Client Relationship Officer
  • Contact me!
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