British Cayman Islands company registration
Advantages
Many people know about process analysis,Currently, many Chinese companies listed in the United States are registered in the Cayman Islands.,Let’s first take a look at which Chinese companies are registered in the Cayman Islands。When it comes to the Cayman Islands, many people are probably familiar with it.,It's called a tax haven,Not only are there a large number of Chinese companies registered here,,And there are many famous companies registered here in other countries around the world.。
The Chinese companies currently registered in the Cayman Islands are as follows: Alibaba,Tencent,100 yen,NetEase,Millet,Jingdong,Evergrande,China Unicom,Lenovo,Basketball,A worry-free future,giant network,Strange waves,Huiyuan,Mengniu,Focus Media etc.,Most companies listed in the United States and Hong Kong,The place of registration is the Cayman Islands。So why do so many companies choose the Cayman Islands as their place of registration?
I have seen so many famous Chinese companies registering their places in the Cayman Islands.,It is estimated that many netizens will not be happy,Many netizens will have questions,Why do good Chinese companies place their registration places in the Cayman Islands??Is this intentional tax avoidance??In fact, the problem is not as simple as everyone thinks,There are many reasons why many companies place their registration place in the Cayman Islands.。
Cayman, together with Bermuda and the British Virgin Islands, is known as the world's three largest offshore company registration places.,These three places have the largest number of offshore company registrations in the world,The reason why many companies place their registration places in the Cayman Islands,There are mainly the following reasons 1、Convenient to market。
This is one of the main reasons why many companies consider registering in the Cayman Islands.,In particular, Chinese companies are all well-known for listing in the country.,The threshold is very high,Moreover, the review time is relatively long. Many technology companies and Internet companies cannot meet the domestic listing threshold.
Require
The net profit in the current three fiscal years has been positive and the cumulative amount has exceeded RMB 30 million.,This condition is enough to make many companies retreat because many Internet companies are losing money when they start up.,For example, JD.com。
At this time, many companies are considering listing in the United States because the threshold for listing in the United States is much lower than in China.。However, as a Chinese company that wants to list in the United States, there are many restrictions.。This is because the domestic regulatory authorities have strict regulations on the direct overseas listing of Chinese-funded enterprises and the use of funds raised from their listings.
Require
very strict,It is not easy for mainland companies to list overseas。
Therefore, many companies can only choose to go public on a curve.,Just register it overseas,Then set up a subsidiary in Hong Kong or elsewhere to control domestic companies.。Acquired by overseas companies、Obtain control of domestic assets through equity swap and other methods,Then the overseas company is listed on an overseas exchange,The essence is that after the shareholders of domestic companies go public through such a wave of operations,,Chinese companies can submit overseas listing plans in the name of Cayman Islands companies。
In this way, some cumbersome approval procedures of domestic regulatory authorities can be bypassed.,Thereby improving the efficiency of listing and the reason why many Chinese companies place their registration places in the Cayman Islands,Because companies registered in the Cayman Islands are highly recognized internationally,Can be in Hong Kong,USA,Listed on major exchanges such as Singapore。
2、
cost
Low,The threshold is low. In fact, Chinese companies have many choices when registering a company abroad.,For example, it can be placed in Hong Kong or Singapore or other places,But in the end, the reason why these companies placed their registration places in the Cayman Islands,Because the Cayman Islands itself has a large
Advantages
,For example, the following conditions are required for registering a company in the Cayman Islands:
Require
,The threshold is very low。(1)Anyone over 18 years old of any nationality can register。
(2)Registered capital only requires US$5,000,And no capital verification is required。(3)General registration of Cayman exempted companies,As long as the company's business operations are not local,You don’t have to pay local taxes。(4)Shareholder information in the Cayman Islands is extremely confidential,No domestic institution or individual can obtain it。
(5)Cayman Islands No shareholders’ meeting required to be held in Cayman(6)Cayman companies only need one shareholder、a director,And shareholders and directors can be the same person(7)Free choice of company name in Cayman,like international、group、federal、University、Can be used in all research institutes。(8)except bank、Insurance、Application for registration for military and other purposes,No restrictions on registration of other companies。(9)You can enjoy the treatment of foreign investment in the country,And after successful registration, you can directly invest。
3、Legal tax avoidance, tax reduction, and legal tax avoidance are one of the important reasons why many companies place their registration places in the Cayman Islands.,Because the Cayman Islands has legal provisions that provide for tax exemptions,As long as the company's business operations are not local,You don’t have to pay local taxes,Therefore, many companies currently use this tax policy to achieve tax avoidance. Currently, some European and American companies,Such as Coca-Cola、Intel、Major companies such as Oracle have subsidiaries in the Cayman Islands,and then through a complex series of financial paths,Transferring profits to a Cayman Islands-registered subsidiary,To avoid high U.S. income taxes。
Of course, it is not that easy to achieve tax avoidance by registering a company in the Cayman Islands.,Especially for many Chinese technology companies,Registering a company in the Cayman Islands does not play a role in tax avoidance at all.。
Because the actual places of business of these companies are in China,All the taxes that need to be paid are paid by China.,Before enjoying the Cayman Islands’ corporate income tax exemption,The company’s income has already been levied corporate income tax by the Chinese tax authorities4、Conditions for Cayman company registration 1、Company Name:Three registered company names are proposed for selection.,The agent will verify your name for you。The company name is not special
Require
,Must have English name。bank、Insurance、Words such as fund should be avoided。
2、ID card of shareholder and director:Must be over 18 years old3、Proof of address:Water, electricity and gas bills for the past 3 months,The list reflects the residential addresses of shareholders and directors 4、Other registration conditions:Generally provided to you。5、Registered capital:No registered capital limit,Minimum USD 50,000,$1 per share,Issuable for 50,000 shares。
5、Overall process of Cayman company registration 1、The customer provides 1-3 company names for name checking;2、The company signs an entrustment agreement;3、Our company produces documents,Provide related secretarial services,Submit documents to government 4、20-25The company completed the production in 5 working days、Send scanned copies of registration documents to customers。6、Express registration documents to customers,Or customers can pick it up by themselves;
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