What does it cost to form and maintain a Cayman Islands LLC with a local agent in 2020?

by Firm_Salamander. Posted on Sep 14, 2020    0    4


I read on their government website that there is a 800 dollar registration fee and 800 annual filing fee. Then there would be local agent that would need to be paid. Any of you use one you can recommend?


Comments

VIJoe 1

Assuming you have local counsel to do the prep/filing, they will often include acting as local agent as a part of their fee.

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  Firm_Salamander 1

any other cheaper island that you can recommend that offer similar opportunities? That is more than I thought

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  Firm_Salamander 1

just less reporting requirements. Yes it is trivial amount, but if a similar island has it at a lower figure, why not use them. the venture is speculative, might make good money, might not

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Katecounrtney618 1

yes eventually employees etc, but I am not a US resident/citizen. I have a US LLC for real estate and it has more reporting requirements than I prefer