The Cayman Islands consists of 3 main islands that form its entirety and are under the sovereignty of the United Kingdom. The islands are popular tourist destinations, naturally allowing its tourism sector to become one of the country’s main contributors of its economy. However, being a popular tourist destination is not enough to define the...
The characteristics of the Cayman Islands tax haven have attracted investors to register company in Cayman Islands. If you are one of them, you might wonder what is the best business to start in Cayman Islands 2022. In this article, our team at Tetra Consultants has highlighted 7 best business to start in Cayman Islands...
The Cayman Islands is a British-Owned territory that consists of 3 main islands that form its entirety and are popular for its tourism spots. It should come as no surprise that one of the country’s largest contributors to GDP stems from the tourism sector. Apart from its tourism sector, the country has actually managed to...
Tax haven jurisdiction might seem like an ideal place for you to start your businesses because of the exemption of taxes. However, with that, there are some underlying disadvantages as well. In this article, our team at Tetra Consultants has highlighted 10 disadvantages of setting up a Cayman Islands company which may help with your...
It has become increasingly popular to register business in Cayman Islands due to the characteristics of the Cayman Islands tax haven and its business-friendly environment. Offshore businesses are exempted from corporate or income taxes but are instead required to pay licensing fees. In this article, our team at Tetra Consultants has highlighted 6 things to...
Cayman Islands Tax Haven The European council issued a press release on 18 February 2020 regarding the status of Cayman Islands Tax Haven. EU announced that Cayman Islands (along with three other jurisdictions) were now added to the annex I of EU list of non-cooperative jurisdictions for Tax Purposes. The EU council deemed the decision...
