The first time I heard about Cayman

I think many of you have the same expression as me

In fact, you have to find Cayman

Look at the partners with whom our country has a profound friendship:

Cuba

Our protagonist today

The Cayman Islands

Just below it

Don’t look at the small size of the Cayman Islands

A picture allows you to see its hidden hugeness Energy

Yes

Baidu, Alibaba and Tencent

These giants we are familiar with

turn out to be Cayman companies

Large Chinese companies on the small island

In addition,

there are more than 150 American companies that have registered subsidiaries in Cayman

Among them Including

Coca-Cola, Intel, Oracle, Procter & Gamble, etc.

So why do so many famous companies

choose to open their companies on such an inconspicuous island? Woolen cloth?

Now Mande Enterprise Services will give you a brief introduction

A paradise for tax avoiders and a springboard for listings

Cayman Islands

Cayman Islands (sometimes translated as Cayman Islands) is an overseas territory of the United Kingdom in the Western Caribbean Islands. It consists of three islands: Grand Cayman, Little Cayman and Cayman Brac. A famous offshore financial center and "tax haven", it is also a world-famous diving resort and tourist resort. Finance and tourism are the main economic sources.

Offshore financial centers

Financial activities that specialize in foreign currency deposits and loans are collectively called offshore finance. In other words, the banking system formed by local banks and foreign banks can be called offshore financial centers. Currently, the more famous offshore financial centers include the British Virgin Islands, Cayman Islands, Isle of Man, Bahamas, Bermuda, Western Samoa, Anguilla, etc.

Tax Avoidance

According to the tax regulations of the Cayman Islands, there are only a few simple taxes such as import tax, business registration tax, and tourist tax. Personal income tax, corporate income tax, capital gains tax, and real estate tax have not been levied in decades.

Listing

If a company needs to introduce foreign capital or go public overseas, it can register an overseas company in Cayman, acquire 100% of the equity of the domestic company, and then submit the Cayman company to Hong Kong, List in Singapore or the United States to complete overseas financing of domestic companies. This is especially convenient for industries such as the Internet, education, and media, which are in areas where there are restrictions on the introduction of foreign investment in China. The advantages of this indirect listing are: lower cost, transparent listing process, shorter time spent, and the ability to avoid complicated domestic approval procedures.

Multinational operations

The transnational operations of enterprises are restricted by the governments of their home countries, but overseas offshore companies are a shortcut to conduct transnational business. The company type does not need to end with LIMITED (limited).

Capital operations

Avoid foreign exchange controls and facilitate enterprises to carry out capital operations. The Cayman Islands does not have any exchange controls, and international business companies registered here have no restrictions on the transfer of funds.

Convenient management

Company management is simple. Offshore companies do not need to hold shareholders' meetings and board of directors every year. Even if they are held, the location can be chosen arbitrarily, giving greater freedom.

Conclusion: Tax avoidance and listing are the main reasons why most domestic companies register offshore companies. According to my country's current laws, companies established offshore and registered overseas are all offshore companies or Hong Kong companies in nature. Therefore, my country's major Internet brand companies such as Tencent, NetDragon, HC, and Kingsoft are almost all foreign companies.

Now, Mande Enterprise Services, a subsidiary of Mande Enterprise Services, has opened international registration business, and the partners in the International Registration Department are working hard to plant the little red flag of our entrepreneurship all over the world.

Currently, we have opened registration services in Cayman, Hong Kong, British Virgin Islands, and the United States. Welcome to call us: 400-023-3766