Cayman Islands - Located 480 miles south of Miami, the Cayman Islands is recognised as one of the top ten international financial centres in the world. With more than US$700 billion on deposit in Cayman banks, the jurisdiction ranks as the world's fifth largest financial centre. All of the leading accounting firms are also on the island, and several world-class law firms add to the centre’s professional infrastructure.
The Cayman Islands have a strong reputation for sensible regulation, professionalism, confidentiality, tax advantages, asset protection, political stability, solid infrastructure and geographical location. There are no taxes on income, profits, assets or capital gains and no exchange control regulations in the Cayman Islands.
As a highly regarded offshore financial jurisdiction, firm measures have been taken by the Cayman Islands Government to protect and to enhance the reputation of the Islands as a base for offshore financial operations. The Cayman Islands’ banking system is closely supervised by the Cayman Islands Monetary Authority, helping to maintain the reputation of the Islands as a well monitored and respected banking centre.
(Info provided by Portfolio of Finance and Economics – CI Government)










