Search Report. Cayman Islands:
- Search Report (Cayman Islands)contains:
- Company name;
- Company Number and Registration Date;
- Current Registered Agent and his contact information
Company Search Report does not confirm the entity is in good standing
Extracts (Company Search) are provided in English.
Company Search content depends on the legal form of the company and the data in the company registry.
CERTIFICATES AND DOCUMENTS FROM THE Cayman Islands COMPANY REGISTRY:
- Certificate of Good standing
- Certificate of Incorporation
- Copy of Memorandum and/or Articles of Association
Memorandum of Association: This sets forth the name, registered office, objectives of the company, the type (resident, non-resident, or exempted), the authorized capital and type of shares, names, addresses and signature of the subscribers and the number of shares taken by subscriber, name and signature of witness and the date of execution.
Articles of Association: These regulate the internal operations of the company, such as how meetings are called, powers of directors, and officers.
Business reports on companies registered in the Cayman Islands:
The following information may be included for you in the report:
- company name (including legal form);
- company Number, date of Incorporation/Registration;
- registered agent and his contact information;
- media references
- branches and representative offices in Russia;
- subsidiaries in Russia;
- participation in court cases in Russia;
Cayman Islands. Legalization and translation:
The Cayman Islands is a party to the 1961 Hague Convention.
The Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents (the Apostille Convention or the Apostille Treaty), is an international treaty. It specifies the modalities through which a document issued in one of the signatory countries can be certified for legal purposes in all the other signatory states. A certification under the terms of the convention is called an apostille.
Documents from the Cayman Islands can be apostilled and translated for you into any language.
GENERAL INFORMATION ABOUT COMPANIES
The Cayman Islands now has over 100,000 companies registered with the Registry of Companies.
The growth continues at a steady pace with an average of 10,200 new companies registered each year over the past ten years.
The Registrar is able to release on enquiry only the name, type of company, the date of registration, the address of its registered office, and the status of the company.
TYPES OF COMPANIES
- resident / non-resident
An ordinary resident company carries on business within the Cayman Islands. Resident companies must maintain at their registered office, open for public inspection, a register of their past and present members.
The non-resident company is an alternative to the exempted company. Such companies must maintain at their registered office, open for public inspection, a register of their past and present members.
- association not for profit
An association not for profit is not required to publish its name, or to send a list of its members, to the Registrar or to pay an annual fee.
A foundation company is a separate Legal entity which may be formed by any person (the “founder”) for any lawful object, which need not be beneficial to other persons, provided it falls within the wide parameters permitted by the legislations
Where the proposed activities of a company are to be carried out mainly outside of the Cayman Islands – offshore – the registrants can apply for registration as an exempted company pursuant to PART VII of the Companies Law.
- segrated portfolio
- association not for profit
- limited duration
- special economic zone
A special economic zone company is authorised to carry on business in a special economic zone pursuant to any Law in force in the Islands.
An overseas company (usually referred to as a foreign company) is a company incorporated outside the Cayman Islands. Registration pursuant to Part IX of the Companies Law is necessary to enable overseas companies to hold land or carry on business in the Cayman Islands, or to act as the general partner of a Cayman Islands Exempted Limited Partnership.
- limited liability (LLC)
the members of the company cannot be held personally liable for the company’s debts or liabilities
LIABILITY OF SHAREHOLDERS / MEMBERS
- by shares
- with par value
- no par value
- by guarantee
- with share capital
- without share capital
Cayman companies are required by Law to maintain and file beneficial ownership information, in line with international standards and commitments to combat money laundering, tax evasion and terrorist financing.
Once filed, the information will be stored on the Cayman Islands Government’s centralised beneficial ownership platform.
A beneficial owner of a company:
- holds, directly or indirectly, more than 25% of the shares or voting rights in the company;
- or has the right to appoint or remove a majority of the company’s board of directors.
- if no individual in the company meets these conditions, the beneficial owner is the person who (directly or indirectly) has significant influence or control over the company, through either direct or indirect ownership. This does not apply if such control is solely in the capacity of a manager, director, or adviser.