Forming an exempt company in Cayman Islands

Cayman Islands Exempt Companies

Common or Civil Law	Common
Taxation on Foreign Profits	NIL
Bearer Shares	Permitted
Disclosure of Ownership	Not reqd.
Minimum Paid up Capital	USD 1
Standard Authorised Capital	$ 50k
Minimum Number of Directors	1
Minimum Number of Shareholders	1
Local Directors	No
Corporate Directors	Yes
Company Secretary	No
Company Seal	No
Public Register of Directors	No

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