IP can represent significant assets of businesses and it is important to ensure these rights are suitably protected whilst maximizing the value of such assets. Set up an offshore Cayman Company in Cayman Enterprise City’s tax-exempt tech zone and you’ll discover Cayman has comprehensive legislation capable of protecting IP.
Your company would have a real physical presence offshore with staff and offices in Cayman, where you can generate a tax free active business income because there’s no corporate tax, no income tax and no sales tax. And, if you are building up the business for an eventual sale, there is no capital gains tax, so you get to keep 100% of the profits.
As Intellectual property is commercialized and becomes more valuable, transferring the ownership offshore late in the day, may attract a costly exit liability. Consideration should be given to transferring that asset offshore prior to any commercialization and Cayman has recently strengthened its IP law making it a most attract jurisdiction for housing IP.
Here you’ll not only enjoy tax benefits but great concessions granted by the Cayman Islands Government. There’s a fast-track set up process, a cutting-edge infrastructure, a large network of service providers, and offshore hosting and payment gateway, in fact everything you need for your business to thrive and grow.
Reasons to choose Cayman Enterprise City:
Cayman Enterprise City is full of promise and creativity for the future, and already over 180 companies are enjoying the benefits of doing business from our vibrant ecosystem. We’re working hard to create the ideal tax-free environment, infrastructure and international connections you need to grow your enterprise. Benefit from strong IP laws and, being offshore your business will be more profitable and competitive in the global arena, get access to cheaper capital and enhance shareholder value.