Is your biotech, life sciences or Environmental Tech firm testing the offshore waters?
It should be! More Flexibility. Increased Profits. Intellectual Property Protected Offshore & Licensed Internationally.
Cayman Enterprise City, in the Tax-Free Cayman Islands, gives you the green light to keep innovating in an offshore business environment.
Operating your biotech, pharma, life sciences or clean technology business offshore from Cayman’s zero tax Special Economic Zone is the perfect way to keep that competitive edge in a world of choosy backers and a global biotech industry. We understand the need to return cash to investors without the burden of excessive taxes. The Cayman Science and Technology Park operated by Cayman Enterprise City gives you a tax-free platform and the flexibility to grow your biotechnology company offshore without excessive regulatory burdens.
Setting up a Cayman offshore company and establishing a physical presence in Cayman’s Science and Technology park is a quick and easy process, and there are no risks involved. Cayman is business-friendly with a stable economy and government that encourages entrepreneurship.
Streamline your R&D Department, or create a centralized office to handle suppliers, negotiate contracts, assess overall performance, license internationally and perform other duties. Perhaps your pharma company is looking to outsource design and management of clinical trials? Offshoring should be a vital part of your strategy in the life cycle of your biotech firm, green tech company or life sciences enterprise.
Does Your Science & Technology Company Fit in the Zone?
Are you in:
- Natural sciences
- Research and application of technology that uses biological systems, living organisms
- Development of biomedical devices
- Development of pharmaceuticals
- Environmental technology
- Green Technology
Benefits of Being in the Offshore Science & Technology Park:
- 100% exempt from corporate, income and capital gains tax
- 100% exempt from sales tax
- 100% exempt from import duties
- Intellectual Property owned offshore
- Five-year work/residency visas granted within 5 days
- No visa restrictions for employees, regardless of origin or position
- 3-4 week fast-track set-up of operations
- Minimal government regulation
- World-Class Business & IT infrastructure
- 2 Tier-3 data-centres
- Natural Science & Environmental Technology cluster with great cross-marketing opportunities
As the biotech and life sciences industries narrow and mature, offshoring or nearshoring as many call it, is the natural step for your company. How will you stay competitive?