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Cayman Enterprise City SEZ News

Growing Your Cayman Islands Company

[fa icon="clock-o"] Jul 26, 2016 3:45:23 PM [fa icon="user"] Adela Gonzales White [fa icon="folder-open'] Why Cayman?

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Running a business offshore in the Cayman Islands Special Economic Zone is easy and flexible. Not having to spend so many resources on compiling, reporting, and paying your taxes means that you can spend more time and money building your company.

Expanding Your Office Space

It’s easy for your business to grow in the SEZ. When you open your Cayman Islands company you will select an office package to fit your company. If you’re starting small, a co-working space for one person might be sufficient. Over time though, you might need more. This is a common “problem” that our client’s have – they are very successful and their companies grow! Upgrading your office package is easy and you can move at your own pace up to multiple desk in a co-working space, to a private office, or even to a full office space that we will work with you to customize to fit the needs of your company.

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Adding More Staff Members

Being part of Cayman Enterprise City has an advantage when it comes to staffing; you can get renewable 5-year work/residency visas in often as little as 5 days! Hiring more staff is easy and if you hire a Caymanian you don’t even need to request a new work permit. Choosing to operate your company in Cayman vs other jurisdictions has advantages for foreign employees, too, as Cayman does not require an H1-B visa. Also, if a company is looking to access the lucrative and giant U.S. market but has international staff and can’t get H1-B visas for them to reside in the U.S., a base in Cayman’s SEZ, is a great solution.  Cayman is only one hour’s flight from Miami and three from New York City.

Multinational Companies

Your Cayman Islands company is prime for multinational operations. Quick and easy access to Latin & North America allow you to conduct business around the globe while living an island lifestyle.  

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It’s time to live the dream and relocate to a life of tropical beaches, great networking, and a secure business environment with the advantage of no corporate or personal tax filing requirements.

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Adela Gonzales White

Written by Adela Gonzales White

Ms. Gonzales White is a Public Relations Specialist and consultant for CEC where she assists with development and implementation of the company’s public relations initiatives both internationally and locally. Based in Sarasota, Florida, Adela is also a former expat who lived in the Cayman Islands for more than a decade, and she maintains close ties to the islands. This experience and connection give her special insights when writing about life overseas and CEC’s relationship to the local community.

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