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Cayman
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| Topic: Cayman Islands |
| Thread Title |
| lowtax.net text says: "The normal minimum capital requirement is KYD42,000, and the minimum capital duty levied on incorporation of a nonresident company and annually thereafter is KYD575." does this mean that an incorporator has to pay KYD42,000 to the government or keep it in a cayman bank or what? thank you in advance for your reply |
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| Topic: Cayman Islands |
| Offshore Company for Oil & Gas worker |
I work in the O&G industry, I live in Spain, now as a non res, I want to re establish my roots back in the UK and buy a property there, mainly for my wife to return their while I am offshore. Working offshore I am away for a minimum of 185 days, my return to the UK would be less than 90 days with the remaining time in Spain or other holiday destinations. I would like to open an offshore account, Ltd or other wise ? basically an account with the best (minimum) taxation aspects and asset protection. I work world wide for various operators and contractors and receive a salary each month paid against a day rate, usally paid in US $. Is there anyone who can advise on how to go about this, legally.
Best Regards T. Mr T. |
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| Topic: Cayman Islands |
| My 3 months work permit expire soon |
Hello every one
My work 3 months work permit permit expire the next january 2, 2011..and my exployer is Islands off, and comeback on january 10, what I can do for remain in the Islands and wait for apply for my other workpermit renewal.
Sincerely
Benny Benny |
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| Topic: Cayman Islands |
| UK income? |
My wife has been offered a job in the Cayman Islands for 2 years - we'll both be moving there in September. I will be her dependent. We are letting our UK house and will return to the UK rarely (if at all). I expect to satisfy HMRC that we are both non-resident.
I've handed my notice in with my employer as an IT worker - and my employment will cease before I move, however they have asked me to do some consultancy work from the Caymans. (I will physically reside in the caymans throughout).
What is the best way to set this up - tax wise? I've considered UK Company, LLP and/or cayman company... UK is best for setup costs - but I think a decisive break with the UK is best?
Am I right in thinking that a cayman company - which offers services to UK organisations - would be liable for UK tax on UK earnings?
Considering I'll be non-resident - what tax would I pay on this if me and my wife were setup as an LLP? (Would an LLP be any use at all??). Nearly in Cayman |
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