Company Management Services

As a licensed Company Manager Focus offers the following services to clients:

Company Incorporation
Focus can incorporate any of the following primary company types in the Cayman Islands:

Ordinary Resident
An Ordinary Resident Company is the vehicle normally used when the client intends to conduct business within the Cayman Islands.

Ordinary Resident Companies will normally require a 60% Caymanian ownership of the business along with an application for a Trade and Business Licence. In addition, all non- Caymanian employees will be required to apply for a work permit from the Cayman Islands Immigration Department.

Ordinary Non - Resident
This type of company is similar to an Exempt Company. However an Ordinary Non-Resident Company must have at least one general shareholders meeting annually.

The name of an Ordinary Non-Resident Company must include the word “Limited” or “Ltd.” at the end and maintain a register of members, which is open to inspection by the general public.

Ordinary Non – Resident companies must also file an annual report with the Registrar of Companies listing the directors, officers shareholders.

Exempt
The Exempt company is the most popular vehicle used by clients seeking an offshore business solution and is the main vehicle used for offshore hedge funds. An Exempt Company is formed where the business activity of the proposed company is mainly outside the Cayman Islands. An Exempt Company may own assets in the Islands provided the use of these assets does not constitute a trade.

The Exempt Company provides the additional benefit of a tax exemption certificate granted for a period of up to 20 years as a safeguard against the very unlikely event the Islands introduce a system of company taxation. Exempt companies may apply for this benefit under the Tax Concessions Law. The Company is not required to hold shareholder’s meetings.

Foreign Companies
Companies incorporated outside the Islands wishing to conduct business in the Islands may register as a Foreign Company. They must provide certain information to the Registrar of Companies including (i) Incorporation documents from their home country, (ii List of directors including names, addresses and nationality, and (iii)The name of a person resident on the Islands that is authorized to accept documents on behalf of the company.

Registered Office Services
Focus provides registered office and company secretarial facilities for companies and partnerships.

We provide a full registered office and company secretarial service, which includes compliance with all regulatory and other legal requirements to maintain a client’s companies in good standing.

Our service includes maintenance of all corporate records, provision of corporate secretary if required, preparation of minutes of annual general and statutory meetings, filing annual returns and applying for the renewal of Trade and Business Licenses.

In addition documentation relating, for example, to company changes of name, changes in shareholders, directors or officers and variations in authorised capital is prepared, as well as more routine company secretarial procedures.