Advice from Cayman fund administrators for global funds management in Cayman. - PowerPoint PPT Presentation

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Advice from Cayman fund administrators for global funds management in Cayman.

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International Management Services (”IMS”), one of the oldest licensed (in 1974) financial service providers in the Cayman Islands. We can work with legal, tax and other professional advisors chosen by our clients or recommend the same from our extensive list of the top advisors available on or off-island. Our team of respected professionals ensure that we can deliver the strong governance, competence and responsive personal service our clients require. For more information explore our website : – PowerPoint PPT presentation

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Title: Advice from Cayman fund administrators for global funds management in Cayman.


1
International Management Services Ltd
www.ims.ky
2
About Us
  • Having been in business since 1974, we have
    amassed extensive experience in the establishment
    of Cayman structures and entities and can assist
    clients with matters ranging from the simple
    (such as incorporation of a holding company or
    establishment of a simple private discretionary
    trust) to the complex (such as assisting with the
    formation of a hedge fund, securitization,
    private trust company, limited partnership, or a
    charitable or philanthropic trust).
  • Our modern, spacious offices on the waterfront in
    the heart of George Town, Grand Cayman, house or
    staff and can comfortably accommodate clients and
    advisors for on-island meetings where necessary.

www.ims.ky
3
IMS Fund Services
Why Choose Cayman as a Fund Domicile?
  • Having spoken with many investors over the years,
    we have ascertained that there are various
    factors as a domicile for hedge fund Cayman
    Islands
  • Fast to Market The speed of bringing a new
    fund to market is excellent, with the ability set
    up a new fund in a few days (subject to fund
    documentation first being agreed).
  • Regulation The Cayman regulatory regime is
    very well balanced and works well from an
    investors perspective.
  • Costs Relative to other fund jurisdictions,
    the cost of setting up a fund is fairly
    inexpensive.
  • Service Providers One stop shop jurisdiction,
    where all required service providers are
    available on-island.
  • Political stability and tax neutrality.

www.ims.ky
4
Intermediaries
SERVICES
  • Company formation
  • Provision of registered office
  • Filing of statutory documents
  • Legalisation of documents
  • Company searches
  • Certificates of good standing
  • All other statutory corporate services

www.ims.ky
5
Purpose Trusts
TRUSTEE
  • Documentary records of the following must be
    kept, in the Cayman Islands, at the office of the
    trust corporation acting as trustee
  • The terms of the STAR Trust.
  • The identity of the trustee(s) and the
    enforcer(s).
  • All property settled upon the STAR Trust and the
    identity of the settlors.
  • The property subject to the STAR Trust at the
    end of each of its accounting years, and
  • All distributions or applications of the trust
    property.

www.ims.ky
6
Vessel Registration
  • The benefits of registering in the Cayman Islands
    are as follows
  • Red ensign flag entitles ships to the protection
    of the British Royal Navy.
  • Full assistance of the British consular service
    worldwide, which is
  • especially useful in connection with crew
    matters.
  • Expedited registration is available and the
    registry can act on scanned or
  • faxed documents, subject to receiving
    originals within 7 days.
  • No mandated crew qualifications for pleasure
    yachts in private use.
  • Registration and annual tonnage fees are very
    competitive.
  • High quality local expertise in the fields of
    banking, company
  • management, legal and accounting services.
  • Excellent international communications by fax,
    telephone and telex.
  • Absence of exchange controls.
  • No income, corporate or capital gains taxes
    exist in the Cayman Islands.
  • Political stability and full British Overseas
    Territory status.

www.ims.ky
7
Contact Us
International Management Services Ltd
Address PO Box 61 Harbour Centre, Grand
Cayman KY1-1102, Cayman Islands
Telephone 1 (345) 949 4244
Fax No 1 (345) 949 8635
Email contactus_at_ims.ky
Website www.ims.ky
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