Title: Need Help Establishing a Cayman Financial Structure? Here’s How!
1International Management Services Ltd
www.ims.ky
2About 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
3IMS Fund Services
- IMS Fund Services is a division of IMS, which
focuses on the provision of - directors and trustees to hedge funds and
related entities. We have over 150 - years of collective experience and expertise in
the fund industry and provide - services to some of the largest global fund
organizations.
- Our Fiduciary Team members are professionally
qualified and are recruited - from household names in the financial services
industry. IMS is not only - independent of the investment manager, but also
independent of the - administrator and all other service providers
to the funds to which we provide - directors or trustees.
www.ims.ky
4IMS Fund Services
- Our model provides inherent capacity constraints
limiting the number of - director appointments per team member. We take
our role as directors and - trustees seriously, thus providing exceptional
corporate governance of the - highest standard.
- IMS can also provide the following services to
fund entities if required - registered office and company secretary,
trustee of management/voting shares, - shareholder communications and introductions to
approved auditors and - attorneys.
Licensed to provide independent directors
- All members of IMS staff that act as fund
directors are registered with the - Cayman Islands Monetary Authority as
Professional Directors pursuant to - the Directors Registration and Licensing Law of
the Cayman Islands.
www.ims.ky
5Captive Insurance
Captive insurance allows shareholders to
self-insure for certain future losses, whilst
improving their cash flow and managing the cost
of insurance rather than using third party
insurance providers.
www.ims.ky
6Captive Insurance
Reasons for Forming a Captive
- To minimize costs by the elimination of a large
percentage of traditional - insurance company overhead.
- To retain the profits that would otherwise have
to be paid to commercial. - insurers in the form of premiums in excess of
the amounts repaid to cover - losses.
- To have freedom over investment into which the
premiums of the captive may - be made.
- To insure risks which would otherwise be
uninsurable or cost prohibitive and - to design custom policies.
- Access to the re-insurance market.
- The reduction of government regulations and
restrictions by seeking out a - favourable jurisdiction for the registration of
the company. - The reduction of taxes by domiciling the company
in a low tax jurisdiction. - cash flow planning as the captive has the use
and benefit of the premiums. - Timing of premium can be determined to suit the
parent's cash flow - requirements.
www.ims.ky
7Cayman Companies
Key Features of Cayman Islands Companies
Just about any type of asset can be acquired and
held by a Cayman Incorporation. For instance
- Fixed Term Deposits
- Listed Stocks and Securities
- Stock in Private Companies
- Real Estate and Commissions
- Patents, Royalty Agreements and
- Contract Rights
- Sea Going Vessels and Aircraft
www.ims.ky
8Cayman Companies
Typical Corporate Requirements/Features Include
- Nil corporate taxation
- Minimum authorised share capital - US 50,000
- Minimum paid up capital - US 1
- Minimum number of directors - 1 (Does not have
to be local) - Annual Filing of Company Return
- No requirement for annual audits
- Location of meetings - anywhere
www.ims.ky
9Contact 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