Cayman Foundation Companies for DAOs — Formation, Governance & VASP Registration

Bell Rock Group is a CIMA-regulated Cayman Islands firm specialising in the formation and ongoing administration of Cayman Foundation Companies for decentralised autonomous organisations (DAOs) and Web3 projects.

Established under the Foundation Companies Act, 2017, a Cayman Foundation Company is the most widely adopted DAO legal wrapper globally — providing legal personality, asset-holding capacity, and liability protection for contributors and token holders, without requiring shareholders.

We help Web3 teams, DeFi protocols, blockchain projects, and DAO communities design and establish their Cayman legal foundation, with end-to-end support across the full lifecycle:

Entity design and structuring — tailoring the foundation's purpose, governance framework, and constitutional documents to your DAO's specific requirements
24-hour incorporation — fast, compliant formation with the Cayman Islands General Registry
Registered office — official Cayman Islands registered office address
Licensed secretary services — ongoing corporate secretarial and statutory compliance
Professional directors — experienced independent directors providing governance credibility with investors and regulators
VASP registration — CIMA registration under the Virtual Asset (Service Providers) Act for DAOs conducting qualifying virtual asset activities
Ongoing administration — long-term regulatory compliance, annual filings, and governance support from our Cayman Islands office