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Cayman Enterprise City and SEZ Companies

Consider establishing a special economic zone company in Cayman, including eligible activities, physical presence, approvals and corporate support.

dlloyd01

March 28, 2023

Lighthouse on a rocky coastline with the Bell Rock logo

Cayman Enterprise City offers a route for eligible businesses to establish an operating presence within the Cayman Islands' special economic zone framework. A special economic zone company should be planned around its actual activities and local operational needs.

Eligibility and physical presence

The proposed business must fit the relevant zone parameters and complete the applicable approval and due diligence process. The zone model involves a genuine physical presence; it should not be presented as a virtual address or automatic economic substance solution.

Coordinate the workstreams

  • Confirm eligibility with the zone operator and relevant authorities.
  • Determine the entity structure, ownership and required corporate documents.
  • Plan office space, personnel and any immigration arrangements.
  • Assess whether financial services or other activities require separate authorisation.
  • Establish registered office, accounting and corporate administration responsibilities.

Keep the regimes distinct

Special economic zone approval does not replace a separate CIMA permission where one is required. Economic substance classification, tax residence and cross-border tax obligations also require their own assessment.

Timing depends on the activity, documentation and approvals involved. Bell Rock can support Cayman entity formation and ongoing corporate administration, working alongside the zone operator and the client's advisers.

Support from Bell Rock

Explore our Cayman company incorporation or complete the relevant service questionnaire so we can assess your requirements.

Related insight

Cayman Economic Substance: Requirements and Compliance

Official resources

Cayman Enterprise City FAQs

Next step

Setting up a company in a Cayman special economic zone?

Bell Rock coordinates the incorporation of special economic zone companies, provides registered office and corporate services, and supports the licensing and economic substance steps that follow.

Complete the incorporation questionnaire

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