Cayman Company must submit an annual return to the Cayman Company Registration Office every year and pay the specified application fee (or annual license fee).
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Cayman company annual review time
Cayman company annual review is the first review every year, but the annual review time has nothing to do with the registration time. Regardless of the month the company is registered, must be reviewed between December and March of the following year, otherwise it will be deemed to be overdue.
For example: Companies established in May 2021 need to undergo annual review before March 2022 at the latest;
For example: Companies established in December 2021 can undergo annual review before March 2022.
Cayman company annual review content
1. Renewal company operating license fee;
2. Renewal company secretary, registration address fee;
3. Good existence certificate Certificate ofGood Standing;
4. Director's on-the-job certificate Certificate of Incumbency.
Cayman company's annual review overdue consequences
Cayman company's annual review overdue fine details:
html None before March 31;
3.33% annual fee from April 1 to June 30;6.67% annual fee from July 1 to September 30;
00% annual fee from October 1 to December 31.
If the Cayman company is overdue for more than one year, the company will be mandatory for cancellation and the company's assets will be owned by the Cayman Islands government.
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Cayman company annual review conditions
1. Company registration certificate;
2, business registration certificate ;
3. Company's articles of association;
4. Valid certificate documents for shareholder directors;
5. If the company changes, relevant documents must be provided.
