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> You [UK companies] need to pay around $2,000 to file your accounts each year. In Cayman you do not. What's the evidence for this? I've run a UK company, albe
by laurencerowe 9mo ago
> You [UK companies] need to pay around $2,000 to file your accounts each year. In Cayman you do not.
What's the evidence for this? I've run a UK company, albeit a decade or more ago. Fees are negligible. There's a £34 annual filing fee. You might choose to pay accountants to prepare and file your accounts for you, but presumably if you were to do so you would do the same in the Caymans.
- robocat 9mo ago> In Cayman you do not AFAIK getting accounts completed and filed is expensive in Caymans. Professional costs in the Cayman Islands are hideously expensive (from my extremely limited experience). Additionally, FYI, a Cayman Islands company needs a local Cayman Island director which costs thousands per annum.