Frequently Asked Questions

Check out these
frequently asked questions…
What is TechCayman?
How do I know if my company is eligible to become a sponsored enterprise of TechCayman?
Why should my company consider becoming a sponsored enterprise of TechCayman?
-
Guarantee of no corporate, income, sales or capital gains tax for 30 years
-
100% foreign ownership allowed
-
Individualized set up with concierge administrative & relocation services
-
30-day turnaround business licensing program
-
Renewable 3-year work permits granted in 10 days
-
No restrictions on the number of work permits
-
Dependents welcome with no restriction on their eligibility to seek employment
-
Freedom to establish an office anywhere in the Cayman Islands
-
No government reporting or filing requirements
-
Daily direct flights to the Americas
-
Central Time Zone equals competitive advantages
-
Exceptional quality of life in year-round warm, tropical climate
What is the step-by-step process for joining TechCayman?
Next, you will provide our Client Services Team with a working list of your relocation needs, including office space, accommodations, and employee details. We will assist in incorporating your company within the Cayman Islands and applying for a license to operate.
Our entire streamlined process will take no more than 30 days, starting from the time you sign your agreement until our team can submit your first work permits. Work permit applications for all relocating employees will be submitted with a 10 day approval process, which means you can be open for business within 50 days of our first conversation.
Do I have to be in the Cayman Islands to apply?
Must I form a new company or does TechCayman accept existing companies?
Does TechCayman provide office space?
Can a company open a virtual office or does there need to be a physical presence in the Cayman Islands?
Our model is to develop an ecosystem of Tech-based companies and to ensure IP and/or services are created, developed and managed in the Cayman Islands.
The Cayman Islands offer extraordinary opportunities for work/life harmony, and we want to ensure our sponsored enterprises not only benefit from TechCayman’s unique offerings, but also from the lifestyle that comes from relocating here.
Can I join TechCayman as an individual or do I need to form a company?
What is the tax structure for companies formed in the Cayman Islands?
Is it difficult to open a bank account in the Cayman Islands?
How can TechCayman help my company with recruiting?
What are the employer requirements with regard to Health Insurance and Pension Plans?
Is there a TechCayman Client Service Team to help with relocation? Housing? Schools? Vehicles?
Can my spouse and children come too?
What school system is used in the Cayman Islands?
Can I bring my pets with me?
Where will I live if I relocate to the Cayman Islands?
We liaise regularly with our network of real estate professionals and private owners to ensure we have current information on prime locations and available properties.
What is the best way to learn more about the Cayman Islands?
The Cayman Resident is the A-Z guide for all things Cayman. It provides information on everything from wellness to watering holes. Cayman.com is also an excellent resource.
Is there good health care in the Cayman Islands?
Cayman offers World Class health care to residents and medical tourists alike. We have fully equipped hospitals, and dozens of private clinics, walk in clinics and specialty clinics.
More than 300 fully qualified physicians and specialists live and work on-island and because our health care system is private, there is little to no wait time to see the physician of your choice.
There is a locally published directory to health and wellness practitioners available at www.caymanhealth.com.
What kind of international cuisine is available in the Cayman Islands?
The hundreds of multicultural dining options, from 5-star restaurants to street-side bbq’s, have earned Cayman the title of “Culinary Capital of the Caribbean.”

The Grand Pavilion
802 West Bay Road
P.O. Box 32336
KY1-1209 Cayman Islands