Why Cayman - Digital Cayman

Why cayman

The perfect place

Digital Cayman is a dynamic industry body cultivating economic development and providing a voice for the Cayman Islands’ Digital Sector.

01

Our islands

The attributes that have made the Cayman Islands so enticing to the financial services sector have attracted some of the world’s top technology entrepreneurs and leading FinTech, media, and blockchain businesses to set up a genuine physical presence in the jurisdiction

Cayman’s robust regulatory environment, impressive legal system, and the abundance of on-island talent, matched with an envy-inducing island lifestyle, has made Cayman the perfect domicile from which to operate.
 One of the world’s leading international financial centers, the jurisdiction is home to preeminent global law firms, top accounting firms and acts as a gateway to North and Latin America markets with direct flights to London multiple times per week.

Cayman is the ideal place to develop Intellectual Property (IP) and with the absence of local corporate tax, income tax and capital gains tax, businesses can be far more profitable, when they physically operate from Cayman.

Important Facts

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02

The lifestyle

Cayman’s attractive mix of cosmopolitan and island life, the vibrant social scene, picturesque panoramas, world class attractions, and a close-knit community which consists of more than 135 nationalities makes it easy to attract and retain talent.


Cayman is known as ‘the culinary capital of the Caribbean’ offering fantastic dining options from five-star restaurants to delicious island fare and other international cuisine options.

Residents enjoy a high standard of living, education, healthcare, as well as incredible weather all year around.

Digital Cayman aims to cultivate Cayman’s dynamic and innovative digital ecosystem.

Chris Wall, Executive Committee

03

Political Stability

The Cayman Islands offers a stable political system based on a foundation of an adaptive regulatory structure which is a rare find in most nations.

Entrepreneurs can take comfort in the fact that the country, as a British Overseas Territory, has strong political and economic stability, and its legal and court system is based on English Common Law.

The country has its own democratically elected Parliament, which has consistently maintained responsibility for domestic affairs including fiscal matters.

04

Our islands

The Cayman Islands are an ideal location for digital businesses — with the Miami International Airport less than an hour away by plane. residents work on the same time zone as major North American cities.

Moreover, there are direct flights to New York, Houston, Atlanta, Chicago and Toronto amongst other key cities.

See more at https://www.visitcaymanislands.com/en-us/plan-your-trip/getting-here/travel-by-air

05

a less complex jurisdiction

According to the 2018 Financial Complexity Index, the Cayman Islands has the least complex jurisdiction in the world.


This is unsurprising given how well established the financial industry is in this area. While financial regulations are robust, and transparent reporting is a requirement, there is a reduced burden when it comes to carrying out business from the Cayman Islands. In particular, this area performs particularly well for compliance, tax, reporting and bookkeeping.

06

An award winning economic zone

Digital Cayman provides hands on support to Digital Businesses who are looking to establish a physical presence in the Cayman Islands.

We work closely with Cayman Enterprise City which has been specifically designed to attract knowledge-based and specialised-services businesses to set up a genuine physical presence in the Cayman Islands and is now home to a vibrant community of over 250 global businesses.

With accelerated offshore set-up, 100% foreign ownership, and personalised services and support, CEC can have special economic zone companies (SEZC) fully established within four to six weeks, including renewable five-year work/residency visas for staff which can be processed in as little as five days.

See more at www.caymanenterprisecity.com.