Cayman Fund Investment has gained popularity across the globe, including in Hong Kong, due to its highly favourable tax regime. Investors will be pleased to know that they can enjoy a stable economic and political environment in addition to a high degree of flexibility in the requirements of the Cayman Fund. The Cayman Islands has firmly established itself as a leading global jurisdiction for offshore investment funds and international capital flows.
Cayman Fund Investment
CityLinkers has partnered with a CIMA approved auditor to provide audit services to Cayman Island investment funds and issue financial statements that is recognised by CIMA. We have considerable expertise in the area of Cayman Fund audit and can provide an alternative solution to traditional international accounting firms.
Following the recent amendment to the Mutual Fund Law of the Cayman Islands, the majority of Cayman Islands investment funds are now required to be registered with the Cayman Islands Monetary Authority (CIMA). This means they are subject to annual audits by a CIMA-approved auditor, and the audited financial statements must be submitted to CIMA within six months of the financial year end or within such longer period as CIMA may allow.
CityLinkers recognises that financial records of investment funds are frequently located at the fund manager's or administrator's office. This can hinder the audit process conducted by CIMA-approved auditors on the financial statements. We are pleased to announce that we have partnered with a CIMA-approved auditor. This strategic alliance enables us to conduct comprehensive audit work and issue audited financial statements that are recognised by CIMA.
Features of Cayman Fund
- There is a range of tax benefits
- Absence of direct taxes on capital gains, income, profits, etc;
- Least amount of control on foreign exchange;
- Simple tax regimes;
- There is a wide variety of types of Cayman Fund;
- a Registered Fund;
- a Licensed Mutual Fund;
- an Administered Fund;
- There is minimal restriction on auditing and compliance;
- Mandatory filing is not required;
- Government framework is stable;
- Simple compliance with rules in Hong Kong Stock Exchange;
- A high degree of confidentiality can be enjoyed by the companies (Including: Operations, Management &Asset)
Our Advantages are as follow
- Stable relationship – CityLinkers has established a long-term partnership with a CIMA approved auditor who assist the formation of Cayman Fund and provide continual professional Cayman Fund investment consultation.
- Hassle free – CityLinkers provides a one-stop audit service which caters for all your needs on Cayman Fund investment and you only have to negotiate with our office.
- Experienced – CityLinkers has been performing audits for Cayman Island investment funds since 2017, with a client base totalling to 80+ Cayman Island investment funds to date, investment fund size of our clients is as much as USD1+ billion.
- Diversified – CityLinker’s clients’ portfolios include listed instruments, private equities, fund of funds, crypto currencies platforms, debt instrument etc..
- Professionalism – CityLinkers’ management team possesses 10+ years of experience in Big4 accounting firms and can be an alternative to traditional international accounting firms. With their experience and expertise, we serve you with a customized and professional service.
Cayman Fund Investment Consultation
CityLinkers is proud to collaborate with a CIMA-approved auditor, who has extensive experience and a comprehensive knowledge of the laws and regulations in offshore jurisdictions. This collaboration enables us to offer clients professional Cayman Fund investment consultation services. The advice would help clients to cope with the socio-economic environment in a more responsive and strategic way, thereby leading to the success of Cayman Fund investment.
The Cayman Fund Investment Consultation would mainly cover the following areas:
- Provide assistance in Cayman Fund formation and structuring
- Review and advice on documentation
- Ensure the regulation and compliance are carefully fulfilled
- Offer administration services on Cayman Fund
- Deal with the Cayman Fund restructuring or winding up
