Cayman Enterprise City (CEC) is a newly launched knowledge-based Special Economic Zone being developed in Savannah, Grand Cayman. It will consist of 6 business parks located in one state-of-the-art campus and will include: Cayman Internet & Technology Park, Cayman Media Park, Cayman Biotech Park, Cayman Commodities & Derivatives Park, Cayman Outsource Park and Cayman Academic Park.
International companies establishing within the Zone will benefit from a raft of concessions and benefits granted by the Cayman Islands Government including 100% foreign ownership permitted, 100% exemption from income tax, corporate taxes and capital gains tax, 100% exemption from input duties, and 5 year work/residents visas. CEC provides a guaranteed 10 day fast-track set-up of operations include obtaining the Trade Certificate and Work Visas for foreign employees.
The space within the Cayman Enterprise City will allow for turn-key solutions or tailor made solutions featuring a range of turn-key and customised options for a cost-effective first class business centre.
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Hints & Tips
- The Cayman Islands are only 1 hour from Miami, 3 hours from New York and have direct flights from over 20 locations around the world.
- Cayman Enterprise City meets the OECD's best practices guidelines for Special Economic Zones and is full compliant with the Kyoto Convention and World Customs Organisation.