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/biz/ - Business & Finance

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10413424 No.10413424 [Reply] [Original]

Muh Cayman Islands!?!?

Located at 121 South Church Street, the building is the registered office address for 18,857 entities, including many major investment funds, international joint ventures and capital market issuers.[1]

Also, the GAO validated the reasons why the Cayman Islands has become a popular jurisdiction for international finance and business, including the country’s reputation "as having a stable and internationally compliant legal and regulatory system." In an interview with the GAO, representatives from the U.S. Internal Revenue Service (IRS) cited "the Cayman Islands’ reputation for regulatory sophistication" and "legal protections for creditors and investors" as factors that might attract legal financial activity.[8]

The Cayman Islands have worked to promote governance and regulation and have over the years collaborated with governments in the major economies to introduce tax information agreements such as FATCA[9] and co-operation agreements with securities regulators, aimed at promoting a transparent legal regime for global business.

>> No.10413443

Seems pretty normal tbqh, don’t see any reason for concern

>> No.10413472

Exactly what I was trying to get at. Even more encouraging Obama did extensive investigations into it and came up with nothing but legit companies following the rules.