Whenever rich people talk about investment options, the term ‘Cayman Fund’ is brought up. Cayman Fund Investment is well-loved for good reasons. And the absence of taxation is no doubt the best one. People establish either mutual funds or private funds in the Cayman Islands. Let’s have a look at the Cayman Private Fund Investment option. The operating conditions for a Cayman Private Fund can be complicated. For example, you have to work with an auditor approved by the Cayman Islands Monetary Authority (CIMA). The accounts need to be audited and prepared in accordance with International Financial Reporting Standards (IFRS). Speaking of, CityLinkers HK is experienced with Cayman Fund Investment and they have a long-standing relationship with CIMA approved auditors. You may want to reach out to them if you are interested in doing Cayman Fund Investment.
Little did you know, a BVI Offshore Company Setup is an excellent investment too. A BVI Offshore Company Setup is a good idea for the following reasons. First, the British Virgin Islands (BVI) has no taxes at all. All the taxes you’d normally encounter such as capital gains tax, wealthy tax, corporation tax, income tax, etc. become totally irrelevant in BVI. Second, you don’t have to spend as much money on a BVI Offshore Company Setup as you would on a Cayman or Bermuda Offshore Company Setup.