Cayman Exempted Company (Magic-Circle)
Same Cayman Exempted Company structure as the Standard SKU, filed through Carey Olsen, a Magic-Circle offshore firm with the strongest crypto-fund track record of any tier-1 offshore practice. When your LPs, prime brokers, or co-investors expect a tier-1 firm's name on the registered-office letterhead, this is the SKU.
What's included
- Cayman Islands Registrar of Companies registration fee: we file and pay it on your behalf
- Memorandum and Articles of Association (Exempted Company)
- First Subscriber and Director Resolutions
- Beneficial Owner Register (Cayman BO Register-compliant)
- Economic Substance assessment and initial filing
- First-year licensed Cayman registered-office service through a Magic-Circle Cayman firm
- Direct counsel-level review of formation documents
- Sanctions screen + Tier 2 KYC (enhanced due diligence)
What's NOT included
- Apostille (sold separately at $149)
- Year-2+ registered-office + government fee renewal ($4,999/yr; tier-1 firms charge a real recurring rate)
- Annual Economic Substance reporting beyond the initial assessment (sold separately)
- Cayman audit (referral to a tier-1 Cayman audit firm)
- Bank account opening
- Foundation Company or Segregated Portfolio Company structures (separate SKUs)
- Legal opinions on token issuance, regulatory matters, or structuring (referral to Cayman counsel; billed by them directly at hourly rates)
- Mail forwarding
We list what's not included on every product page so there are no checkout surprises.
Timeline & terms
- Formation
- 10 business days
- KYC tier
- Tier 2
Operator-grade use case
Identical legal vehicle to the Standard SKU, formed through a Magic-Circle Cayman corporate-services firm. The differentiator is institutional-acceptance signal: when your LP, prime broker, or co-investor has a hard expectation that a tier-1 firm's name appears on the registered-office letterhead, this is the SKU. Used in conjunction with audited financials and a Cayman fund administrator, it produces filings that read clean to institutional capital allocators.
Most common deployments: master-feeder hedge fund structures, tokenized fund vehicles raising from US accredited investors and non-US institutionals, large DAO foundation companies where the on-chain treasury needs an off-chain governance wrapper that won't be questioned by counterparties, and complex SPV stacks where investor confidence in the filing agent affects deal flow.
Less ideal for: any deployment where the Standard SKU's mid-market filing agent is good enough. The price delta over Standard is roughly $6,000 of pure registered-office uplift, with zero difference to the legal vehicle. If your investor base hasn't explicitly asked for Magic-Circle provenance, you're paying for a signal you don't need.
What you'll need to hand us
- Email address
- Country of residence
- Intended use statement (free-text)
- Government-issued photo ID (passport or national ID)
- Proof of address (utility bill, bank statement, or government letter, dated within 90 days)
- Source-of-funds attestation (drop-down + free text)
- Optional: PEP and adverse-media screening consent
- Everything in Tier 1
- Beneficial owner declaration for every party with 25%+ ownership
- Source-of-wealth documentation (tax return, employment letter, salary, asset proof)
- Manual enhanced-due-diligence reviewer notes from our KYC partner