Advantages

A solid political, legal, fiscal and social environment with a stable parliamentary democracy since 1831
Established in 1903 at the Port of George Town.
An efficient, tax-neutral, international finance jurisdiction that offers a wide range of first-tier financial and business services
Modern, comprehensive maritime legislation based on English Common Law allows flexibility for owners without compromising safety and offers excellent mortgage protection provisions to secure the rights of mortgagees and financiers
Cayman’s maritime administration, a statutory agency of the Cayman Islands Government, provides a diverse, qualified, and experienced global team of professional surveyors, auditors and registration personnel that share a common corporate philosophy that values long-term relationships

Choice of a wide range of ownership structures enabling ownership of Cayman-registered vessels including individual, joint, company, and shipping entity.
A range of available vessel registration options including full, interim, provisional, under construction, and demise charter (bareboat), together with the registration of any associated mortgages
An active international Ship-owners’ Advisory Council and a national Maritime Sector Consultative Committee of maritime service providers
IMO participation through the United Kingdom Government
Full British Consular services and Royal Naval assistance and protection for Cayman-flagged vessels are available worldwide

Registration