Cayman Island Company Formation | Limited Liability Company Setup (With Licensed Fund)

A licensed fund is an investment vehicle that pools capital from investors, typically utilized for public or retail offerings, requiring a higher level of regulatory oversight from CIMA.

An ELP is a favored investment vehicle featuring no separate legal personality. It relies on a general partner for management and limits the liability of limited partners strictly to their financial contribution.

No. An ELP is strictly prohibited from conducting business with the Cayman public and is restricted exclusively to offshore activities.

Licensed funds must obtain prior CIMA approval, appoint auditors and administrators, maintain proper governance, and comply with strict ongoing reporting and mandatory disclosure requirements.