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Cayman Enterprise City Introduces Referral Network
Date:5/20/2013

George Town, Grand Cayman, Cayman Islands (PRWEB) May 20, 2013

Cayman Enterprise City, a knowledge-based, high tech Special Economic Zone in the Cayman Islands, is announcing the launch of its Referral Network, an initiative to grow the zone’s international partnerships. Cayman Enterprise City’s unique concessions combined with Cayman’s business-friendly environment and tax benefits are attracting businesses and startups from around the world, many of them referrals from zone channel partners. Cayman Enterprise City currently has agreements with over 120 international firms and companies based in the United States, the United Kingdom, Canada, China, Russia, Germany, plus other European and Latin American countries. Partners include international law firms, accounting and tax businesses, wealth managers, venture capitalists and entrepreneurs.

“Referrals from our channel partners have been key in the growth and development of Cayman Enterprise City during the zone’s first year, so we are launching the Referral Network to encourage more participation,” said Ben Fisher, VP of Business Development & Strategy for Cayman Enterprise City.

Fifty-five companies have moved into Cayman Enterprise City, or have signed up and are in the process of establishing a physical presence in the tax-exempt zone, with another 157 more companies in the pipe line. Benefits include a 10-day streamlined company setup, exemption from import duties, Work/Residency visas issued for staff from any country within 5 days and guaranteed exemption from corporate tax and capital gains tax until 2061.

“Our channel partners are referring clients, or in the case of VC firms, referring their portfolio companies that can benefit from a genuine physical presence in the Cayman Islands and its tax-neutrality,” said Fisher. “Enabling businesses to generate active
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