The Registrar of Limited Liability Companies has confirmed that the first available registration date will be 13 July 2016. From this date it will be possible to:
- form and register a new Cayman Islands limited liability company (an "LLC");
- migrate an entity organised in another jurisdiction into the Cayman Islands as an LLC (including from Delaware, whether for regulatory or other reasons);
- convert an existing Cayman Islands exempted company into an LLC; and
- merge an existing Cayman Islands exempted company into an LLC.
A copy of the LLC Law can be viewed here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.