Partner Melissa Lim and associate Tom Hagger have assembled the 'Walkers Guide to Setting Up a Cayman Islands Cryptocurrency or Blockchain Fund' to tell you everything you need to know about setting up a Cryptocurrency or Blockchain fund in the Cayman Islands.
Why Cayman For Your Fund?
Once the investment strategy has been determined, and there is the necessary interest from investors, the decision needs to be made on the most optimal way to structure the fund. Often an offshore jurisdiction such as the Cayman Islands comes into play in the event where any of the investors are located outside of the U.S. and are U.S. tax exempt. In these scenarios it is very common for an offshore jurisdiction to form part of the fund structure.
Some of the benefits of using the Cayman Islands include:
- Familiarity to Managers and Investors.
- Robust and Flexible Legal Framework.
- Stable Political Climate.
- Availability of High Quality Service Providers.
- Proven Record as a World Leading Financial Centre.
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.