Halvorsen & Reith

Director requirements in Cayman Islands

What Cayman Islands requires of a board and who may supply a director.

Summary

Is the provider licensed
yes
Is arranging an appointment caught
yes — for certain limbs
Is nominee status public
noThe register of members of an exempted company is not publicly accessible. Beneficial ownership information is held separately under the Beneficial Ownership Transparency Act and is available to Cayman competent authorities. Legitimate interest access was introduced in February 2025. Bsource
Resident director required
noThe minimum number of directors of a Cayman company is one. There is no requirement that any director be resident in Cayman. Corporate directors are permitted. Bsource

Governing provision

The licensing position above is recorded in the firm's verified register under entry DL-015. The primary texts behind it are listed in the Sources section below.

Further entries for this jurisdiction are pending verification: DL-016.

Regulator

CIMA

Advisory perimeter

narrow

Liability of the appointed person

Not yet confirmed against a primary source. This entry is published once the position has been verified.

Sanctions

Not yet confirmed against a primary source. This entry is published once the position has been verified.

Last reviewed: 2026-08. Source status: CONFIRMED.

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Related practices

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Sources

Every statement above is tied to an entry below. Confidence A means a primary text or a regulator statement. Confidence B means a consistent professional source, or a conclusion drawn from the absence of a provision.

  1. B alternative route — No resident director is required in this jurisdiction, so no substitute arrangement arises. Derived from JF-026 reviewed 2026-08
  2. B nominee status public — The register of members of an exempted company is not publicly accessible. Beneficial ownership information is held separately under the Beneficial Ownership Transparency Act and is available to Cayman competent authorities. Legitimate interest access was introduced in February 2025. Cayman corporate law commentary and the 2025 Joint Ministerial Council communique reviewed 2026-08
  3. B resident director required — The minimum number of directors of a Cayman company is one. There is no requirement that any director be resident in Cayman. Corporate directors are permitted. Conyers comparative guide to BVI and Cayman companies reviewed 2026-08

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