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Cayman Enterprise City (CEC)
Cayman Enterprise City is an award-winning special economic zone (SEZ) development in the Cayman Islands. It offers international businesses 100% foreign ownership, zero corporate / income / sales / capital gains tax, a 4 to 6 week fast-track business licensing regime, and renewable 5-year work / residency visas granted in 5 working days. More than 350 companies from 20+ countries operate from CEC's zones across technology, biotech, media, commodities, maritime, and aviation.
Their llms.txt
The beginning of the file, from our validated copy saved 2026-10-21T19:51:21.980Z. Cached copy · Source on caymanenterprisecity.com
# Cayman Enterprise City (CEC)
> Cayman Enterprise City is an award-winning special economic zone (SEZ) development in the Cayman Islands. It offers international businesses 100% foreign ownership, zero corporate / income / sales / capital gains tax, a 4 to 6 week fast-track business licensing regime, and renewable 5-year work / residency visas granted in 5 working days. More than 350 companies from 20+ countries operate from CEC's zones across technology, biotech, media, commodities, maritime, and aviation.
Website: https://www.caymanenterprisecity.com
Contact: info@caymanenterprisecity.com | +1 345 945 3722
FAQ source: https://www.caymanenterprisecity.com/faqs
## Quick facts
- Location: Grand Cayman, Cayman Islands.
- Structure: Special Economic Zone (SEZ) regulated by the Cayman Islands Government's Special Economic Zone Authority (SEZA).
- Entity type: Special Economic Zone Company (SEZC / SEZCO). Existing Cayman Exempted Companies can be converted for a CI$600 government fee.
- Taxes: No corporate, income, sales, or capital gains tax on international business.
- Ownership: 100% foreign ownership permitted; no local partner required.
- Time to set up: 4 to 6 weeks end-to-end (company incorporation in as little as 5 days).
- Setup cost (incorporation): typically US$3,500 to US$5,500 in government and legal fees.
- Minimum capital requirement: none.
- Visas: Renewable 5-year Zone Employment Certificates (ZECs) issued in ~5 days; spouse and children included as dependents at no extra cost.
- Minimum salary for ZEC: ~US$45,000/year (no dependents), plus ~US$7,500/year per dependent.
- Eligible sectors: internet & technology, biotech & life sciences, media / marketing / film / broadcasting / telecoms, commodities & derivatives, maritime & aviation.
- Restrictions: SEZ entities cannot trade with the local Cayman market; ZEC holders cannot simultaneously hold a work permit outside the zone; physical presence in the zone is required.
- Economic impact: nearing USD 1 billion to date from CEC's socioeconomic development project.
## Zones and industry parks
- Cayman Tech City - internet, technology, fintech, blockchain, green / environmental tech: https://www.caymanenterprisecity.com/cayman-internet-park
- Cayman Science & Tech Park - biotech and life sciences: https://www.caymanenterprisecity.com/science-tech-park
- Cayman Media Park - media, marketing, film, broadcasting, telecommunications: https://www.caymanenterprisecity.com/cayman-media-park
- Cayman Commodities & Derivatives Centre - commodities, derivatives, trading, investment management: https://www.caymanenterprisecity.com/cayman-commodities-derivatives
- Cayman Maritime & Aviation City: https://www.caymanenterprisecity.com/maritime
## Frequently asked questions
### Opening a Special Economic Zone (SEZ) business
**What are special economic zones (SEZs)?**
Cayman's SEZs were established to stimulate economic growth, encourage direct foreign investment, and diversify the economy of t
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