There is no real operational business advantage in opening a business in Cayman Islands as opposed to the US. In fact operationally you are probably better off in the states. From a strategic viewpoint though, you may want to have a holding company here in Cayman Islands, that owns all your businesses internationally as there is no corporate tax here. So basically each of your business units will pay dividends to the Cayman Holding company annually (net of taxes in Spain, the US or wherever else you operate). Once the money is here in Cayman, any interest or income earned on that money will never be taxed her. So essentially, the Cayman Islands are only of value once you have money as opposed to when you are trying to set up a business.

Going off topic, there are many Spanish speaking people here on island who struggle with english and find it hard to get a good job or be promoted because they are not fluent in English.

Hope this helps

James

While the world continues with its idiotic, discredited policy of prohibition, the drugs trade will continue to bring death and misery to this island paradise.

Legalise, regulate, tax – that way you pull the rug from under organised crime and you have a chance to minimise the harm that drugs cause.