The Cayman Islands are a British overseas territory situated in the western Caribbean Sea.
Tourism and offshore financial services are the most important sectors of the Cayman Islands' economy. The Islands are one of the major international financial centers.
Withholding tax rates in the Cayman Islands are 0.0-0.0 %. the Cayman Islands signed 1 double taxation agreements.
Cayman Islands signed the automatic information exchange agreement on 29 October 2014 and committed to start the automatic information exchange in September 2017.
Cayman Islands has FATCA agreement with the U.S. in effect since 29 November 2013 (Intergovernmental Agreement Model 1).
There are more than 150 banks registered on the Cayman Islands, including over 40 banks of the top 50 banks of the world.