Trust: Cayman Islands: sourced answers
2 answers to specific questions — each with a verbatim quote from an official source and a link to it.
Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.
Legal form in a country
What state (regulator) fee is paid on setting up or moving in the structure
Applies when: private trust company acting as trustee
CI$3,500 on registration
«d is registered under paragraph (2), does not require a licence to carry on connected trust business. (2) For the purposes of paragraph (1), a private trust company shall register with the Authority and, in order to be registered, shall, at the time of registration and on or before the 31st day of January every year thereafter during the continuation of the registration — (a) file with the Authority an annual declaration in such form as the Authority may approve, declaring — (i) the name of the private trust company; (ii) the names and addresses of the directors of the private trust company; (iii) the names and addresses of the shareholders or members, if any, of the private trust company; (iv) the name of the holder of the Trust licence providing the registered office of the private trust company; (v) that the company is a private trust company to which paragraph (1) applies; and (vi) that the company is in compliance with the requirements of these regulations; …»
Source: cima.ky · source copy as of 2026-10-03
What is the maximum duration of the structure (where limited)
150 years
by default
«c Perpetuities Act (2025 Revision) Section 13 13 Non-application to certain trusts, etc. 13. (1) Notwithstanding anything contained in this Act, the rule against perpetuities does not apply to a trust or power subject to Part 8 - Special Trusts Alternative Regime of the Trusts Act (2021 Revision). (2) If a power subject to Part 8 - Special Trusts Alternative Regime of the Trusts Act (2021 Revision) is exercised to create a trust or power not subject Part 8 - Special Trusts Alternative Regime of the Trusts Act (2021 Revision), for the purpose of the rule against perpetuities as it applies to the trust or power so created, the first-mention»
Source: gov.ky · source copy as of 2026-10-03
«ion is void for perpetuity or liable to become void for perpetuity. 5 Perpetuity period 5. (1) Subject to subsections (2) to (4), the perpetuity period applicable to a disposition is the period of one hundred and fifty years commencing at the effective date of the instrument by which the disposition is made. (2) In the case of a disposition of an interest which is unconditionally revocable (which is to say that the disponer may, in the disponer’s sole discretion, revoke the interest and vest it in themselves) the perpetuity period commences when the interest ceases to be unconditionally rev»
Source: gov.ky · source copy as of 2026-10-03
«Islands. 19. Dispositions to which the rule against perpetuities does not apply 19. (1) Notwithstanding anything contained in this Act, where — (a) a disposition is made by an instrument which comes into effect on or after 22nd August, 2024, the date of commencement of the Perpetuities (Amendment) Act, 2024 [Act 7 of 2024]; and (b) the disposition does not relate to a trust which holds land in the Islands or any interest in land in the Islands, the instrument by which the disposition is made may by its terms provide that the rule against perpetuities does not apply to that disposition. (2) Land in the Islands or an interest in land in the Islands shall not be subject, directly or indirectly, to a disposition in respect of which the rule against perpetuities does not apply. (3) Notwithstanding subsection (2), a disposition in respect of which the rule against perpetuities does not apply may relate to a trust that holds an interest in a company, partnership or other entity which holds land in the Islands, or an interest in that land, for the purposes of its business. (4) Subject to section 13(1), where an instrument referr»
Source: gov.ky · source copy as of 2026-10-03
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