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The Foundation Companies Law

Conyers Dill & Pearman (“Conyers”) has successfully incorporated The Conyers Dill & Pearman Foundation, being one of the first Cayman Foundation Companies to be established and incorporated under the Foundation Companies Law (“the Law”), which came into force on 18 October 2017.

A leader in Corporate and Private Client services, Conyers is well positioned to provide advice and assistance in respect of the incorporation and administration of Cayman Foundations and their application as flexible structuring tools for private clients or in commercial securitization transactions.

Creation of a Cayman Foundation

The Law is prescriptive as to the incorporation, administration and management of a Cayman Foundation. In establishing one, the drafter may choose to either convert a current Cayman exempted company to a Cayman Foundation, or to create an entirely new Cayman Foundation from scratch. In all cases, it will be a body corporate with separate legal personality and will have the capacity to sue and be sued and to hold property.

 

To continue reading full articles in PDF format:
The Foundation Companies Law

 


Robert Lindley
Counsel, Head of Cayman & BVI Private Client & Trust

Cayman Islands, British Virgin Islands   +1 345 814 7360


Bernadette Carey
Counsel

Cayman Islands   +1 345 814 7371


Kevin C. Butler
Partner, Head of Cayman Islands Office and Corporate Practice

CAYMAN ISLANDS   +1 345 814 7374


Paul Smith
Partner, Head of Cayman Islands Litigation & Restructuring Practice

Cayman Islands   +1 345 814 7777


Richard D. Fear
Partner

CAYMAN ISLANDS   + 1 345 814 7759


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"Few firms can come close to Conyers on one critical metric, and this is the breadth of the client base."
- IFLR1000

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Alerts

The Foundation Companies Law

Conyers Dill & Pearman (“Conyers”) has successfully incorporated The Conyers Dill & Pearman Foundation, being one of the first Cayman Foundation Companies to be established and incorporated under the Foundation Companies Law (“the Law”), which came into force on 18 October 2017.

A leader in Corporate and Private Client services, Conyers is well positioned to provide advice and assistance in respect of the incorporation and administration of Cayman Foundations and their application as flexible structuring tools for private clients or in commercial securitization transactions.

Creation of a Cayman Foundation

The Law is prescriptive as to the incorporation, administration and management of a Cayman Foundation. In establishing one, the drafter may choose to either convert a current Cayman exempted company to a Cayman Foundation, or to create an entirely new Cayman Foundation from scratch. In all cases, it will be a body corporate with separate legal personality and will have the capacity to sue and be sued and to hold property.

 

To continue reading full articles in PDF format:
The Foundation Companies Law

 


Robert Lindley
Counsel, Head of Cayman & BVI Private Client & Trust

Cayman Islands, British Virgin Islands   +1 345 814 7360


Bernadette Carey
Counsel

Cayman Islands   +1 345 814 7371


Kevin C. Butler
Partner, Head of Cayman Islands Office and Corporate Practice

CAYMAN ISLANDS   +1 345 814 7374


Paul Smith
Partner, Head of Cayman Islands Litigation & Restructuring Practice

Cayman Islands   +1 345 814 7777


Richard D. Fear
Partner

CAYMAN ISLANDS   + 1 345 814 7759