Doing Business on the Brac

Known for our peaceful, natural and social environment, the resilient infrastructure of Cayman Brac also beckons investors seeking expansion into a growing marketplace. Available real estate, a growing professional workforce, and a friendly, safe community enhance the quality of living and working on the Brac.

Further developments in Cayman Brac’s world-class technology infrastructure ideally position us to service businesses requiring advanced information technology and disaster recovery services. The evolving e-friendly business environment provides for a high-tech workplace that can meet the expectations of both businesses and their employees. With the recent surge in business interests on The Brac, there are also a wealth of opportunities and untapped potential for financial services companies to expand to our island.

The Cayman Islands Government is committed to encouraging business development on Cayman Brac, and has put several incentives in place for investors and entrepreneurs. These incentives include:

• Up to 75% reduction on Work Permit fees
• 50% reduction in Trade & Business License fees
• Duty concessions of 100% on building materials
• Duty concessions of 75% on gasoline
• Concessions on Stamp Duty for land transfers
• Concessions on specific licenses

Any company wishing to do business on Cayman Brac should contact one of the following for detailed information.

Department of Commerce & Investment*: http://www.dci.gov.ky
*(formerly Cayman Islands Investment Bureau)
Cayman Islands Chamber of Commerce: www.caymanchamber.ky
Brac Informatics Centre: www.bic.ky