Experience the Best of Corporate Business Services in Cayman With Us!

1. +1 (345) 949 4244 gbutler@ims.ky www.ims.ky

2. About Us International Management Services Ltd. (”IMS”), one of the oldest licensed financial service providers in the Cayman Islands (first licensed in 1974), has long been a premier provider of corporate services in the Cayman Islands. Having been in business since 1974, The IMS Group of companies has always been seen as a pioneer in the Cayman Islands, having formed one of the first Cayman hedge funds;  being the first provider of professional independent directors to Cayman Funds; forming one of the first Cayman captive insurance companies and incorporating thousands of Cayman companies along the way. www.ims.ky

3. Company Formation In over 35 years of operation IMS has formed thousands of companies on behalf of its clients. IMS has developed procedures and processes which enable it to arrange the registration of a Cayman company within 48 hours of receiving instructions provided all regulatory and compliance requirements are met. Our extensive expertise in this area not only enables us to advise clients on the type of company which will meet their needs but ensures that the formation process is quick and in full compliance with all regulations. www.ims.ky

4. The three types of most commonly registered companies in Cayman under the Companies Law are the Ordinary Resident Company, Ordinary Non-Resident Company, and the Exempted Company. • An ordinary resident company is usually formed for the purposes of carrying on local business in the Cayman Islands. In addition to the Companies Law, it is subject to the terms of the Local Companies (Control) Law 1995 which requires licensing, and the annual submission of a list of shareholders. Registration fees are payable on incorporation and annually. • An ordinary non-resident company is subject to the same rules as a resident company, but must not conduct any business within the islands. This form, or that of the exempt company, is the usual choice for offshore operations. The Financial Secretary will grant a certificate of non-residence if he is satisfied that the company does not and does not intend to trade onshore. The company is then relieved of the licensing requirement. • A Cayman Islands Exempt Company differs from a non-resident company in the following ways • An exempted Caymans company does not have to use Ltd or Limited in its name; • it may issue bearer shares in addition to registered shares, but they must be held by an authorized depositary; www.ims.ky

5. Cayman Fund Law The three types of regulated funds under the Law : Registered Funds : Require that either (a) the minimum subscription per investor must be at least U.S.$100,000 (or its equivalent in any other currency),  or (b) its equity interests be listed on a stock exchange approved by CIMA. Administered Funds : A mutual fund having more than fifteen investors and not  being a licensed or registered mutual fund will be an administered mutual fund (an “Administered Fund”) if its principal office in the Cayman Islands is provided by a mutual fund administrator licensed in the Islands. Licensed Funds : Unless a mutual fund is an administered, registered or is subject to an exemption, it must not carry on business in or from the Cayman Islands unless it has a mutual fund license and has either a registered office in the Cayman Islands or, in the case of a unit trust, has a trustee which is a local licensed trust company. www.ims.ky

6. Contact Us International Management Services PO Box 61 Harbour Centre, Grand Cayman KY1-1102, Cayman Islands +1 (345) 949 4244 +1 (345) 949 8635 gbutler@ims.ky www.ims.ky