Price Adjustment for Cayman Islands’ Company Formation Services

Dear Valued Customers,

We would like to inform you that BBCIncorp will be making a price adjustment for our Cayman company formation services, which will be effective from December 1, 2023. This decision has been made after careful consideration of various factors, including recent government regulatory changes impacting the Cayman Islands.

The Cayman Islands Government has recently implemented an increase in annual fees for specific types of companies, including Exempt Companies. This change reflects the government’s ongoing commitment to improving the service delivery of the Companies Registrar over the past decade. For more detailed information regarding the government’s decision, we encourage you to visit this link.

As a result of these regulatory changes, we have revised our pricing for the Cayman company formation package for Exempted Company Limited by Shares as follows:

• Basic Package: $2,599
• Standard Package: $2,999
• Premium Package: $3,299
• Annual Renewal Fee: $2,599

We understand that pricing adjustments may cause inconvenience. However, they are necessary to align with the changes in government regulations and ensure that we continue to offer you top-quality services for your company formation needs in the Cayman Islands.

We sincerely appreciate your trust in our services, and we are here to assist you with any questions or concerns about the new pricing. Please feel free to reach out to our dedicated customer support team, who will be happy to assist you.

Thank you for your attention to this matter, and we look forward to working with you in the future.

Sincerely,

BBCIncorp Limited.