Cayman Islands Phone Directory

The Cayman Islands is a small archipelago situated in the Caribbean Sea, next to Jamaica and Cuba, and is a British overseas territory that became one of the largest offshore financial centers of the world. An offshore financial center is place where taxes are very low, and where employees provide commercial services for foreign companies. The reason why a company would want to register in such a country is a financial one: taxes are very low here, and if your head office is situated in such an offshore center your whole company will benefit from the same tax system. This is why the Cayman island phone directory is a huge book, while the actual population of the country is 56,000 people.

The person who discovered this island in the 15^th century was Christopher Columbus, and he named it Las Tortugas, after the sea turtles that he found here in a very large number. The name of Cayman was given later by a British explorer and this time the island was named after the Caymans (a species of crocodile) that he found here.

The first inhabitants of the island were outlaws of the 17^th century, like pirates, refugees from Europe, deserters from various armies and slaves. Most of them were either African or British, and the Cayman Islands phone directory still contains both types of names, although the two different nations mixed in the mean time. The Cayman Islands have registered more companies than their entire population.

The people here are a mix of more than a hundred nations, because many people come here to work from all over the world. There is registered immigration from the entire globe, even from the nearby islands, because here is the highest standard of life from all over the region. Companies registered here save a lot of money from avoiding paying taxes, so they can afford to pay a high wage just to be sure that their business is in good hands.  One man has to take care of more companies, so the law is especially very simple here, in order to attract companies which will bring a lot of profit to this island which has no other means of living.

People are very serious and hard working here, that is why the island started doing nothing more that taking care of offshore companies. You will be surprised to find out that a lot of big companies have an office open here, because all the people prefer not giving away the money on taxes and duties. It is not an illegal procedure, but it is a way of avoiding the financial law from a particular country by paying a high wage to a local which will take care of your business.