Cayman professional fund FOR FREE

[JohnnyDoe]

I give away an empty Cayman professional fund for free. You will only have to pay legal/professional fees to whichever service provider you choose for formalizing the transfer.
The fund sits unused since 2019. It has no assets, no liabilities, no bank accounts.
This offer is valid until 16 December 2022, when I will file for strike off.
PM for more info.

 

[wellington]

Ever used for anything 'grey' or 'black'?

Renewal costs?

Ease of opening banking remotely? -> any relationship that can be harnessed?

 

[JohnnyDoe]

It is a professional fund with administrators, auditors, CIMA control etc. Nothing can be done that is not 100% kosher.

Costs depend on the corporate service provider you choose, lawyers, administrators, AUM etc. Around $10k per year if you just keep it dormant.

You could reopen accounts with banks that were previously used: BMO, Silvergate etc.

It was previously used for crypto investments but you can change the OM as you like if you want to do something different.

If you keep the current service providers, the bill is $13,706 to be paid directly to them.

 

[JohnnyDoe]

UPDATE: I will PAY YOU $1k to take the fund (since it's still less than the cost for closing it).

 

[latindev]

Can the fund accept money from non-accredited investors? The $13,706 the current provider charges includes what? You can send me the data in a PM if you don't want to make it public

 

[JohnnyDoe]

Can the fund accept money from non-accredited investors?

No, it is a professional fund, as defined by CIMA

The $13,706 the current provider charges includes what? You can send me the data in a PM if you don't want to make it public

Legal and administrative fees to bring the fund in good standing and ready to resume operations.

 

[dailycontractor]

Hey I would like to know the details, maybe interested for a client, shareholder capital is required?

Thanks

 

[JohnnyDoe]

Hey I would like to know the details, maybe interested for a client, shareholder capital is required?

Thanks

Shareholder capital is not required. I will pm you

 

[cryptounions]

I give away an empty Cayman professional fund for free. You will only have to pay legal/professional fees to whichever service provider you choose for formalizing the transfer.
The fund sits unused since 2019. It has no assets, no liabilities, no bank accounts.
This offer is valid until 16 December 2022, when I will file for strike off.
PM for more info.

hi, is this fund still available?

 

[JohnnyDoe]

hi, is this fund still available?

Yes

 

[JohnnyDoe]

Fund is SOLD