Independent journal on economy and transport policy
06:58 GMT+1
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the government of the Islands Cayman gives the go-ahead free to the institution of Maritime the Services Park
It will accommodate companies of the shipping that they will make sure so a favorable fiscal regime and of other benefits
June 24, 2015
Important deliveries of world-wide the shipowning industry, constituted from companies that have less and less ties with the economic woven one of the nations that they accommodate to them, are continuously to the opportunity search in order to reduce the cargo of the taxes on the company. An innovation is not sure that these frequent tax havens that number societies of the shipping between their more become attached customers.
One of these paradises, the Islands Cayman, has decided to offer ulterior specific services for the shipowning companies and to the societies of the marine world, to the aim to widen the circle of this faithful customers. The local government in fact has approved of the institution of a special economic zone dedicated to the society that offers services to the shipping. Draft of the Maritime Cayman Services Park, that it will be localized in the within of the widest Special Economic Zones of Cayman Enterprice City (CEC) and that will accommodate the offices of this type of companies that - it has emphasized the executive - will benefit so of the regime of tax neutrality of the Caymans let alone of a reduction of the bureaucratic burdens, of administrative taxes more lowlands and than absence of taxes on the working papers.
The government has specified that in new Maritime the Services Park shipowning societies, broker, holding companies will be able to be installed and of commerce, logistic companies and society of shipmanagement, search and advising society that operates in the field of the shipping.
Expressing satisfaction for the decision of the government, the managing director of Cayman Enterprise City, Charli Kirkconnell, has announced that the CEC "is already advanced phase of negotiations with a sure number of customers who are interested to having a presence in Maritime the Services Park". Kirkconnell has specified that between the companies of the shipping and the suppliers of services to the marine field there is a "remarkable desire" to install their headquarters in the Islands Cayman.
Maritime the Services Park will be the sixth specific park of Cayman Enterprise City, than currently it accommodates altogether 154 companies.
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