CAYMAN ISLANDS: the evolution of the Cayman Islands Foundation Company

Abstract Since their introduction in 2017, foundation companies have been promoted as a valuable addition to the extensive suite of sophisticated legal structures available in the Cayman Islands, which can be tailored to meet the diverse needs of international private clients. In practice, foundation companies have proven themselves as structures of choice for, among others, high-net-worth individuals, entrepreneurs, dealmakers, family offices, and charities alike. Their extensive utility has exceeded expectations and cemented the Cayman Islands foundation company as a key component of modern cross-border structuring.