Tencent, Baidu, Country Garden, Li Ning and Anta are all registered in the same place, because the Cayman Islands is a "tax haven" and a British colony, but it enjoys great autonomy in domestic affairs.
1978, the Cayman Islands obtained a royal decree, which stipulated that the Cayman Islands would be permanently exempted from tax liability. In other words, people, companies and organizations in the Cayman Islands are completely exempt from direct taxes. Since then, it has been called "tax haven".
In 2009, the total registered hedge funds in Cayman Islands reached 2.3 trillion US dollars, ranking first in the world. The local population is less than 52,000, but citizens' income ranks 12 in the world. The living standard of the residents in the areas listed by the Organization for Economic Cooperation and Development as the blacklist for assisting illegal tax avoidance is quite high. The government provides perfect welfare measures, and almost no one is unemployed.
Brief introduction of Cayman Islands
Christopher Columbus discovered the Cayman Islands in his fourth expedition to the New World and named it Turtle Island on May 1503. According to historical records, the British navigator Francis Drake arrived at the island on 1586 and named it Cayman Islands. 1670 became a British colony with Jamaica and was under the jurisdiction of the Governor of Jamaica. 1962 After independence, Jamaica became a British colony.
At first, because there were many turtles in the surrounding waters, the Spaniards called them Las Tortu Gass. Later, the local crocodile (called Cayman in Spanish) was named Cayman at 1530. Located in the Caribbean Sea, the Cayman Islands is 268 kilometers northwest of Jamaica and 640 kilometers south of Miami. It consists of three main islands, including Grand Cayman, little cayman and Cayman Brac.
After the Madrid Treaty ceded Jamaica to Britain, the first permanent settlement was built on Grand Cayman. Most of the people who settled here were British sailors, privateers, shipwrecked passengers and African slaves, and landowners granted by the Jamaican government. The remote geographical location and 1835 the integration of all ethnic groups after the liberation of slaves have made the Cayman Islands a harmonious society in social life.