Cayman Foundations are flexible and commonly used for:
They combine elements of corporations and trusts, offering liability protection while supporting decentralized and community-driven governance models.
Foundations are often initiated by Senior Managing Officials (SMOs). While their roles are filed with the authorities, they are not publicly visible, helping maintain confidentiality for the project's community.
For Individuals (KYC)
For Companies (KYB)
Other Required Documents
To register a Cayman Islands Web3 Foundation, the following roles are required:
Otonomos guides you through the onboarding process and ensures all roles are correctly assigned.
Ongoing requirements are minimal and include:
There are no annual returns or audits unless required by the project's specific structure.
Otonomos simplifies the entire process by:
The Cayman Islands offer:
This makes Cayman an ideal jurisdiction for DAOs, crypto startups, and blockchain projects seeking decentralized governance and asset protection.
Our comprehensive Full Apostille KYC/AML Kit, available for a one-time fee of US$2,000, equips you with a certified or notarized set of essential corporate documents, potentially being vital for the onboarding process with banks, centralized exchanges, and Over-The-Counter desks. This indispensable KYC kit includes the Certificate of Incorporation, your entity's Constitution (M&A or Operating Agreement), the Register of Directors, and the Register of Members/Shareholders. With these vital documents at your disposal, you can confidently navigate the onboarding procedures, ensuring a more seamless and compliant entry into the financial landscape. Note this document suite is often required when opening a subsidiary of your company or when doing an asset pledge.
Express Filing of entity
Our Nominee Services extend to include the appointment of corporate director(s) to your entity, adding an additional layer of separation between you, the ultimate controller, and your company. Rest assured that our Corporate Directors operate exclusively under a signed Nominee Director Agreement, which ensures they cannot act on behalf of your company without explicit written instructions from you. It's essential to note that, if Otonomos is your chosen Nominee Director, our involvement is required for all processes related to opening bank and exchange/OTC accounts in accordance with our standard tariff. This arrangement guarantees your privacy and control while granting Otonomos corresponding information rights for a seamless and secure partnership.
Our nominee service provides you with a qualified representative to fulfill this mandatory role on your behalf, allowing your Foundation to operate seamlessly.
Let us help open an account with our partner Skyline Digital. Their solution allows you to make fiat payments directly from your wallet using crypto in a self-custodial way. Once the account is successfully established, we promptly transfer any login credentials to you, ensuring you gain quick access to your Skyline Account. Our service is to help open the account using your corporate documents, if we have a nominee position and you are looking to onboard this fee also includes our time to KYC as the nominee.
*Note US persons both natural and corporate are not able to onboard with Skyline Digital at this time
Spend dedicated time with our founder, Han, and tap into the collective wisdom of Otonomos. Drawing on experience across multiple jurisdictions and hundreds of entity formations, we help you evaluate structure, strategy, and geography to determine the optimal setup for your goals whether for asset protection, fundraising, or operational scalability.