Three Islands, Grand Cayman, Cayman Brac and Little Cayman, form the Cayman Islands. The largest is Grand Cayman. Grand Cayman is located approximately five hundred miles south of Miami, Florida.

The Islands are a British Dependent Territory. Representative government was introduced in 1832 and today the Islands have a high degree of internal autonomy.

The Islands have enjoyed a tax-free status since the late seventeenth century. Confidentiality is respected and enforced by law. The Islands have a modern Trust Law and Companies Law. In the Cayman Islands none of the following taxes are levied on individuals, trustees or corporations: income tax, corporation tax, capital gains tax, value added tax, estate duty, legacy duty or inheritance tax, gift tax, sales tax, land tax.