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Cayman Enterprise City
Cayman Enterprise City is a development project which consists of three special economic zones focused on attracting knowledge-based and specialized-services businesses to set up a physical presence in the Cayman Islands. It is a government initiative that has been outsourced to Cayman Enterprise City, a privately owned development company. To facilitate the development of special economic zones in the Cayman Islands, special economic zones laws were enacted in September 2011 and February 2012. The government established the Special Economic Zone Authority ("SEZA") as the licensing and regulatory body. Background The Cayman Islands is an international finance center and tourist destination, and Cayman Enterprise City was developed to expand and diversify the economy by attracting new knowledge-based industries to the islands. A further objective was to create new technology-focused careers and to transfer knowledge to locals. Cayman Enterprise City has strategic partnerships with ...
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Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico's Yucatán Peninsula. The capital city is George Town on Grand Cayman, which is the most populous of the three islands. The Cayman Islands is considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is a major world offshore financial centre for international businesses and wealthy individuals, largely as a result of the state not charging taxes on any income earned or stored. With a GDP per capita of $91,392, the Cayman Islands has the highest standard of living in the Caribbean. Immigrants from over 130 countries and territories reside in the Cayman Islands. History No archaeological evidence for an indigenous ...
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University College Of The Cayman Islands
The University College of the Cayman Islands (UCCI) is a tertiary educational institution in the Cayman Islands. History The original Community College was established as a part-time institution in 1975, and was the first government-sponsored tertiary education in the Cayman Islands. The Trade School, the Hotel School and the Marine School were founded between 1976 and 1981. In 1985 all of these institutions were amalgamated as the community College of the Cayman Islands. In 2004 the Legislate Assembly passed an Act changing the name to the University College of the Cayman Islands. Courses The college offers certificate programmes in Accounting, Computer Technician, Electrical Technology, Computer Applications, Construction Technology and Hospitality Studies. UCCI works with the Cayman Islands Society of Professional Accountants (CISPA) in defining the college's accounting programme, and as of September 2007 to offer Certified Public Accountant (CPA), Certified General Ac ...
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FDi Magazine
''fDi Intelligence'' is an English-language bi-monthly news and foreign direct investment (FDI) publication, providing an up-to-date review of global investment activity. The A4 glossy pages reach a circulation of 15,488 ABC audited, active corporate and crossborder investment professionals across the world. fDi Intelligence is a central part of the fDi Intelligence portfolio of investment products and services from the ''Financial Times''. Features ''fDi Intelligence'' focuses primarily on FDI news and in-depth analysis of the corporate investment climate across many sectors. Regular columns comprise the following: FDI Report and Rankings fDi Intelligence publishes an annual fDi Report which provides an overview of the global FDI statistics as well as a breakdown of the current picture in key regions like Asia-Pacific, Europe, North America, Latin America & the Caribbean, Middle East & Africa, and the BRIC BRIC is a grouping acronym referring to the developing countri ...
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Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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