THE CAYMAN ISLANDS

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CAYMAN ISLANDS STRUCTURE

Choose the type of company you are changing board member in

Pursuant to the Companies Law (2016 Revision) of the Cayman Islands, an Exempted Company must have the following organizational structure:

  1. A Board of Directors only.
Please see "Board of Directors" below for a more in-depth description of the structure, including how to change the respective board members.

For a description of how to change the respective board members, please see the individual steps below.
As all information on how to change board members in The Cayman Islands on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice before actually changing any board members in The Cayman Islands.

Pursuant to the Limited Liability Companies Law, 2016 of the Cayman Islands, a Limited Liability Company may have one of the following organizational structures:

  1. One or more Managers only.
  2. A majority of Members only.

Please see, respectively, "Managers" and “Members" below for a more in-depth description of each structure, including how to change the respective board members.


For a description of how to change the respective board members, please see the individual steps below.
As all information on how to change board members in The Cayman Islands on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice before actually changing any board members in The Cayman Islands.

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Walkers has provided all input about changing board members in the Cayman Islands.

Walkers is a leading international law firm. We provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers. Walkers is consistently ranked in the top tier of the leading global legal directories. Recognized for being a 'dynamic team that is very user friendly', a regular comment by clients is that Walkers is the "go-to" firm for offshore legal advice.

For more information about Walkers and changing board members in the Cayman Islands, please contact our Partner directly.

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