E-commerce is the marketing, ordering and sale of goods and services over the internet.  E-commerce transactions may be  business to customer or business to business.  The range of goods and services that can be bought or sold by e-commerce would  appear to be without limit.  The potential size of the market is enormous.  It has been estimated that  revenues from  e-commerce are over US$1 Trillion. 

 E-commerce offers sellers of goods and services significant benefits when compared with conventional selling methods, the most  significant of which are cost saving, greater flexibility and access to a truly global market place.  For e-commerce businesses offering  digitised products and services (such as computer software which the purchaser can download through the internet) virtually no  physical presence is necessary.  Even for e-commerce businesses which are offering tangible goods (such as books, electrical goods  etc) the “physical portion” of the business e.g. warehousing and delivery, can be readily outsourced. 

 The lack of a requirement for “bricks and mortar” makes the Cayman Islands an ideal location for those looking to establish e-commerce businesses.  Within our own firm we have seen huge interest in this area, not  only from entrepreneurs considering business start ups which are ideally suited for e-commerce but also from established onshore  businesses looking to exploit their existing range of goods or services through a parallel e-commerce operation. 

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International Management Services Ltd
P.O. Box 61, 
Harbour Centre
George Town, 
Grand Cayman, 
Cayman Islands 

Phone:  345 949 4244 
Fax:  345 949 8635 
Email: ims@candw.ky
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