Applications

The Cayman Islands Directors Association is an association of individuals who hold office as directors of one or more Cayman Islands registered companies. In addition, the applicant must be resident in the Cayman Islands.

In order to apply, in addition to being a director of a Cayman Islands company, you must:

a) be an employee of a Cayman financial services company licensed by the Cayman Islands Monetary Authority or

b) be an individual whose membership application is sponsored by at least two existing CIDA members.

Please CLICK HERE for our Memorandum and Articles of Association. Please refer to Article 5 for qualification for membership requirements.

Please note the Articles of Association have been amended to remove the audit requirement a copy of which can be found HERE.

The fees for membership are CI$50 for processing the application and CI$125 per annum subscription (a total of CI$175 upon acceptance of the application). Fees are payable after the application is approved and within one month of being accepted as a member. Fees for membership are billed on a calendar year basis and are not pro-rated for partial year membership.

Persons wishing to join the Association should complete the below form:

FORM A — Employed by a licensed entity

Use this form if you are employed by a Cayman Islands financial services company licensed and regulated by CIMA as a Company Manager, Insurance Manager, Administrator, or Bank & Trust. Not for SIBA-registered persons — use Form B. Submissions go to membership@cida.ky.

Applicant

Full name *

Date of birth *Internal verification only. Never published.

Phone *

Full address including PO Box *

Work email *Used as the primary contact and reply-to.

Personal email

Licensed employer

Licensed employer name *CIMA-licensed Company Manager, Insurance Manager, Administrator, or Bank & Trust. Not a SIBA-registered person.

Licensed employer CIMA licence number *

Act as a director as a professional service to clients? *

Yes
No

Employer approver name *

Employer approver email *

Education and qualifications

University degree (if any)

Name and country of issuing university

Professional qualifications and regulating body

Eligibility

Caymanian, Permanent Resident, or on a work permit, AND resident in the Cayman Islands for at least six months of the year. Unless you are Caymanian and operate from the SEZC, non-standard residency should first be raised with membership@cida.ky.

Cayman resident as defined above? *

Yes
No

Director of one or more Cayman Islands companies? *

Yes
No

Declaration and signature

I the Applicant, hereby apply for membership of the Cayman Islands Directors Association Ltd. (CIDA) and if accepted I hereby agree:

to contribute to the assets of CIDA such sum as may be required but not exceeding one Cayman Islands Dollar (CI$1);
to abide by the Articles of Association of CIDA;
to abide by the CIDA Code of Conduct as may be updated from time to time; and
to pay the acceptance fee and first year membership (currently CI$175).

I agree to the statement above, including payment of CI$175 upon acceptance. *

Typed signature (Electronic Transactions Act (as revised)) *Type your full name as your electronic signature.

Required fields marked *. Date of birth is for internal verification only. Fees (CI$50 processing + CI$125 annual subscription = CI$175) are payable only after acceptance, within one month, and are billed on a calendar year (not pro-rated). CIDA does not collect payment on this form. Personal data submitted on this form is processed in accordance with CIDA’s Data Protection Policy.

FORM B — Not employed by a licensed entity

Use this form if you are not employed by a CIMA-licensed Cayman financial services company of the types in Form A. You need two existing CIDA members as sponsors. Submissions go to membership@cida.ky.

Applicant

Full name *

Date of birth *Internal verification only. Never published.

Phone *

Full address including PO Box *

Work email *Used as the primary contact and reply-to.

Personal email

Education and qualifications

University degree (if any)

Name and country of issuing university

Professional qualifications and regulating body

Eligibility

Caymanian, Permanent Resident, or on a work permit, AND resident in the Cayman Islands for at least six months of the year. Unless you are Caymanian and operate from the SEZC, non-standard residency should first be raised with membership@cida.ky.

Cayman resident as defined above? *

Yes
No

Director of one or more Cayman Islands companies? *

Yes
No

Sponsors

Two existing CIDA members. See the directory at cida.ky/members.

Sponsor 1 name *

Sponsor 1 email *

Sponsor 2 name *

Sponsor 2 email *

Declaration and signature

I the Applicant, hereby apply for membership of the Cayman Islands Directors Association Ltd. (CIDA) and if accepted I hereby agree:

to contribute to the assets of CIDA such sum as may be required but not exceeding one Cayman Islands Dollar (CI$1);
to abide by the Articles of Association of CIDA;
to abide by the CIDA Code of Conduct as may be updated from time to time; and
to pay the acceptance fee and first year membership (currently CI$175).

I agree to the statement above, including payment of CI$175 upon acceptance. *

Typed signature (Electronic Transactions Act (as revised)) *Type your full name as your electronic signature.

Required fields marked *. Date of birth is for internal verification only. Fees (CI$50 processing + CI$125 annual subscription = CI$175) are payable only after acceptance, within one month, and are billed on a calendar year (not pro-rated). CIDA does not collect payment on this form. Personal data submitted on this form is processed in accordance with CIDA’s Data Protection Policy.