Economy
One Cayman Islands building has 18,000 company addresses
HERE’S THE INTERESTING PART
There is a single five-story office building in the Cayman Islands called the Ugland House that is the registered address for over 18,000 corporate entities. It's not a bustling metropolis of commerce; it's just a legal fiction used by multinational corporations and the ultra-wealthy to park an estimated 10% of the world's GDP away from domestic tax authorities.
One discovery leads to another.
Keep exploring facts in this topic.
Economy →
