[alephnerd]

Cayman Islands is a member of the UK.

[splix]

But it's not the UK, right? I mean I cannot incorporate in UK and then say it's a Cayman Islands company for YC purposes (i.e., without incorporating another entity to own the first)

[alephnerd]

When you incorporate in the "UK" you incorporate in England, Scotland, Wales, Northern Ireland, Jersey, Isle of Mann, etc.