Knowledge Base

Economic Substance in the Cayman Islands

The Cayman Islands has comprehensive legislation and regulations requiring legal entities domiciled or registered in the jurisdiction and carrying on certain activities, to have demonstrable substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018, and the regulations which fall under that law, are in place to safeguard the reputation of the Cayman Islands and uphold good business practices. The legislation is to ensure that...

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For accounts preparation for the Companies Law Act and Economic Substance Return, contact us on [email protected], +1 (345) 547-0564, or visit the Contact page.