Atlas Cayman’s services will help you, or your registered office director, with timely and cost-effective accounts preparation for low transaction entities such as holding companies registered in the Cayman Islands.
Atlas Cayman Ltd. is a registered member of CIIPA.
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, or physical presence, 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 certain income streams are based on local activity in the jurisdiction, substantiating an overseas company having a presence in the Cayman Islands.