Our Services

Jump to: HR | Accounting | Economic Substance

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HR

Atlas Cayman Ltd. is an independent consulting agent located in the Cayman Islands that provides HR compliance, payroll and benefits, work permit administration and finance for Cayman Islands businesses.

Cayman Islands payroll and work permit compliance is a vital service for HR teams and business owners. Not complying with the Cayman Islands Immigration, Pension, Labour, and Health Insurance Acts can very quickly get you into hot water with the relevant authorities potentially resulting in warnings and or fines or the refusal of work permits.

Our HR Compliance team members have 20 years-experience in dealing with this complicated segment of day-to-day business in the Cayman Islands and are here to provide expert assistance to let you focus more of your time and resources on the growth of your business. Atlas Cayman also has qualified accountants on staff available to help you with account preparation services and is a registered member of CIIPA.

HR services offered:

  • Payroll management
  • Pension and Health Insurance benefits administration
  • Cayman Labour, Pension, Immigration and Health Insurance Act Compliance
  • Cayman Islands Work Permit preparation, submission, and ongoing maintenance and tracking
  • Cost projections and balance sheets
  • Financial statements required for economic substance returns and compliance with the Cayman Islands Companies Act

Accounting

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.

Our specialist accounting team will prepare the financial statements required for economic substance returns and compliance with the Companies Law (2007 Revision).

Atlas Cayman Ltd. is a registered member of CIIPA.

Economic Substance

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.

Read more about economic substance >>

Meet Atlas Cayman’s chartered accountants >>