Clients are reminded of the following important filing dates for Financial Institutions (FIs) under the CRS and FATCA Regime and Economic Substance regime filings with the Tax Information Authority in the Cayman Islands. Additionally, clients are...
Q1 2020 government filing deadlines for Economic Substance and Securities.
Economic Substance Notifications – Economic Substance Notifications were due to be filed via the General Registry on or before 31 January 2020. Such filing was a prerequisite to filing an Annual Return that was due by 31 March 2020.
Securities Investment Business Act ("SIBA") Deadline - Persons which carry on securities investment business but were registered as excluded from SIBA’s licensing requirements under Schedule 4 (“Excluded Persons”) and which desired to continue conducting securities and investment business in the Cayman Islands, were to re-register as “Registered Persons” with the Authority by 15 January 2020.
If you would like further information please contact:
Jon Mclean
Partner
Tel:(+1 345) 814 7930
jon.mclean@stuartslaw.com