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...
Funds with a financial year end ("FYE") of 31 December 2014 are required to file audited financial statements and a FAR form with the Cayman Islands Monetary Authority (the “Authority”) through the Authority's online portal by 30 June 2015.
However, the filing deadline has been extended by one (1) month to 31 July 2015 for all such funds. Funds with FYEs falling subsequent to 31 December 2014 are still obligated to file within six (6) months of the FYE or submit an extension request and pay the requisite fee.