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...
The Registrar of Companies and the Department for International Tax Cooperation (DITC) have extended the deadlines for entities to complete their annual returns and economic substance notification filings.
The annual return filing deadline has been extended until 30 June. The extension will apply to all companies, including limited liability companies and foundation companies. Penalties for failure to file will come into force on 1 July. As a result of the annual return extension for companies, the deadline for Economic Substance Notification (ESN) filings is now 30 June.
Further Information
Please contact your usual attorney at Stuarts should you require any specific information on economic substance in the Cayman Islands.