The financial services sector is one of the main industries in the Cayman Islands, and there is a substantial commitment by the government to the continued development of the offshore financial services industry
Since our Cayman Islands Beneficial Ownership Regime Alert in May 2017, the Cayman Islands Government has amended the beneficial ownership regime under the Companies (Amendment) (No. 2) Law, 2017 and the Limited Liability Companies (Amendment) (No.3) Law, 20171 and has issued further regulations...
The Companies Law (Revised) (Companies Law) distinguishes between local ordinary companies, which are generally required to be majority owned by Caymanians, and exempted companies, which are not. Only local companies can carry on and compete for business within Cayman. Exempted companies, while resi...
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This alert is intended to aid businesses that may have obligations to report information under the Tax Information Authority (International Tax Compliance) (Country-by-Country Reporting) Regulations, 2017 (“CbCR Regulations”), which were issued by the Cayman Islands on 15 ...
The most remote of the Caribbean islands, the isolation has stifled cricket's development. Played only on Grand Cayman, the largest of the islands, the game was limited to one ground - which doubled as a football field - until the 1970s when the Smith Road Oval was built. The purpose-...
Islands as the country's National Airline. Cayman Airways was established and started operations on August 7, 1968. It was formed following the Cayman Government's purchase of 51% of Cayman Brac Airways from LACSA (the Costa Rican flag carrier) and became wholly government owned in December ...
Discover premier medical tourism in the Cayman Islands, offering cutting-edge regenerative medicine, anti-aging, stem cell therapy, and more for patients from Canada, Latin America, and the Caribbean.
the status of cryptoassets. Judgments in the English courts are persuasive authority in the Cayman Islands and recent reported English court decisions support the interpretation that cryptoassets are a form of movable property, affirming that cryptoassets can be owned, transferred and used as security...
Minimum company management requirements:Cayman Islands company incorporationis possible with only one shareholder and one director. The shareholder and director can be the same individual or a legal entity, and the company can be owned 100% by a foreign citizen; ...