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Reminder: The deadline for submitting your Cayman ES Annual Return is approaching. Avoid late penalties of CI$5,000 plus CI$500 per day. Portcullis offers a filing service to assist with timely submission.

The Cayman Islands enforces new Private Funds Regulations requiring annual returns and notifications for non-capitalised funds. Filing deadlines are extended until forms are finalised. Learn more about compliance requirements and filing fees.

Entities in the Cayman Islands conducting relevant activities must submit Economic Substance Returns via the DITC Portal. Portcullis offers filing services and outlines how to appoint secondary users, submission requirements, and penalties for non-compliance.

Cayman’s Registrar of Companies is now enforcing the Beneficial Ownership Regime, issuing penalties and warnings to companies that fail to maintain accurate records of their ultimate beneficial owners.

The DITC announces key Cayman updates: 2019 CRS Compliance Form deadline extension, new Economic Substance functions on the portal, OSP registration, and first-year ES filing timelines.

The DITC announces updates to Economic Substance reporting, including new portal availability and extended deadlines for the first reporting year. Read the full advisory here.

The DITC has updated Economic Substance return samples and clarified filing requirements for tax-resident entities. Access the latest forms and industry advisory here.

Cayman entities conducting Relevant Activities must file an Economic Substance Annual Return via the DITC Portal. Learn about requirements, deadlines, and support options.

Seychelles enforces new Beneficial Ownership Regulations from 28 August 2020, requiring legal entities to maintain and submit a register of beneficial owners. Learn about compliance obligations, definitions, and penalties.

Explore how Singapore’s Variable Capital Company (VCC) structure is reshaping its asset management landscape. Allard de Jong of Portcullis discusses its benefits, challenges, and future impact on fund managers in Asia.

Portcullis outlines new Cayman Islands regulatory fees, including a USD183 CIMA management license and a USD350 compliance support fee for economic substance and beneficial ownership filings from 2021.

The Cayman Islands Government supports the UK’s move towards public registers of company beneficial ownership, reinforcing global transparency and efforts to combat illicit finance.

The Cayman Islands’ Companies (Amendment) (No. 2) Law, 2020 introduces new obligations on CSPs, administrative fines, and enforcement powers concerning beneficial ownership registers and non-compliance penalties.

The Cayman Islands has introduced new legislation to regulate virtual asset service providers, enhancing its fintech framework and requiring licensing or registration for crypto-related businesses.

Seychelles companies must comply with statutory record-keeping and filing obligations, including updated rules on registers, meeting minutes, and accounting records. Government fee revisions apply from 1 April 2020.

Reminder for Cayman companies to meet extended deadlines for Annual Return, Economic Substance Notification, and updates to Beneficial Ownership and Members Registers by 30 June 2020. Penalties apply from 1 July.

Cayman Islands updates the definition of “beneficial owner” from “more than 25%” to “25% or more” of shares or voting rights. Ensure your registers are updated accordingly.

The Cayman Islands extended deadlines for annual fees, annual returns, Economic Substance Notifications, and beneficial ownership filings due to COVID-19. Learn more and access official circulars.

Singapore’s VCC framework offers fund managers flexibility across fund types and access to tax exemptions. Learn how Portcullis supports VCC setup, administration, and compliance end-to-end.

BVI issues a second revision of its Economic Substance Rules with clarifications on compliance plans, tax residency, IP holding, outsourcing, and more. View the full update published on 10 February 2020.

This circular from Portcullis explains how financial periods are determined under BVI Economic Substance law and outlines key reporting deadlines for entities conducting or not conducting relevant activities.

Effective 1 April 2020, the Seychelles FSA has revised incorporation, annual, and late renewal fees under the International Business Companies Act. Portcullis service fees will increase by USD55 per company. Learn more about the updated charges.

In December 2019, the BVI implemented significant legislative changes impacting business companies, funds, partnerships, and anti-money laundering rules. Learn how new regulations affect registers of directors, economic substance, closed-ended funds, and foreign fund recognition.

The Cook Islands has passed new legislation to address EU concerns regarding its tax regime. Read the official media release outlining the changes and their implications.

The Cayman Islands Registry’s 2019 policy outlines annual fee obligations for companies in liquidation. Companies filing by 31 January avoid fees; later filings incur full annual fees. View the full notice online.