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CEC helping to solve economic substance requirements in the Cayman Islands

As advancements in technology continue to enhance businesses’ ability to operate from almost anywhere in the world, legislators continue to push for modernising tax laws, increasing regulations, and seeking new ways to deal with the potential profit shifting associated with the exploitation of intangible assets. The taxation of “intangibles” (including intellectual property rights such as trademarks, patents and copyrights) is an important topic, particularly for businesses that conduct their affairs through low-tax or tax-neutral jurisdictions such as the Cayman Islands.

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The Cayman Islands’ statutory merger regime is set out in the Companies Act (the Companies Act) and the Limited Liability Companies Act (the LLC Act) which provide a...
This legal guide provides an overview of how the Cayman Islands’ data protection regime operates and what in scope entities need to have in place to ensure they are...
Harneys’ Private Wealth practice advises individual and commercial clients on the establishment, administration and structuring of all types of BVI and Cayman Islands...
At Harneys, we are often approached by the founders of start-ups, their investors and their onshore advisors looking for a steer on whether (and where) to incorporate,...
This Guide outlines the procedure for a voluntary liquidation of a solvent Cayman Islands exempted company and the duties of its liquidator. It also sets out the process...
One of the reasons why the Cayman Islands is a leading offshore jurisdiction is the flexibility of its companies and partnership legislation. This includes the ability...
One of the reasons why the Cayman Islands is a leading offshore jurisdiction is the flexibility of its companies and partnership legislation.
On 2 January 2025, the British Virgin Islands Limited Partnership (Amendment) Act, 2024 was brought into force, implementing a series of amendments to the Limited...
This concise guide discusses the BVI Business Companies Act as it relates to the registration of security interests granted by a BVI Business Company.
The Securities Investment Business Act of the Cayman Islands (the SIB Act) is the primary securities statute in the Cayman Islands and regulates the conduct of...
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