Cayman Releases Economic Substance Guidance Notes V3

Cayman Islands Government released updated Economic Substance Guidance Notes (Guidance Notes V3) today. These additional clarifications include sector specific guidance for those conducting a relevant activity of:

• Banking Business

• Distribution & Service Centre Business

• Fund Management Business

• Financing and Leasing Business

• Headquarters Business

• Holding Business

• Insurance Business

• Intellectual Property Business

• Shipping Business

To view the complete guidance notes, click here.

If you need assistance with assessing your Cayman company or to learn how to navigate and manage economic substance requirements in Cayman, contact us at Economic Substance Solutions.