Trusts in the Cayman Islands

What is a Trust? A Trust is a legal relationship where one party (the “Settlor”) transfers property to the...

Common Reporting Standards Advisory

The Common Reporting Standard Regulations (the “Regulations”) were published in the Gazette on October 16, 2015 and are now...

Legislative Amendments: Real Estate Transactions in The Bahamas

In the 2014/2015 Budget Communication presented by The Right Honourable Prime Minister Perry Christie, the Government communicated its intention...

FATCA Tax Information Exchange Portal

Many Bahamian financial institutions (“BFIs”) have now registered with and submitted reports to the Bahamian Government on accounts held...

Cayman’s Maritime Park Attracts New Wave

Within weeks of its introduction as the 7th Business Park in Cayman’s Special Economic Zone (“SEZ”), the Cayman Maritime...

Additional Legislative Amendments

As part of the 2015/2016 Budget Communication several Bills were tabled in the House of Assembly. Now in force,...

FATCA Reporting Requirements

Many Bahamian financial institutions (“BFIs”) are now preparing to commence reporting to the Bahamian Government on accounts held by...

Legislative Amendments: Real Property Tax

In the 2015/2016 Budget Communication presented by the Right Honourable Prime Minister Perry Christie, Prime Minister Christie communicated the...

Coming Changes to the Business Licence Regime

On Wednesday, May 27th, 2015, the Prime Minister presented the 2015/2016 Budget to the House of Assembly. In it...