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...

Companies (Non-Profit Organisation) Regulations, 2014

The Companies (Non-Profit Organisation) Regulations, 2014 (the “Regulations”) came into effect on 6 August, 2014. The Regulations were specifically...

Relocating Investment Managers Offshore

The recent implementation of the European Alternative Investment Fund Managers Directive (“AIFMD”) in Europe will have forced investment managers...

The Trustee Exoneration Clause

Questions marks are constantly raised over the performance of a trustee’s duties and whether the trustee in question has...