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Cayman Islands Extensions Given for Annual Returns and Economic Substance Notifications

28 April 2020

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Approved Changes

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Cayman Islands

The Cayman Islands Ministry of Financial Services published a notification dated 25 March 2020 on extensions given for annual returns and economic substance notifications due to COVID-19. --- Extensions Given for Annual Returns and Economic Substance Notifications The Registrar of Companies (ROC) and the Department for International Tax Cooperation (DITC) have extended the deadlines for entities to complete their annual returns and economic substance notification filings. The annual return filing deadline has been extended until 30 June. The extension will apply to all companies, including limited liability companies and foundation companies. Penalties for failure to file will come into force...