Voluntary Liquidation: Start Before 31 August for a Year-End Close

Want your Cayman fund dissolved by 31 December? The process needs to start before 31 August. Here's what drives the…


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How does a Cayman Islands foundation company differ from a traditional trust or a standard company?

A Cayman Islands foundation company has separate legal personality and can operate without members, distinguishing it…


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What is a Cayman Islands foundation company and what is it used for?

A Cayman Islands foundation company is an orphan corporate structure that can operate without shareholders. Learn what…


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What is a Cayman Islands LLC and when would I use one instead of a company or partnership?

A Cayman Islands LLC blends a company's limited liability with a partnership's contractual flexibility. Learn how it…


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How is a Cayman Islands exempted company different from an exempted limited partnership?

A Cayman Islands exempted company is a separate legal person with limited liability; an exempted limited partnership…


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What are the key features and advantages of a Cayman Islands exempted limited partnership?

A Cayman Islands exempted limited partnership pairs limited liability and tax neutrality with a fully flexible…


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CIMA’s AML Expectations Are Now Enforceable Rules

CIMA’s new AML/CFT/CPF Rule introduces more prescriptive independent-audit requirements for CIMA-regulated funds from…


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Can a Cayman Islands entity outsource its Core Income Generating Activities and still satisfy Economic Substance?

A Cayman Islands entity can outsource its Core Income Generating Activities to a Cayman-based service provider and…


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What is a Core Income Generating Activity (CIGA) for Economic Substance purposes?

A Core Income Generating Activity (CIGA) is any activity of central importance to a Cayman entity in generating its…


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What is a pure equity holding company under the Cayman Islands Economic Substance rules?

A pure equity holding company in the Cayman Islands benefits from a reduced Economic Substance test that is far less…


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