Internal Audit.

Economic substance legislation requires entities operating in jurisdictions like the Cayman Islands to demonstrate tangible economic activity within the region. It mandates companies to have genuine business operations, adequate employees, physical assets, and management presence, ensuring they are not mere shell entities used for tax avoidance, fostering economic activity locally.

FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) are international tax compliance measures aimed at combating tax evasion. FATCA, initiated by the U.S., mandates foreign financial institutions to report American account holders. CRS, adopted by multiple countries, requires automatic exchange of financial information to prevent tax evasion globally.

Anti-Money Laundering (AML) regulations in the Cayman Islands encompass stringent measures to prevent illicit financial activities. Entities must conduct thorough due diligence, monitor transactions, and report suspicious activities. These regulations aim to ensure transparency, deter money laundering, and maintain the integrity of the Cayman Islands' financial sector within a global context.

Our service is comprehensive, including establishing legal entities, accounting, reporting and other related consulting services. Our services allow you to focus on your core business areas, while your finances are handled with quality and care. Whether you need support with payroll and cash management, basic accounting or complex financial reporting, we can help.

We can assist with the formation of all types of Cayman companies. Choose express for 24-48 hr formation, or 7 days standard. Once formed, our experienced corporate services team provides ongoing administrative support and maintenance as part of our registered office services.