In order to address concerns of entities allegedly generating too much profit and having too little substance in low or zero-rate tax jurisdictions, the European Union (EU) has sought to introduce economic substance requirements.
As a result, many international finance centres have introduced their own substance legislation. This includes all the traditional offshore jurisdictions, including the British Virgin Islands (BVI), the Cayman Islands and other strategically important locations.
At Vistra, we can help you navigate the EU substance requirements in affected jurisdictions. We offer a comprehensive range of options – from a classification check to a full review, as well as advisory services on registering your status with the regulator.
Regulatory Compliance Services
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