The recent economic substance laws in major offshore jurisdictions have left many in our industry questioning how these new substance requirements may affect them. It is clear that there may be significant operational and structural impacts to businesses with entities in these jurisdictions.
The BVI and Cayman Islands have now published their Economic Substance Codes, which provide details on which entities may be in scope; how economic substance requirements may be met; and guidance on the interpretation of the legislation.
To help our valued clients understand the new requirements and come into compliance, we would like to invite you to an exclusive seminar where Vistra subject matter experts will highlight key rules, compliance and reporting requirements. We will also introduce services to help you adapt to economic substance laws.
Admission is FREE, however, please RSVP by 24 May 2019 to confirm your attendance as seats are limited.
We are here to support you and look forward to seeing you at the seminar.
- Simon Filmer - Global Lead, Company Formation
- Debbie Farman - Global Head of Legal Services
- Michael Thomas - Global Head of Information Reporting Services
- Date: 31 May 2019
- Time: Session 1: 09.30 - 11:30 (registration starts at 09.00)
Session 2: 15.00 - 17.00 (registration starts at 14.30)
Republic Plaza 1,
9 Raffles Place, Level 2
To find out more about how Vistra can help you ensure substance compliance, reach out to us via the enquiry button below:
How can companies demonstrate ‘substance’, and how can Vistra help?
10 September 2019
Before a company decides to establish ‘economic substance’ in any offshore jurisdiction, it is crucial for it to have gained a full understanding of its classification in relation to the substance legislation. Should a company decide to set up substance in the…
What is the EU List, and what does it mean to be on the EU’s 'Blacklist' and 'Greylist'?
04 September 2019
Why do the BVI and Cayman Islands remain favourable jurisdictions to set up businesses?
02 September 2019
What are ‘Relevant Activities’?
29 August 2019
What should the top priority for companies with offshore entities be right now?
27 August 2019
Does the economic substance legislation affect my BVI or Cayman entity?
19 August 2019