Economic Substance in the Cayman Islands
We previously wrote of the new Economic Substance (ES) requirements for the BVI here – https://www.mooresrowland.tax/2019/09/economic-substance-requirements-in.html ES requirements apply to many other jurisdictions including the Cayman Islands. I previously mentioned that onshore is the new offshore. But are we seeing the creation of 3 groupings? 1. The USA including the USVI 2. Post-Brexit London plus …