In 2018, Bermuda enacted legislation with respect to economic substance requirements for entities based in the jurisdiction.
Individuals will now be able to obtain the right to reside in Bermuda in return for making an economic investment in the island, under the new Economic Investment Certificate and Residential Certificate policy recently announced by the Minister of Labour.
British Virgin Islands
The BVI Business Companies Act, 2004 (as amended) (the "Act") and its predecessor statute have long recognised that companies which incorporate in one jurisdiction may benefit from the...
The U.S. Bankruptcy Court for the S.D.N.Y. provided clarity in the Fairfield Sentry litigation on the implication of Sections 546(e) and 561(d), U.S. bankruptcy safe harbor laws,...
In the now infamous Skylar Ann Mack case, the Cayman Islands Court of Appeal has acceded to Ben Tonner QC's oral and written submission that the Grand Court sentence should be set aside.
Ben Tonner QC, Pramod Joshi and Sally Bowler contribute to the Legal 500 Litigation Country Comparative Guide.
The Cayman Islands Department for International Tax Cooperation's online portal ("DITC Portal") opened in January 2021 to facilitate economic substance reporting to the Cayman Islands Tax...
The Cayman Islands is recognised as a major international
financial and banking centre
Elias Neocleous & Co LLC
A protocol amending the current double tax convention between the Republic of Cyprus and the Federal Republic of Germany was signed on 19 February 2021 in Nicosia, Cyprus.
G. Vrikis & Associates LLC
As of 1 January 2021, the United Kingdom has lost all its rights and obligations as an EU Member State during the transitional period under the Exit Agreement.
The newly amended sections relate to taxes on income and the prevention of tax evasion and avoidance.
It is probable that, while you are reading this article, Cyprus is already the latest European country to introduce transfer pricing legislation in its income tax law with effect
Eurofast would like to inform you that on the 25th of June 2018, the EU Council Directive 2018/822 (commonly referred to as "DAC6") was published in the Official Journal of the EU.
Whilst in everyday life disputes between individuals are commonplace, the same happens within organizations. Disputes are an inevitable byproduct of doing business and the nature of litigation
Given the speed with which the new SARS-CoV-2 coronavirus made its way around the world, taking an immense toll on human life and the global economy, many sectors had no choice but to transform the very nature of their work
Whereas the right not to be treated in a discriminatory manner is enshrined in the highest law of the land – the Constitution, measures in favour of protection against discrimination specifically...
The right to disconnect refers to a worker's right to be able to disengage from work and refrain from participating in work-related communications, such as emails and ...
The EU Mandatory Disclosure Regime is a mandate set in place to require citizens to report their cross-border transactions for taxpayers and intermediaries.
AXIS Fiduciary Ltd
Foreign Account Tax Compliance Act ("FATCA") and Common Reporting Standard ("CRS") reporting are becoming increasingly important in this challenging accounting era...
In our previous Africa-focussed article we looked at the development of free trade on the African continent now underpinned by The African Continental Free Trade Agreement (AfCFTA)...