News and Publications Archives - Hermes Corporate Services Ltd.

New Administrative Fines for Breach of Regulatory Laws

As previously reported, the Monetary Authority Law gives CIMA the power to impose administrative ...
Cayman Islands – The New Regulatory Regime for Private Funds

The Private Funds Act, 2020 (the "Law") came into force on 7th of February 2020 and introduced a ...
Undertaking Voluntary Liquidations of Cayman Islands’ Entities prior to 31 December 2020

Voluntary liquidations generally As the conclusion of 2020 approaches, it is time for persons wit...
Duties of Directors of a Cayman company

What are the duties of a Director of a Cayman Islands’ company? The constitutional documents of a...
Cayman Economic Substance and Its Impact on Fund Managers

Cayman Economic Substance and Its Impact on Fund Managers The Securities and Investment Business ...
Economic Substance requirements for Cayman Islands companies

The Cayman Islands International Tax Co-operation (Economic Substance) Law, 2018 (the “Economic S...
What Guidance for Cayman Companies Undertaking an ICO?

As at the date of this publication, there is still no specific regulation in the Cayman Islands a...
The benefits of Segregated Portfolio Companies for Investment Purposes

Once registered under the Cayman Islands Companies Law, a segregated portfolio company (“SPC”) ca...
Foundation Companies can now be incorporated in the Cayman Islands

With effect from 19 October 2017, it is possible to incorporate Foundation Companies in the Cayma...
Cayman Islands Limited Liability Companies

The introduction of the Cayman Islands limited liability company (the "LLC") corporate structure ...