The Cayman Islands Economic Substance Act (ES Act), as amended by the International Tax Cooperation (Economic Substance) (Amendment) Act, 2020, came into force on 1 January 2019.
The ES Act was enacted as a result of Cayman’s collaboration with the OECD’s Forum on Harmful Tax Practices and the European Union Commission Services to implement the standard on substantial activities requirements.
Legislation & Resources
Current laws and regulations in effect for ES in the Cayman Islands.
Industry advisories from the DITC relating to ES.
Frequently asked questions regarding ES in the Cayman Islands.