Regulatory Information Request

Client Name:*

Annual Return Requirements

Company’s Nature of Business:*i

This list has been provided by the registrar and must be used to select the most appropriate business activity.
Where an entity has more than one business function, you should select the activity which aligns with what the entity would describe as its primary or main business function i.e., representing more than 50% of the normal business activity or trade.
When trading has not commenced or the relevant license obtained, the Registrar is happy that the business activity selected reflects the intended business purpose of the entity at incorporation

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Company’s Financial Year End (dd-mm):*

Economic Substance Notification

Economic Substance Notification Year (yyyy):*

Which exemption does it qualify for?*

Tax resident outside of the Cayman Islands A domestic company i

"Domestic Company" means a company that is not part of an MNE Group and that is - (a) carrying on business in the Islands and which complies with section 4(1) of the Local Companies (Control) Act as amended or section 3(a) of the Trade and Business Licensing Act as amended; (b) a company referred to in section 9 or 80 of the Companies Act as amended, or a subsidiary company of any such company;

Confirm the entity is not part of an MNE Group,i

"MNE Group" means any Group that - (a) includes two or more enterprises for which the tax residence is in different jurisdictions or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction; and (b) is not an Excluded MNE Group; "Excluded MNE Group" means, with respect to any Fiscal Year of the Group, a Group having total consolidated group revenue of less than eight hundred and fifty million United States Dollars during the Fiscal Year immediately preceding the Reporting Fiscal Year as reflected in its Consolidated Financial Statements for such preceding Fiscal Year;

is only carrying on business in the Islands and complies with Section 3(a) of the Trade and Business Licensing Act ("TBL")i

Section 3(a) of the TBL means any trade or business licensed or registered to be carried on as a trade or business under another Law without reference to this Law, including where that other Law exempts a person to whom it applies from registering, being licensed or paying a fee

Confirm the entity is not part of the MNE Group, is only carrying on business in the Islands and licenced under Section 4(1) of the Local Companies Control Licensing Act (“LCCA”). i

Section 4(1) of the LCCA means (1) Subject to subsection (3), no company shall carry on business in the Islands unless it is so empowered by its Memorandum of Association and — (a) it is — (i) a local company; or (ii) an exempted company carrying on business in the Islands, which, at the relevant time, is complying with section 5 or is a wholly owned subsidiary of such a company; (b) it is licensed under this Law and under the Trade and Business Licensing Law (2019 Revision) and, at the relevant time, is carrying on such business in accordance with the terms and conditions imposed in such licence and not otherwise; (c) it is licensed under the Banks and Trust Companies Law (2018 Revision); or (d) it is a company operating under a franchise granted by the Government. Section 4(3) means The Cabinet may, in exceptional circumstances, having regard to the public interest, exempt any company from all or any of the provisions of this Law subject to such terms and conditions as the Cabinet may deem fit.

Confirm the entity is not part of an MNE Group and is a company referred to in Section 80 of the Companies Act, as amended. i

Section 80 of the Companies Act refers to Not-for-profit associations.

As a director or authorized signatory of the Entity, I hereby authorise Genesis to file the Entity’s Economic Substance Notification with the Tax Information Authority and Nature of Business with the Registrar of Companies, or any other authority as may be required by Act, based on the information provided in this submission. I understand that Genesis will use this information on an ongoing annual basis unless advised otherwise, and I undertake to advise Genesis promptly in the event of any changes to this information. I acknowledge and accept there are sanctions for providing inaccurate information and I confirm that the entity will indemnify Genesis for any liability that may result from the submission of inaccurate information. I also acknowledge Genesis makes the submission without undertaking any investigation or verification of the information provided.

Name:*

Date:*

By submitting this form, I further confirm that I, or another authorised signatory of the entity, will immediately advise Genesis should any of the information submitted, as required by Act and/or the regulations, cease to be true.

Regulatory Information Request

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