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ARTICLE · 02 APRIL 2020

Annual Fees Deferred

Cayman Islands Government
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As of 26 March, the Cayman Islands Government has deferred the obligation to pay annual fees until 30 June for corporate entities registered in the Cayman Islands.

Cayman IslandsFinance and Banking
Ministry Of Financial Services
Ministry Of Financial Services
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As of 26 March, the Cayman Islands Government has deferred the obligation to pay annual fees until 30 June for corporate entities registered in the Cayman Islands. This fees deferral applies to all companies, including limited liability companies and foundation companies.

Exempted liability partnerships (ELPs) will also have their annual fees and annual return filings deadline extended until 30 June.

News of the fees deferral accompanies the Ministry of Financial Services' 25 March announcement that the annual return filing deadline for all companies had been extended until 30 June. Companies and ELPs that fail to file their annual returns and/or pay their annual fees by the 30 June deadline will be subject to penalties as of 1 July.

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