The Cayman Islands economic substance regime (ES Regime) has recently been expanded to now bring into scope Cayman Islands partnerships.
Although investment funds structured as Cayman partnerships are exempt from the requirement to meet any economic substance test in the Cayman Islands, such partnerships will now be required to make an annual economic substance notification as a re-requisite to their annual return filings in January. For details of the requirements for, and timing of, such notifications, please read our briefing here: Cayman Islands funds: economic substance notification filings for partnerships
OGIER
