Law firm GANADO Advocates has launched Project Anew – an
initiative designed to assist young entrepreneurs bring their
business ideas into fruition. Such an initiative aims at attracting
start ups that are led by young individuals who are determined to
transform their innovative business idea, product or service into
reality. The firm will be providing free legal advice, for a period
of time to be determined on a case by case basis, to those
individuals who qualify for the scheme.
An internal committee – made up of lawyers coming from the
firm's different practice areas – was appointed
specifically for the purpose of this initiative. The
committee's main function is that of evaluating proposals
received, choosing qualifying projects and ensuring that
beneficiaries make the most out of the opportunity that the firm
has presented to them by way of this initiative.
"We want to help young potential entrepreneurs, who have
never had a business of their own, get started", Louis Cassar
Pullicino, Managing Partner at GANADO Advocates explains.
"Apart from free legal advice, we are also presenting
opportunities for networking – both locally as well as
internationally – which opportunities we feel are vital, and
normally missing, for businesses which are just starting
Individuals who are interested to learn more about Project Anew
are invited to send an email to ProjectAnew@ganadoadvocates.com
with a basic overview of their business idea, product or
Following public consultation during 2016 and early 2017, legislation has been passed which will require Cayman Islands companies (but not partnerships) to maintain registers of beneficial ownership at their registered offices.
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In recent years, the migration of individuals has caused an uproar in many developed countries. Yet, there is another type of migration – that of companies or ‘legal persons' – which occurs quite frequently and goes virtually unnoticed.
Confidentiality of corporate documents and information is one of
the key attractions of incorporating a company in the BVI. A
company search of the BVI Registrar of Corporate Affairs will only
disclose certain information and documents.
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