In the Cayman Islands chapter of the International Comparative Legal Guide to Aviation Law 2020, Sherice Arman and Shari McField give a comprehensive overview on aviation laws and regulations in the Cayman Islands.
If so, you should consider initiating the process now to minimise or eliminate 2020 annual fees. This note contemplates corporate vehicles but similar considerations apply to partnerships.
The Cayman Islands Aircraft Register provides a welcome solution to lessors and financers looking for a practical, cost effective and secure register.
Partner and Head of Asset Finance, David McGovern, Of Counsel, Killian McSharry, Senior Associate, Michael Caulfield and Tax Of Counsel, Eimear Burbridge authored the "Ireland Law and Practice...
We have highlighted below ten of the key reasons owners, financiers and operators regard the Cayman Islands as the jurisdiction of choice for aircraft registrations
The Cayman Islands are a British Overseas Territory. The Secretary of State of the United Kingdom government takes lead responsibility for ensuring that the Cayman Islands comply with the obligations of...
The statutory deadline for filing CRS and US FATCA reports for the 2017 year of account was 31 May 2018. Notwithstanding this statutory deadline, the Department for International Tax Cooperation (the "DITC") ...
The Cayman Islands Government has recently granted legislation allowing the addition of offshore aviation services to the Cayman Enterprise City (CEC) special economic zone.
Further to our Alert issued in January 2018 the Tax Information Authority of the Cayman Islands ("TIA") has now issued Guidance in respect of the Country-by-Country Reporting requirements ("CbCR").
IN SIMPLE TERMS, EETCs are corporate debt securities, typically issued by airlines.
The MLRO may be the same person as the AMLCO, so long as the individual is competent and is able to perform both roles efficiently.
Since our Cayman Islands Beneficial Ownership Regime Alert in May 2017, the Cayman Islands Government has amended the beneficial ownership regime under the Companies (Amendment) (No. 2) Law, 2017 ...
The Department of International Tax Cooperation ("DITC") has issued an industry advisory confirming that the Automatic Exchange of Information Portal ("AEOI Portal") has reopened with revised documentation.
This article summarises the requirements for the issuance of an air operator's certificate permitting an aircraft registered with the Civil Aviation Authority of the Cayman Islands to fly for the purpose...
The Cayman Special Economic Zone (SEZ) recently created the Cayman Aviation Services Park to sit alongside the existing Cayman Maritime Services Park established in 2015
The Civil Aviation Authority of the Cayman Islands (CAACI) is responsible for the regulation of the aviation industry within the Cayman Islands.
On Friday 17 February 2017, the two week period for appeal expired and the court in Seoul declared Hanjin Shipping bankrupt. Hanjin will not be the only headline-capturing casualty of 2017...
Mortgage registration is evidenced by a certificate of registry, but because this is a document used for navigation purposes, it is more likely that a copy of the transcript of British Registry...
Cayman Islands Government
Using funds from the settlement with the M/Y Tatoosh, Government
is now purchasing materials and agreeing contracts for the
installation of a permanent mooring at the north end of the Seven
Mile Beach Marine Park.
This week in Hong Kong, more than 1,000 airlines, lessors and financiers from across the globe convened at the Airline Economics Growth Frontiers conference to discuss the current trends