October 20, 2017

Cayman Islands update The Foundation Companies Law 2017 now in force

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The Foundation Companies Law, 2017 (“FC Law”) – came into force with effect from the18th of October, 2017.

The FC Law published in April 2017 and now in force introduces a non-profit company structure to the Cayman Islands that will likely become a flexible alternative to using a trust structure in a range of transactions - philanthropic, private and commercial.

Interested in finding out more contact Jonathan Law or Matt Mulry in our Cayman office.