This newsletter discusses the economic substance requirements in place in the Cayman Islands as well as key changes in the ES Law and the Updated Economic Substance Guidance Notes issued by the TIA on 13 July 2020.

This is to inform you that the Inland Revenue Department (”IRD”) of the government of St. Kitts and Nevis introduced a regulatory initiative earlier this month under which entities will be required to file a Simplified Tax Return (CIT-101 Tax Return) annually with the IRD.

AMSTERDAM, August 1, 2020 (Press release) – AMS Netherlands B.V., as part of AMS Financial Group – a leading provider of regulatory, corporate and administrative services - is excited to announce a major office move to larger facilities in Amsterdam. AMS Netherlands B.V. will be moving from its current address to the 7nd floor of De Boelelaan 7 in the Financial District in Amsterdam.

Southeast Asia (SEA) is the new battleground for tech companies and it’s not hard to see why. With the Association of Southeast Asian Nations (ASEAN) on track to becoming the fourth largest market in the world by 2030, opportunities for businesses are numerous.

AMS Trustees Ltd. is pleased to announce the appointment of Eric van Aalst as Managing Director. Eric van Aalst has held a variety of senior positions in the international corporate services industry over the past 30 plus years of his career, including 23 years in a business and product development role in New York, USA.