The following regulatory compliance calendar provides a summary of the key dates and events for Cayman Islands registered investment funds for 2024.
Download a pdf version of the calendar below:
*The Responsible Party refers to the party that is generally responsible for such filings. If uncertain, please check with your service provider.
15th January
CIMA
Fee payments due for all CIMA registered entities.
Late payment fees start to accrue on a monthly basis after the due date.
Responsible Party*: Investment Manager / Administrator / Registered Office
15th January
CIMA
Fee payments and annual declaration for directors registered with CIMA under the Director Registration and Licensing Act
Payment can be made via the CIMA Connect web portal.
Responsible Party*: Individuals appointed as directors.
15th January
CIMA
Fee payments and annual
declaration for entities registered as under the Securities and Business Investment Act "SIBA" as
a Registered Person
Annual Return cannot be filed until any required ESN has been filed with DITC.
Responsible Party*: Investment Manager / Administrator / Registered Office
31st January
Registrar
Economic Substance Notification (ESN) filing deadline.
Investment Funds are exempt from ES Return filings, however notification needs to be submitted to the applicable Registrar to confirm ongoing exemption.
Responsible Party*: Investment Manager / Registered Office
31st January
Registrar
Annual Return and payment of annual fees for all entities incorporated or registered in
the Cayman Islands (including foreign partnerships and companies) are due.
Late payment penalties start to accrue on a quarterly basis if the Annual Return and fees are not filed and paid by 31 March 2024.
Responsible Party*: Registered Office
30th April
DITC
Deadline to register with the DITC for entities defined as Financial Institutions under CRS and FATCA legislation.
-
Responsible Party*: Investment Manager / FATCA & CRS service provider
30th June
CIMA
Audited financial statements and FAR forms for mutual funds and private funds with a financial year end of 31st December 2023.
Once Financials and FAR forms have been submitted, payment of FAR filing fees can be made via REEFS.
Responsible Party*: Auditor responsible for Financial Statements & FAR form. FAR filing fees will to be paid by the Registered Office or wired directly from the fund.
31st July
DITC
CRS and FATCA reporting for
all financial institutions for
year-ending 31st December
2023.
-
Responsible Party*: Administrator / FATCA & CRS service provider
1st September
Registrar
Date by which strike off application must be submitted for an entity to be dissolved on 31 December 2024.
-
Responsible Party*: Registered Office
15th September
DITC
CRS Compliance form due for year-ending 31st December 2023.
-
Responsible Party*: Administrator / FATCA & CRS service provider
1st November
Registrar
Date by which strike off
applications must be submitted for any entities to avoid 2025 fees.
-
Responsible Party*: Registered Office
1st December
Registrar
Date by which an entity must
be put into voluntary liquidation to avoid 2025 fees.
-
Responsible Party*: Liquidator
Monthly
January - December
Registrar
Beneficial ownership regime - Funds are exempt from BOR filing, however notification needs to be submitted to the applicable Registrar to confirm ongoing exemption.
-
Responsible Party*: Registered Office