Author: Zekai Xu
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Special Purpose Vehicles: Strategic tools for investment efficiency
Special Purpose Vehicles (SPVs) are the workhorses of the financial structuring industry, long served as a mechanism for isolating “ringfencing” financial risk and safeguarding parent entities. Today, however, their role has evolved far beyond risk mitigation. SPVs are now central to structuring sophisticated investment strategies, streamlining capital deployment, and navigating increasingly complex regulatory landscapes. From…
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Bermuda’s Corporate Income Tax Regulations Now in Force
Following on from the Bermuda’s Corporate Income Tax Act 2023, the Government of Bermuda has now issued the Corporate Income Tax (Administrative) Regulations 2025 (the CIT Regulations), which took effect on 2 June 2025. These CIT Regulations provide the operational framework for the 15% corporate income tax regime introduced under the Corporate Income Tax Act 2023…
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Voluntary Termination of a Cayman Islands Company
Under the Cayman Islands Companies Act (Revised), there are two principal routes to voluntarily terminate a company’s existence: Each process has distinct procedural requirements, timelines and implications. Voluntary Liquidation Voluntary liquidation is generally the suggested where a company has been conducting business on a regular basis or has assets, liabilities and / or creditors. For…
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Regulatory Update: SFC Expands Remote Onboarding Jurisdictions — What It Means for Your Fund
The Hong Kong Securities and Futures Commission (SFC) has expanded its list of eligible jurisdictions for remote onboarding of overseas individual clients. This update is a welcome development for both Hong Kong-based intermediaries and offshore funds—including those domiciled in the Cayman Islands—who engage with global investors and service providers across borders. What’s new: Why it matters [to Marbury clients] Whether…
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UK Companies House Filing Reforms: Software Filing Mandatory from April 2027
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As part of the UK government’s ongoing efforts to modernise corporate transparency and combat economic crime, Companies House has announced significant changes to the way companies must file annual accounts, effective 1 April 2027. These reforms form part of the Economic Crime and Corporate Transparency Act 2023, and follow earlier measures such as mandatory identity verification for directors…
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Preparing for eMPF Registration: Why Appointing an Authorised Partner Matters
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Hong Kong’s Mandatory Provident Fund (MPF) system managed and overseen by the Mandatory Provident Fund Schemes Authority (MPFA), is undergoing a digital transformation with the phased rollout of the eMPF Platform —a centralised infrastructure designed to simplify MPF administration, reduce costs, and improve user experience for employers and employees. While the platform promises long-term efficiencies, the…
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Upcoming Jurisdiction Filing Deadlines
Jurisidiction Filing type Filing deadline Applicable entities Documents required for filing Authority Seychelles 1st Bi-Annual Accounting Records Submission 31 July 2025 All Seychelles companies Accounting records/documentation underpinning a transaction, including but not limited to:bank statements;receipts;invoices;vouchers;title documents;contracts and agreements; andledgers Registered Agent Cayman Islands CRS/FATCA Reporting for all Financial Institutions 31 July 2025 FATCA/CRS Reporting entities…
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UK Companies House: Identity Verification Now Required for Directors and PSCs
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As part of the UK’s ongoing efforts to improve corporate transparency, Companies House has introduced a new legal requirement for all company directors and persons with significant control (PSCs) to verify their identity. Read our summary of what you need to know.
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Distribution of Dividend Payments: Returns to Shareholders
Introduction Dividend payments are a key mechanism for returning value to shareholders. In this article we take a look at general principles governing the process, applicable laws and financial determinations to be made in three jurisdictions: the British Virgin Islands (BVI), Cayman Islands and Hong Kong. In each jurisdiction distributions by dividend are governed by…
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FATCA & CRS – Reporting Obligations and Key Considerations
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FATCA and CRS reporting deadlines are fast approaching for Cayman Islands entities. Our latest article outlines who must report, what information is required, and key 2025 deadlines. Learn how to stay compliant and avoid enforcement action from the DITC. Read the full guide to ensure your filings are accurate and on time.