Annual License Fee Adjustment – Register Of Beneficial Owner

We are now pass the 30 June 2018 deadline for the filing of the Register of Beneficial Ownership a required by the Cayman Islands.

It was largely a successful exercise in that a great majority of companies met the deadline. There are however, companies that have yet to file their Register of Beneficial Ownership. We would urge you to contact your Relationship Managers urgently in order to avoid the punitive penalties which your company is now exposed. We have outlined the relevant penalties in the attached for your information*.

You will also be aware from the number of notices sent on this subject that we, as a licensed corporate service provider, are obligated to file a consolidated notification of all information from all companies to the designated Authority each month. In this respect, the lodgement of this notification entails the encryption, physical delivery and subsequent decryption of the data to the designated Authority each month.

Accordingly, resources and efforts have to be dedicated to this monthly exercise. We will therefore be increasing our annual license Fee by USD200.00 per company. This increase will be reflected in your next renewal invoice for the 2019 renewal year.

We also take this opportunity to remind all companies that they have an obligation under the Companies Law to ensure that any changes to information pertaining to Beneficial Owners must be notified to the corporate service provider, updated in the Register of Beneficial Owners and filed each month.

We thank you for your cooperation and understanding.

If you need clarification, please do not hesitate to contact your relationship manager or alternatively, email us at info.caymanislands@portcullis.co.

*Not applicable to companies that are “Out of Scope” for filing purposes.

The above article is compiled by:
Portcullis (Singapore) Pte Ltd| Info.Singapore@portcullis.co

Disclaimer: This Newsletter is published by Portcullis (Singapore) Pte Ltd, (Co. Reg. No. 198900404M) whose registered office is at 6 Temasek Boulevard, #09-05, Suntec Tower Four, Singapore 038986. This Newsletter does not constitute and is not to be construed as the provision of legal, investment or tax advice or as an invitation or solicitation to make any investment. Readers should not act in reliance on any statement contained in this publication without first obtaining appropriate professional advice.

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年度維持費調整-最終受益人名冊

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依開曼群島法律規定必須歸檔「最終受益人名冊」的最後期限2018年6月30日，目前已屆期。

本項規定的執行，大致而言相當圓滿，因為絕大多數的公司皆遵守該期限規定。然而，仍有公司尚須歸檔其最終受益人名冊。在此敦促貴公司緊急洽詢本公司負責貴公司的關係經理(relationship manager)，以免貴公司遭受懲罰性罰款。本公司已將相關罰款臚列於附件中，供貴公司參閱*。

從眾多已寄送之通知中，貴公司必然已了解，本公司身為授權的企業服務供應商，有義務每月向主管機關歸檔一份內容涵蓋所有公司全部資料的合併通報書。本件通報書的歸檔，亦附帶每月向主管機關歸檔資料時的資料加密、實際遞送及嗣後解密工作。

是故，上述資料歸檔工作每月必須投注資源及人力。因此，本公司將調高年度維持費，每家公司加收美元200.00元。本項調漲費用將反映於下一新年度的2019年年費發票上。

本公司亦藉此機會提醒貴客戶，依據公司法規定，各公司有義務確保最終受益人的任何資料變更，皆須通知企業服務供應商、更新最終受益人名冊的資料及每月歸檔新資料。

感謝貴公司的配合與理解。

倘貴公司需要進一步釋疑說明，請洽詢本公司負責貴公司的關係經理(relationship manager)，或傳送電子郵件至本公司：info.caymanislands@portcullis.co 。

*不適用於在法規上歸屬於「範圍外」的公司。

文章編撰:
保得利（新加坡）私人有限公司| Info.Singapore@portcullis.co

本刊物由保得利（新加坡）私人有限公司（公司註冊編號：198900404M）刊發，註冊辦事處位於新加坡淡馬錫林蔭道6號新達城大廈4座9樓5室郵政編碼038986。本刊物並不構成，也不應詮釋為提供法律、投資、稅務諮詢，或邀請、徵求作出任何投資。未先獲取適當專業意見前，讀者不應依據本刊物所載任何陳述行事。