Cayman – Rreminders eblast

We refer to our previous circulars on the extension of regulatory filings to the Cayman Registry of Companies, the update of the Register of Beneficial Ownership and Register of Members.

This circular serves only as a reminder. Please ignore if all the required has been attended to.

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[A] Annual Return and Declaration (including the Economic Substance Notification)

Please ensure that your company has complied with Cayman Regulations to enable the Annual Return and Declaration of the company to be submitted by providing the following
to your registered office: –

Annual License Fees – Filing extension was granted until 30 June 2020.

Annual Return and Declaration – Filing extension was granted until 30 June 2020.

Economic Substance Notification – Filing extension was granted until 30 June 2020. ESN filing is a prerequisite to the submission of the Annual Return and Declaration.

Please be reminded that the late filing penalty for above items 1 to 3 will take effect on 1 July 2020.

You may access a copy of the circular here:
https://portcullis.co/pdf/31Mar2020%20-%20Cayman%20Notice%20-%20Extensions%20of%20Regulatory%20Filings%20(English).pdf
https://portcullis.co/pdf/31Mar2020%20-%20Cayman%20Notice%20-%20Extensions%20of%20Regulatory%20Filings%20(Chinese).pdf

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[B] Beneficial Ownership Registers

Register of Beneficial Ownerships – Under section 255 (4) (a) of the Companies Laws it is provided that the register is to reflect the changes to beneficial ownership within one month from such change and a copy of the Register is to be supplied to the registered office for filing.

If a company fails to establish or maintain a Beneficial Ownership Register it is liable on summary of conviction for each contravention –

(a) in the case of a first offence, to a fine of twenty-five thousand dollars (CI 25,000); or
(b) in the case of a second or subsequent offence, to a fine of one hundred thousand dollars (CI 100,000).

You may access a copy of the circular here:
https://portcullis.co/pdf/BeneficialOwnershipRegisterLegislationCaymanIslands.pdf

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[C] Register of Members

Register of Members – Under section 40 of the Companies Laws to reflect the members’ details, shares acquired, voting rights of the shares and whether there are conditions.

If the company fails to comply with the requirement to maintain a register of members, it shall incur a penalty of five thousand dollars (CI 5,000); and every director or manager of the company who knowingly and wilfully authorises or permits such default shall incur the like penalty.

You may access a copy of the circular here:
https://portcullis.co/pdf/REMINDERS%20-%20%20Cayman%20Register%20of%20Members%20Updates%20(English).pdf
https://portcullis.co/pdf/REMINDERS%20-%20%20Cayman%20Register%20of%20Members%20Updates%20(Chinese).pdf

Should you require assistance to prepare the Registers, please contact your relationship
manager whom shall be most happy to assist. In the alternative, you may send your enquiry
to info.caymanislands@portcullis.co.

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PORTCULLIS GROUP
www.portcullis.co

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開曼群島 – 提醒通知

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本函乃為本公司之前通告函所述事項，亦即向開曼群島公司註冊處提交法定申報文件的期限展延、最終受益人名冊及股東名冊的更新等事項。

本通告函僅為提醒之用。 貴公司若已處理所有必要事項者，請無須理會本函。

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一、年度申報暨聲明書（包括經濟實質通報書）

請 貴公司務必確實遵守開曼群島法規，向 貴公司的登記辦公室提供下列文件，俾使貴公司得以提交年度申報暨聲明書：

年費繳交– 展延期限至2020年6月30日。

歸檔周年申報表– 展延期限至2020年6月30日。

歸檔經濟實質通報表– 展延期限至2020年6月30日。提交經濟實質通報表是提交年度申報暨聲明書的前提條件。

請切記，遲交上述1至3項文件的罰則自2020年7月1日起生效。

在此附上存取該通告函的連結：

https://portcullis.co/pdf/31Mar2020%20-%20Cayman%20Notice%20-%20Extensions%20of%20Regulatory%20Filings%20(English).pdf
https://portcullis.co/pdf/31Mar2020%20-%20Cayman%20Notice%20-%20Extensions%20of%20Regulatory%20Filings%20(Chinese).pdf

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二、最終受益人名冊

最終受益人名冊 – 依據公司法第255 (4) (a)條規定，最終受益人有任何變更時，登記名冊必須在變更發生後一個月內記載該項變更，且必須向註冊辦公室提交一份登記名冊存檔備查。

公司未設立或留存最終受益人名冊者，在每次簡易判定違法時，將被處以下列罰款：

(1) 首次違法者，處以二萬五千元（開曼幣25,000）罰款；或
(2) 第二次或後續違法者，處以十萬元（開曼幣100,000）罰款。

在此附上存取該通告函的連結：
https://portcullis.co/pdf/BeneficialOwnershipRegisterLegislationCaymanIslands.pdf

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三、股東名冊

股東名冊 – 依據公司法第40條規定，必須記載股東詳細資料、持有股數、持股表決權、有無附帶條件等事項。

公司未遵守規定留存股東名冊者，將被處以五千元（開曼幣5,000）罰款，且公司各董事或經理人若在知情下蓄意授權或允許上述違規行為，亦將被處以相同罰款。

在此附上存取該通告函的連結：
https://portcullis.co/pdf/REMINDERS%20-%20%20Cayman%20Register%20of%20Members%20Updates%20(English).pdf
https://portcullis.co/pdf/REMINDERS%20-%20%20Cayman%20Register%20of%20Members%20Updates%20(Chinese).pdf

貴公司若在編製登記名冊上需要協助，請洽詢 貴公司的關係經理， 貴公司的關係經理
將非常樂意協助，或 貴公司亦可將問題寄送至：info.caymanislands@portcullis.co。

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保得利集團
www.portcullis.co