Appleby launches economic substance online tool

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Appleby is pleased to introduce an online Economic Substance Entity Classification Questionnaire. The Questionnaire, which is available free of charge, has been developed by our legal and regulatory experts and offers clear and concise guidance through the economic substance regimes of Bermuda, BVI, Cayman Islands, Guernsey, the Isle of Man and Jersey.

After answering a few brief questions, you will first be guided through a preliminary analysis as to whether or not the entity in question is in scope of the relevant regime. If in scope, the Questionnaire will lead you through a summary of the steps required to meet the economic substance test in the relevant jurisdiction.

 

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