All Bermuda companies, LLCs and partnerships (which have elected to have separate legal personality) which fall within scope of the economic substance regime by conducting a “relevant activity” must file their ESD no later than 6 months after the first financial year of that entity which commenced on or after 1 January 2019. For entities with a financial year ended 31 December 2019 the deadline for filing the ESD is 30 June 2020.

The ROC is offering a webinar to provide training on how to use the ESD portal. The live webinars will be offered 4 May and 12 May 2020, and are open to everyone. Please see the links below to register for one of the ROC webinars.

If you have any questions on the ESD filings or with respect to the applicability of the economic substance regime to your Bermuda entities, please reach out to your usual Appleby contact or a member of the team below.

ROC ECONOMIC SUBSTANCE DECLARATION PORTAL 

ROC WEBINAR: MONDAY 4 MAY

ROC WEBINAR: TUESDAY 12 MAY 

Key contacts

Tim Faries

Partner: Bermuda

T +1 441 298 3216
E Email Tim

Sally Penrose

Partner, Head of Regulatory: Bermuda

T +1 441 298 3286
E Email Sally

Share
Twitter LinkedIn Email Save as PDF
More News
24 Jan 2022 | News

Appleby Bermuda Hires Two New Lawyers in Dispute Resolution and Corporate

Appleby is delighted to welcome two new Associates, James Batten and Melinda Mayne, to its growing B...

Contributors: Melinda Mayne
14 Jan 2022 | News

Bermuda amends Insurance Act to introduce concept of internationally active insurance group

The Insurance Amendment Act 2021 (Act) is the result of the Bermuda Monetary Authority’s (BMA) con...

5 Jan 2022 | News

Bermuda Economic Substance Regulatory Update

In response to work conducted by the European Union’s Code of Conduct Group regarding the tax poli...

20 Dec 2021 | News

Appleby Makes Annual Holiday Donation To Bermuda Star Charity

Appleby’s Bermuda office delivered holiday donations to local charity STAR (Supportive Therapy for...

7 Dec 2021 | News

Appleby Named Official Law Firm Of The Bermuda Sail Grand Prix

Leading offshore law firm Appleby is the Official Law Firm of the Bermuda Sail Grand Prix presented ...

7 Dec 2021 | News

Appleby Bermuda Hires Two New Corporate Lawyers

Leading offshore law firm Appleby is delighted to welcome Katie Blundy and Carl Meyer to its Bermuda...

Contributors: Katie Blundy, Carl Meyer
9 Nov 2021 | News

Two Pupils Join Appleby Bermuda Trainee Programme

Appleby would like to welcome Karim Creary and Kiara Wilkinson to its two-year legal trainee program...

5 Nov 2021 | News

Arielle Desilva Is Called To The Bemuda Bar

Appleby is delighted to announce that Arielle DeSilva was called to the Bermuda Bar on Friday 5 Nove...

29 Oct 2021 | News

Melissa Rodrigues McBeath recognized as a 2021 Rising Star by The Bermudian Magazine

The Bermudian’s 2021 crop of Rising Stars is an impressive group of young people with limitless pa...