Month: May 2020

Encore Professional Services acquired by the Marbury Group

We are delighted to announce that Marbury has acquired Encore Professional Services whose team are now part of and supported by the Marbury group.

With the acquisition of Encore, this brings more depth into Marbury’s service line relating to accounting, payroll and visa services. Whilst Compass Offices’ clients will now have access to a wider range of corporate and business services, across more jurisdictions including Hong Kong, Bermuda, BVI, Cayman Islands, London, Singapore as well as other offshore jurisdictions.

Changes to Beneficial Ownership thresholds – filing extension

CAYMAN ISLANDS – The definition of a beneficial owner in the Companies Law (Revised) and the Limited Liability Companies Law (Revised) will change on 15 May 2020 from “more than 25%” of the shares or voting rights in a company to “twenty-five per cent (25%) or more” of the shares or voting rights in a company.