Cayman Law Firm
Solomon Harris is a full service corporate/commercial law firm specialising in international offshore work with recognised expertise in a number of niche areas, including investment funds, captive insurance, capital markets and corporate restructuring/insolvency. The firm has developed a reputation as one of Cayman's top tier firms for providing effective offshore legal solutions, both promptly and efficiently. The firm continues to be recognised as a top ranking Cayman firm by the leading UK international law firm directories, such as Chambers Global and Legal 500 and is perceived in the market as a more "nimble" alternative to its larger competitors with a complement of very experienced lawyers across all work groups.
Nature of Practice
Solomon Harris' reputation has been built on its consistent responsiveness to client needs and its straightforward, commercially focused advice. The firm's clients include major financial institutions, public and private companies, high net worth individuals, major onshore law firms and accounting firms, including a number of well-recognised names such as Société Générale, Unibanco, Banco Itau, Harcourt and PricewaterhouseCoopers. In addition to providing services directly to clients, the firm has also assisted clients by providing management of legal counsel in other Caribbean jurisdictions. Read more +
One commentator makes the following observation about the firm, "Peers compliment the firm's ability to excel in more complex deals, and the team is certainly moving in the right direction".
Although the Firm is structured in departments (Corporate/Commercial; Dispute Resolution, Insolvency and Corporate Recovery; and Local Practice/Banking), the boundaries between the departments are very fluid and frequently work is handled on a cross-departmental basis.
The firm's main practice areas, in alphabetical order, are: Capital Markets; Company and Partnership Formation; Corporate Recovery/Insolvency; Dispute Resolution; Employee Benefits; Finance; Insurance; Investment Funds and Private Equity Funds; Listing Services, Local Commercial, Banking and Licensing; Mergers, Acquisitions and Joint Ventures; Private Client (trusts, wills, probate, estate matters); Real Estate/Property Law. read less --
Final extension for Cayman AEOI Portal deadlines
In an Industry Advisory (‘Advisory’) dated 19 July 2017, the Cayman Islands (‘Cayman’) Department for International Tax Cooperation (‘DITC’) has extended the final deadlines for Foreign Account Tax Compliance Act (‘FATCA’) and Common Reporting Standard (‘CRS’) 2017 reporting. The ...
E-service for Cayman Tax exemption certificates will cut issue times dramatically
There is no taxation on income, profits or capital gains in the Cayman Islands (‘Cayman’), but for those who want a cast-iron guarantee that their entity will not be subject to those taxes in the future, Cayman also offers an undertaking from the Governor in Cabinet that those taxes will not be i...
Cayman AEOI Portal: Open for CRS Reporting and new User Guide
In an Industry Advisory dated 23 June 2017, the Cayman Islands (‘Cayman’) Department for International Tax Cooperation (‘DITC’) has advised that before users of its Automatic Exchange of Information (‘AEOI’) Portal (‘Portal’) continue to operate it, they MUST review the latest v...