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OECD CARF International Tax Transparency Standards to be Officially Implemented in 2026, Cayman Islands Web3 Foundation Registrations Surge by 70%
Summary: According to Cointelegraph, the number of Cayman Islands foundation company registrations has surged by 70% year-on-year, exceeding 1300 by the end of 2024 with over 400 new additions in the first five months of 2025. Cayman foundations are becoming the mainstream legal structure for DAOs, used for treasury management, IP holding, and compliance matters. At ...
According to Cointelegraph, the number of Cayman Islands foundation company registrations has surged by 70% year-on-year, exceeding 1300 by the end of 2024 with over 400 new additions in the first five months of 2025. Cayman foundations are becoming the mainstream legal structure for DAOs, used for treasury management, IP holding, and compliance matters. At least 17 foundation treasuries have surpassed $100 million in size. It is noteworthy that the OECD CARF international tax transparency standards framework will be officially implemented in 2026, requiring transactions, custody, and other crypto service providers to conduct due diligence and reporting. However, treasury agreements holding assets and passive foundations are expected to be exempt from mandatory reporting. OECD CARF aims to combat tax evasion through standardized automatic exchange of information mechanisms for crypto asset transactions.
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Link: OECD CARF International Tax Transparency Standards to be Officially Implemented in 2026, Cayman Islands Web3 Foundation Registrations Surge by 70% [Copy]
