Align, Build, Grow Pwc Caribbean 2014

www.pwc.com/cb Align, Build, Grow PwC Caribbean 2014

Supporting leading sectors in the Caribbean with the strength of our industry knowledge, capabilities and experience

©John Matheson “Coming together is a beginning; keeping together is progress; working together is success” — Henry Ford

Best wishes for 2014

The biggest issue we see facing our clients revolves around how that two qualifications give us a distinct advantage: We have highly to grow profitably in a challenging economic environment – and talented and experienced people with the right skills and capabilities this goes for all types of businesses – whether local, regional or necessary to tackle the issues and opportunities facing our clients. international in scope. When we surveyed business leaders in our Secondly, we have the best network of firms in the Caribbean and in 16th Annual Global CEO Survey, we found they were continuing to 157 countries around the world to deliver services no matter where refine their operations, looking to cut costs without reducing value our clients operate. and seeking organic growth opportunities without large outlays of capital. Most important, they said they had a clear focus on More than ever, our focus is on how we can improve the delivery customers, and were working with them more closely than ever on of our services to our clients and increase their opportunities for programmes to stimulate demand, loyalty and joint innovation. success. We remain extremely humbled that organisations around the Caribbean and beyond continue to turn to us for help and advice. We work closely with our clients to help navigate change, transform their operating models, grow their business and build value for Darren Johnston, CEO, PwC Caribbean their customers – this is what PwC Caribbean does best. I believe Who we are Our primary industries and sectors include: Asset management PwC Caribbean is an integrated network of seven firms. Together, we serve clients across the Banking region in Bahamas, Bermuda, Cayman Islands, Consumer and industrial products and services East Caribbean (Barbados and BVI), Jamaica, Energy and utilities Trinidad & Tobago and Turks & Caicos. Telecoms We provide quality assurance, advisory, tax and Insurance and reinsurance corporate services to international, regional and local businesses, as well as a variety of Hospitality and tourism government organisations. Our 1,200 people work hard every day to help our clients succeed by navigating change, improving their operations, growing their business and delivering value to their customers. We also have ready access to the talent and expertise of 184,000 people in 157 countries across the PwC global network to achieve these aims.

To learn more, visit us at www.pwc.com/cb

This content is for general information purposes only and should not be used as a substitute for consultation with professional advisors. © 2013 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. PwC Caribbean

Also contact Territory Office address Telephone Facsimile for queries on

The Bahamas (BS) Providence House, East Hill St., Nassau (242) 302-5300 (242) 302-5350

East Caribbean • Barbados (BB) Barbados (246) 626-6700 (246) 436-1275 Anguilla, Antigua, Dominica, The Financial Services Centre, Bishop’s Court Hill, Grenada, Montserrat, St. Michael BB14004 St. Kitts-Nevis, St. Lucia, St. Vincent & the Grenadines • British Virgin Islands (BVI) British Virgin Islands (284) 494 4100 (284) 494 4480 Level 2, 139 Main Street Road Town, Tortola

Bermuda (BM) Dorchester House, 7 Church Street West, (441) 299-7136 (441) 295-1242 Hamilton HM 11

Cayman Islands (KY) Strathvale House, 90 North Church Street, (345) 949-7000 (345) 949-7352 George Town, Grand Cayman

Jamaica (JM) Scotiabank Centre, Duke Street, Kingston (876) 922-6230 (876) 967-1949 Belize

Trinidad & Tobago (TT) PricewaterhouseCoopers Building, (868) 299-0700 (868) 623-6025 Guyana 11-13 Victoria Avenue, Port-of-Spain

Turks & Caicos (TC) Abacus House, Tropicana Plaza, (649) 946-4890 (649) 946-4892 Leeward Highway, Providenciales

Offices also in Freeport, Grand Bahama (The Bahamas), Montego Bay (Jamaica), and San Fernando (Trinidad). U.S.A. Bermuda

GULF OF Bermuda and the Caribbean MEXICO Bahamas

Turks and ATLANTIC Caicos OCEAN

British Virgin Cayman Islands Islands

Jamaica

CARIBBEAN SEA Barbados

Trinidad & Tobago “Dream no small dreams for they have no power to move the hearts of men” — Johann Wolfgang von Goethe

©Brian Rosen

December S M T W T F S January 2014 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Sun Mon Tue Wed Thu Fri Sat 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 3 4 29 30 31 NEW YEAR’S

February 5 6 7 8 9 10 11 BS S M T W T F S 1 2 3 4 5 6 7 8 12 13 14 15 16 17 18 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 19 20 21 22 23 24 25 BB 26 27 28 29 30 31 1 KY 2 3 4 5 6 7 8 The Bahamas Barbados Bermuda Cayman Islands 1 January New Year’s Day 1 January New Year’s Day 1 January New Year’s Day 1 January New Year’s Day 10 January Majority Rule Day 21 January Errol Barrow Day 18 April Good Friday 27 January National Heroes Day 18 April Good Friday 18 April Good Friday 26 May Bermuda Day 5 March Ash Wednesday 21 April Easter Monday 21 April Easter Monday 16 June National Heroes Day 18 April Good Friday 6 June Labour Day 28 April National Heroes Day 31 July Emancipation Day 21 April Easter Monday 9 June Whit Monday 1 May Labour Day 1 August Somer’s Day 19 May Discovery Day 10 July Independence Day 9 June Whit Monday 1 September Labour Day 16 June Queen’s Birthday 4 August Emancipation Day 1 August Emancipation Day 11 November Remembrance Day 7 July Constitution Day 13 October Discovery Day 4 August Kadooment Day 25 December Christmas Day 10 November Remembrance Day 25 December Christmas Day 30 November Independence Day 26 December Boxing Day 25 December Christmas Day 26 December Boxing Day (observed 26 December Boxing Day Mon. Dec. 1) 25 December Christmas Day 26 December Boxing Day

Jamaica Trinidad & Tobago Turks & Caicos 2014 1 January New Year’s Day 1 January New Year’s Day 1 January New Year’s Day 5 March Ash Wednesday 3 - 4 March Carnival Monday and 10 March Commonwealth Day Tuesday National 18 April Good Friday 18 April Good Friday 21 April Easter Monday 30 March Spiritual Baptist 21 April Easter Monday Shouter Liberation Day 23 May Labour Day 28 May National Heroes Day holidays 1 August Emancipation Day 18 April Good Friday 16 June Her Majesty The Queen’s Birthday 6 August Independence Day 21 April Easter Monday 20 October National Heroes Day 30 May Indian Arrival Day 4 August Emancipation Day 25 December Christmas Day 19 June Corpus Christi 28 September National Youth Day 26 December Boxing Day 19 June Labour Day 13 October Columbus Day 1 August Emancipation Day 25 October International Human Rights Day 31 August Independence Day 24 September Republic Day 25 December Christmas Day (as decreed) Eid-ul-Fitr 26 December Boxing Day (as decreed) Divali 25 December Christmas Day 26 December Boxing Day “Strive not to be a success, but rather to be of value” — Albert Einstein

January S M T W T F S February 2014 1 2 3 4 5 6 7 8 9 10 11 Sun Mon Tue Wed Thu Fri Sat 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 26 27 28 29 30 31

March 2 3 4 5 6 7 8 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 16 17 18 19 20 21 22 30 31 23 24 25 26 27 28 1

2 3 4 5 6 7 8 Insurance and reinsurance

Transformational changes are putting existing insurance Our Insurance and Reinsurance practice is a leading business models at risk. Insurers that succeed will: provider of professional services to life, commercial, captive, and casualty insurers and reinsurers, and • Quickly adapt insurance brokers. • Focus on the customer • Continuously improve and build their analytical We can help insurance and reinsurance companies with the capability issues, trends and challenges they face, including: • Innovate and reinvent • Business strategy They will anticipate change and quickly capitalise on • Corporate governance emerging opportunities. • Risk and capital management Those slow to respond to change risk finding themselves • Fraud risks and controls priced out of the market, falling short of customer • Policy administration, claims and billing expectations, and under threat from aggressive new transformation entrants. • Actuarial issues • Regulatory compliance In the Caribbean, the insurance industry faces a particularly challenging environment with regulatory • Financial reporting, including insurance contracts and statutory accounting pressures, changing trading blocks and fierce, relentless competition. • Taxation • Mergers and acquisitions • Entity creation and corporate secretarial and advisory support “It is in your moments of decision that your destiny is shaped” — Tony Robbins

February S M T W T F S March 2014 1 2 3 4 5 6 7 8 Sun Mon Tue Wed Thu Fri Sat 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 23 24 25 26 27 28

April 2 3 4 5 6 7 8 TT TT ASH WEDNESDAY S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 9 10 11 12 13 14 15 TC 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 16 17 18 19 20 21 22

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30 31 1 2 3 4 5 TT Banking and capital markets

Banking and capital markets companies face multiple compliance, risk management, corporate governance, growth challenges: internal audit and adherence to International Financial Reporting Standards. • Regulatory reform • More stringent capital requirements We help our clients: • Increased risk management considerations • Understand and comply with International Financial • Cost and complexity of technologies Reporting Standards • Enhanced reporting requirements (FATCA and other • Work through complex regulatory challenges initiatives) • Implement policies to comply with FATCA and other • Low interest rates global initiatives In the Caribbean, PwC professionals have worked with • Create policies to navigate risk and streamline banking and capital markets companies for decades. Our operations team of professionals in our Banking and Capital Markets • Deliver cost-effective technology for their clients practice offer value-creating ideas, innovative application • Support growth and cost management of leading-edge technology and deep industry experience • Increase the value from mergers and acquisitions to our clients helping them focus on what they do best. • Plan for and respond to crises The Caribbean Association of Indigenous Banks recently • Grow and make the most of human capital recognised us with its highest honour, the Diamond • Provide corporate secretarial and advisory support Award, for our assistance to the industry in regulatory “Don’t judge each day by the harvest you reap but by the seeds that you plant” — Robert Louis Stevenson

March S M T W T F S April 2014 1 2 3 4 5 6 7 8 Sun Mon Tue Wed Thu Fri Sat 9 10 11 12 13 14 15 16 17 18 19 20 21 22 30 31 1 2 3 4 5 23 24 25 26 27 28 29 30 31

May 6 7 8 9 10 11 12 S M T W T F S 1 2 3 13 14 15 16 17 18 19 4 5 6 7 8 9 10 GOOD FRIDAY 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 20 21 22 23 24 25 26 EASTER MONDAY 27 28 29 30 1 2 3 BB 4 5 6 7 8 9 10 Asset management

Asset managers and fund companies are facing a number of to delivering the highest quality services and advice challenges, including: to clients. We provide assurance, tax, consulting and corporate services to many of the largest alternative • The demand for alpha capture, which continues to drive investment companies. product innovation • A complex and far-reaching regulatory agenda We can help you: • A rethink of risk measurement and management • Global information reporting requirements arising • Meet your financial reporting obligations to from new regulations, such as FATCA stakeholders and regulators • A constantly shifting tax environment • Assess and improve governance structures • Investors and other stakeholders requiring greater • Manage regulatory complexity and associated transparency reporting requirements. • Evolution of independent governance models • Manage implementation of and compliance with FATCA • Attract and develop human capital Yet within this challenging environment, the asset • Comply with tax law as it affects partnership reporting management industry thrives in the Caribbean. Bermuda and the offshore fund industry and the Cayman Islands have developed into full-service • Develop tax-efficient structuring financial centres supporting internationally recognised • Assess internal controls, regulatory compliance and hedge funds, private equity funds, investment advisers risk management systems and processes and broker-dealers. Having recognised the importance of • Establish and maintain effective corporate legal the industry early on, we dedicate significant resources structures “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination’” — Jimmy Dean

April S M T W T F S May 2014 1 2 3 4 5 6 7 8 9 10 11 12 Sun Mon Tue Wed Thu Fri Sat 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 27 28 29 30 BB

June 4 5 6 7 8 9 10 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 11 12 13 14 15 16 17 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 18 19 20 21 22 23 24 KY JM 25 26 27 28 29 30 31 BM TC TT 1 2 3 4 5 6 7 Tourism, hospitality and leisure

The tourism, hospitality and leisure industry sectors are Our specialised experience and practical advice to the highly sensitive to economic and competitive market industry include: conditions. To survive, tourism, hospitality and leisure companies need to meet the challenges of today’s market • Market research and strategy by understanding and establishing strategy to address • Due diligence consumer expectations and trends, economic conditions, • Financial analysis technology, competition and concerns for public safety. • Business planning and economic impact analysis • Tourism studies In the Caribbean, the tourism, hospitality and leisure • Performance improvement industry is still feeling the lingering effects of the recent • Tax-efficient operating structures global economic recession but is beginning to regain lost • Tax compliance ground. We can help companies in this industry sharpen their business performance and develop a recovery • Legal services strategy tailored to their target markets. • Governance, risk and compliance • Entity creation and corporate secretarial and advisory support “Cherish your visions and your dreams as they are the children of your soul, the blueprints of your ultimate achievements” — Napoleon Hill

May S M T W T F S June 2014 1 2 3 4 5 6 7 8 9 10 Sun Mon Tue Wed Thu Fri Sat 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 25 26 27 28 29 30 31 BS

July 8 9 10 11 12 13 14 S M T W T F S BB, BS 1 2 3 4 5 6 7 8 9 10 11 12 15 16 17 18 19 20 21 13 14 15 16 17 18 19 BM, KY, TC TT 20 21 22 23 24 25 26 27 28 29 30 31 22 23 24 25 26 27 28

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6 7 8 9 10 11 12 Consumer and industrial products and services (including manufacturing, distribution and retail)

Manufacturing, distribution and retailing of a wide range Wherever your manufacturing, transportation, logistics, of consumer and industrial products are commonplace for or retail and consumer business ventures in or out of home-grown firms in the Caribbean. While multinationals the Caribbean, we can help you navigate the complex play a vital role in the development of Caribbean market regulatory, taxation and accounting issues that you face economies, local conglomerates are spreading their wings every day, including: and exploring opportunities in lucrative overseas markets. • Revenue growth and margins Adding to traditional business challenges, more • Inventory empowered consumers expect greater value from the • Cost control manufacturers, distributors and retailers of the products • Investment trends they buy. They are quick to publicly voice their opinions • Mergers and acquisitions online about the products and services they receive, • Product life cycle management adding a new dimension to customer relationship • Customer relationship management management. We can help you with this new challenge, • Sales and operations as well as the more traditional underpinnings of your business. • Integrated business planning • Service-oriented architecture technologies • Financial reporting and internal controls • Tax structuring • Governance, risk and compliance • Entity creation and corporate secretarial and advisory support “Thought is the wind, knowledge the sail, and mankind the vessel” — Augustus Hare

June S M T W T F S July 2014 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Sun Mon Tue Wed Thu Fri Sat 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 29 30

August 6 7 8 9 10 11 12 S M T W T F S KY BS 1 2 3 4 5 6 7 8 9 13 14 15 16 17 18 19 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 20 21 22 23 24 25 26 31 27 28 29 30 31 1 2 BM 3 4 5 6 7 8 9 Telecommunications and information and communications technology

Disruptive innovation, social media, device and enterprise We can help you with: convergence, and the explosion and protection of data — these are the forces driving business transformation • Traditional assurance and business advisory services in telecommunications and infocomm in an increasingly • Global human resource solutions and executive search mobile world. And regulatory challenges persist in all and selection markets, requiring companies to adapt internal systems • E-business services, including website efficiency and and controls. security and Internet strategy • Corporate finance PwC Caribbean works with international • Tax compliance and structuring telecommunications companies, as well as small start- • Governance, risk and compliance ups and local Internet and telecommunications service providers, to solve their most pressing business issues. • Entity creation and corporate secretarial and advisory support • Intellectual property protection “A #2 pencil and a dream can take you anywhere” — Joyce Meyer

July S M T W T F S August 2014 1 2 3 4 5 6 7 8 9 10 11 12 Sun Mon Tue Wed Thu Fri Sat 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 27 28 29 30 31 BB, BM, JM, TT

September 3 4 5 6 7 8 9 S M T W T F S BB, BS, TC JM 1 2 3 4 5 6 7 8 9 10 11 12 13 10 11 12 13 14 15 16 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 17 18 19 20 21 22 23

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31 1 2 3 4 5 6 TT Utilities, energy and mining

Economic development for the Caribbean depends on a From Trinidad and Tobago, a major player in the regional sufficient supply of energy and wise use of our natural oil and gas sector, to Jamaica, holder of some of the world’s resources. Utilities and energy and mining companies largest bauxite reserves, we provide professional services, are keenly aware that they must weigh the risks versus including: benefits of new projects, products and capital investment while addressing regulatory, safety and environmental • Business strategy concerns. • Financial management • Governance, risk and compliance Oil and gas, bauxite and precious metals are not • Operational effectiveness commodities that some readily associate with the Caribbean. At PwC, we know that the reality is quite • Transactions and deals different. • Leadership and people • Systems and IT • Capital projects and infrastructure • Tax and legal structuring • Entity creation and corporate secretarial and advisory support “Success is not final, failure is not fatal. It is the courage to continue that counts” — Winston Churchill

Photo courtesy of Wigton Wind Farm

August S M T W T F S September 2014 1 2 3 4 5 6 7 8 9 Sun Mon Tue Wed Thu Fri Sat 10 11 12 13 14 15 16 17 18 19 20 21 22 23 31 1 2 3 4 5 6 24 25 26 27 28 29 30 BM 31 October 7 8 9 10 11 12 13 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 14 15 16 17 18 19 20 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 21 22 23 24 25 26 27 TT 28 29 30 1 2 3 4 TC 5 6 7 8 9 10 11 Capital projects and infrastructure

Investment in infrastructure creates jobs and fuels At PwC, we combine our engineering and finance skills prosperity in the Caribbean. It can create opportunities to serve the entire asset life cycle of capital projects and for infrastructure operators, engineering and construction infrastructure, including assistance with governance, risk companies, materials suppliers and financial firms. management and compliance. Our teams can advise on:

Yet often large-scale capital projects suffer cost and • Project efficiency time overruns or fail to meet business objectives, which • Project disputes may threaten the implementation of business strategy, • Project management divert management focus or lead to refinancing or even • Project diagnostics, including independent financial insolvency. reviews and due diligence • Governance, risk and compliance

When public-private partnerships are an option, PwC can work with both governments and contractors to:

• Identify partners • Raise funding • Conduct value-for-money assessments and develop strategy • Turn around distressed projects • Provide accounting services • Develop and implement effective legal and joint venture structures • Provide corporate secretarial and advisory support “Ideas shape the course of history” — John Maynard Keynes

September S M T W T F S October 2014 1 2 3 4 5 6 7 8 9 10 11 12 13 Sun Mon Tue Wed Thu Fri Sat 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 28 29 30

November 5 6 7 8 9 10 11 S M T W T F S 1 2 3 4 5 6 7 8 12 13 14 15 16 17 18 9 10 11 12 13 14 15 BS, TC 16 17 18 19 20 21 22 23 24 25 26 27 28 29 19 20 21 22 23 24 25 30 JM TC 26 27 28 29 30 31 1

2 3 4 5 6 7 8 Government and public services

With continued economic challenges in the short term, Our professionals bring hands-on knowledge of systems governments increasingly must do more with less. Across standards, internal controls and financial reporting. We the Caribbean, government officials struggle to measure help government agencies regionally and globally to solve accountability and performance. Success requires changes complex business issues and add value to performance to: through our service offerings in:

• Develop and support department-wide strategies • Human capital • Manage risk and compliance • Enterprise effectiveness • Harness business intelligence and analytical • Financial management capabilities • Governance, risk and compliance • Program management Working together with our clients – across local • Technology government, health, education, transport and • Legislative analysis and drafting international development – we look for answers on how to increase efficiencies while improving quality and outcomes. We help develop solutions that add value and are practical to implement. “If opportunity doesn’t knock, build a door” — Milton Berle

October S M T W T F S November 2014 1 2 3 4 5 6 7 8 9 10 11 Sun Mon Tue Wed Thu Fri Sat 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 26 27 28 29 30 31

December 2 3 4 5 6 7 8 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 9 10 11 12 13 14 15 14 15 16 17 18 19 20 KY BM 21 22 23 24 25 26 27 28 29 30 31 16 17 18 19 20 21 22

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30 1 2 3 4 5 6 Healthcare

Although healthcare challenges can vary from region to PwC can also assist government agencies, health insurance region, health systems around the world have the same plans, healthcare providers, pharmaceutical companies and objective: to finance and deliver the highest possible trade associations in quantitative and statistical analysis quality of care to the most people at the lowest possible and focused research in health economics. We have expertise cost. PwC helps healthcare providers and payers and in many other aspects of healthcare, including: pharmaceutical companies around the world adapt to the growing demand of governments and consumers for • Electronic health records greater value from their healthcare investment. From • Public-private partnerships financial reporting to patient throughput, we have the • Operational reviews knowledge and experience that healthcare companies • Restructuring need.

Our highly respected, research-based healthcare thought leadership is available free on pwc.com. Thought leadership is just one of the ways we are helping the global healthcare industry deliver better care to patients and improve the health of people worldwide. “The power of imagination makes us infinite” — John Muir

November S M T W T F S December 2014 1 2 3 4 5 6 7 8 Sun Mon Tue Wed Thu Fri Sat 9 10 11 12 13 14 15 16 17 18 19 20 21 22 30 1 2 3 4 5 6 23 24 25 26 27 28 29 BB 30 January 7 8 9 10 11 12 13 S M T W T F S 1 2 3 14 15 16 17 18 19 20 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 21 22 23 24 25 26 27 CHRISTMAS BOXING DAY 28 29 30 31 1 2 3

4 5 6 7 8 9 10 The Bahamas Name: Commonwealth of The Bahamas Location: 21 27 N, 72 79 W Capital: Nassau Area: 13,940 km2 / 5,382 miles2 Airport(s): Lynden Pindling International - Nassau Grand Bahama International - Freeport Population: 364,000 Currency: Bahamian Dollar (BD) Languages: English (official) Motto: Forward, Upward, Onward, Together Anthem: March On, Bahamaland Date of Independence: 10 July 1973 (from the UK)

Principal Tax Filing & Payment Deadlines There are no significant corporate or individual income tax filing deadlines in the Commonwealth of The Bahamas due to the absence of income taxes. The main source of taxation in the Commonwealth of The Bahamas is derived from the imposition of customs duties on the importation of most goods. Barbados Name: Barbados Location: 13 10 N, 59 32 W Capital: Bridgetown Area: 431 km2 / 166.4 miles2 Airport(s): Grantley Adams International Population: 288,725 Currency: Barbados Dollar (BBD) Languages: English (official) Motto: Pride and Industry Anthem: In Plenty and In Time of Need Date of Independence: 30 November 1966 (from the UK)

Principal Tax Filing & Payment Deadlines Income Tax: Estimated tax for individuals earning > 25% of their income from business/rent due on 15 June, 15 September and 15 December. The balance must be paid on filing of the Income Tax Return by 30 April of the following year. Other individuals must pay 50% of the income tax due on filing the Income Tax Return on 30 April of the following year and the remainder on 30 September. Corporate Companies with Fiscal Periods Ended (FPE) Jan - Sep: Income Tax: Estimated tax payable by 15 September of current year. Income Tax Return and final payment due by the following 15 March. Companies with FPE Oct - Dec: Estimated tax payable by 15 December of current year and 15 March of the following year. Income Tax Return and final payment due by the following 15 June. Withholding: Remittance of tax deducted from payments made by the 15th of the following month or within 7 days of the tax being withheld. Payroll: Remittance of PAYE, Consolidation tax and Social Security by the 15th of the following month. Employer’s Annual PAYE Returns due by 28 February. VAT: Filing of bi-monthly VAT Return by the 21st of the month following the end of the VAT accounting period. Bermuda Name: Bermuda Location: 32 20 N, 64 45 W Capital: Hamilton Area: 53.3 km2 / 20.5 miles2 Airport(s): L.F. Wade International Airport Population: 69,080 Currency: Bermudan Dollar (BMD) Languages: English (official), Portuguese Motto: Quo Fata Ferunt [Whither the Fates Carry Us] Anthem: God Save the Queen (official) Date of Independence: Not applicable (overseas territory of the UK)

Principal Tax Filing & Payment Deadlines There are no significant corporate or individual income tax filing deadlines in Bermuda due to the absence of income taxes. Payroll taxes (applicable to employees normally resident in Bermuda) are payable quarterly on 15 April, 15 July, 15 October and 15 January. The main source of taxation in Bermuda is derived from payroll taxes and the imposition of customs duties on the importation of most goods. Cayman Islands Name: The Cayman Islands Location: 19 30 N, 18 30 W Capital: George Town Area: 262 km2 / 101 miles2 Airport(s): Owen Robert’s International Airport (Grand Cayman) Gerrard-Smith Airport (Cayman Brac) Edward Bodden Airfield (Little Cayman) Population: 56,732 Currency: Cayman Islands Dollar (CI) Languages: English Motto: He Hath Founded it Upon the Seas Anthem: God Save the Queen (National Song: Beloved Isle Cayman) Date of Independence: Not applicable (overseas territory of the UK)

Principal Tax Filing & Payment Deadlines There are no significant tax payment or filing deadlines in the Cayman Islands due to the absence of income or capital taxes. The main source of taxation in the Cayman Islands is derived from the imposition of customs duties on the importation of most goods. Jamaica Name: Jamaica Location: 18 15 N, 77 30 W Capital: Kingston Area: 10,991 km2 / 4,243 miles2 Airport(s): Norman Manley International (Kingston) Donald Sangster International (Montego Bay) Population: 2,909,714 Currency: Jamaican Dollar (JMD) Languages: English (official), Jamaican Motto: Out of Many, One People Anthem: Jamaica Land We Love Date of Independence: 6 August 1962 (from the UK)

Principal Tax Filing & Payment Deadlines Income Tax: Declaration of Estimated Income & Tax Payable - 15 March. Quarterly estimated tax payments - 15 March, 15 June, 15 September and 15 December. Filing of Annual Income Tax Return for prior year plus final tax payment - 15 March. Withholding: Remit tax/contractors levy deducted from payments made in each month by the 14th of the following month. Payroll: Remittance of PAYE, Education Tax, NIS, NHT and HEART contributions by the 14th of the following month. Annual Employers Returns in respect of PAYE, Education Tax and NHT/NIS are due by 14 January after the calendar year end. VAT: Filing of monthly General Consumption Tax (GCT) Return along with payment by the end of the following month. Trinidad & Tobago Name: Republic of Trinidad & Tobago Location: 11 00 N, 61 00 W Capital: Port-of-Spain Area: 5,128 km2 / 1,980 miles2 Airport(s): Piarco International (Trinidad) ANR Robinson International Airport (Tobago) Population: 1,227,505 Currency: Trinidad and Tobago Dollar (TTD) Languages: English (official), Hindi, French-Patois, Spanish Motto: Together We Aspire, Together We Achieve Anthem: Forged from the Love of Liberty Date of Independence: 31 August 1962 (from the UK)

Principal Tax Filing & Payment Deadlines Income Tax: Companies & Self-Employed Individuals: Payment of Estimated Income Tax/Corporation Tax/ Petroleum Profit Tax, Unemployment Levy, Business Levy, Green Fund Levy - 31 March, 30 June, 30 September, 31 December. Supplemental Petroleum Tax is computed quarterly and paid by 15th of the month following the end of the quarter. Filing of Annual Income/Corporation/Petroleum Tax Returns for prior year along with final tax payment - 30 April. Withholding: Remittance of tax within 30 days of making chargeable payment. Payroll: Remittance of PAYE, National Insurance and Health Surcharge by the 15th of the following month. VAT: Filing of bi-monthly VAT Return and payment due by the 25th of the following month. Turks & Caicos Name: Turks and Caicos Islands Location: 21 45 N, 71 35 W Capital: Cockburn Town (Grand Turk) Area: 430 km2 Airport(s): Providenciales International Airport Population: 47,754 Currency: US Dollar (USD) is used Languages: English (official) Motto: One People, One Nation, One Destiny Anthem: God Save the Queen Date of Independence: Not applicable (overseas territory of the UK)

Principal Tax Filing & Payment Deadlines There are no significant tax payment or filing deadlines in the Turks and Caicos Islands due to the absence of income taxes. The main source of taxation in the Turks and Caicos Islands is derived from the imposition of customs duties on the importation of most goods. Name Anguilla Belize British Virgin Islands Dominica

Flag

Location 18 15 N, 63 10 W 17 15 N, 88 45 W 18 30 N, 64 30 W 15 25 N, 61 20 W Capital The Valley Belmopan Road Town Roseau

Area 91km2 / 35 miles2 22,966 km2 153km2 / 59 miles2 754 km2

Airport(s) Wall Blake Airport Phillip Goldson International Terrance B. Lettsome Canefield, Melville Hall InternationalAirport

Population 15,754 334,297 31,912 73,286

Currency Eastern Caribbean Dollar (XCD) Belizean Dollar (BZD) Eastern Caribbean Dollar (XCD) Eastern Caribbean Dollar (XCD)

Languages English (official) English (official), Spanish, Mayan, English (official) English (official), Creole (French) Garifuna (Carib), Creole

Motto Strength and Endurance Sub Umbra Floreo [Under the Vigilate [Be Watchful] Après le Bondie, C’est la Ter Shade I Flourish] [After God is the Earth]

Anthem God Save The Queen (official) Land of the Free God Save The Queen (official) Isle of Beauty, Isle of Splendour

Date of Not applicable (overseas territory 21 September 1981 (from the UK) Not applicable (overseas territory 3 November 1978 (from the UK) Independence/ of the UK) of the UK) Political Status

Other regional territories Name Grenada Co-operative Montserrat Saint Vincent & Republic of Guyana the Grenadines

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Location 12 07 N, 61 40 W 5 00 N, 59 00 W 16 45 N, 62 12 W 13 15 N, 61 12 W Capital Saint George’s Georgetown Plymouth Kingstown Area 345 km2 214,970 km2 102km2 / 40 miles2 389 km2

Airport(s) Point Salines International Cheddi Jagan International John A. Osborne Airport Ebenezer Joshua, James Mitchell Int’l Population 109,590 739,903 5,189 103,220 Currency Eastern Caribbean Dollar (XCD) Guyanese Dollar (GYD) Eastern Caribbean Dollar (XCD) Eastern Caribbean Dollar (XCD) Languages English (official), Patois (French) English (official), Amerindian English English (official), Creole (French) dialects, Creole, Hindi, Urdu

Motto Ever Conscious of God We Aspire, One People, Each Endeavouring, All Achieving Pax et Justitia [Peace and Justice] and Advance as One People One Nation, One Destiny

Anthem Hail Grenada Dear Land of Guyana God Save The Queen (official) St. Vincent Land so Beautiful!

Date of 7 February 1974 (from the UK) 26 May 1966 (from the UK) Not applicable (overseas territory 27 October 1979 (from the UK) Independence/ of the UK) Political Status

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May June July August S M T W T F S S M T W T F S S M T W T F S S M T W T F S 1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 1 2 4 5 6 7 8 9 10 8 9 10 11 12 13 14 6 7 8 9 10 11 12 3 4 5 6 7 8 9 11 12 13 14 15 16 17 15 16 17 18 19 20 21 13 14 15 16 17 18 19 10 11 12 13 14 15 16 18 19 20 21 22 23 24 22 23 24 25 26 27 28 20 21 22 23 24 25 26 17 18 19 20 21 22 23 25 26 27 28 29 30 31 29 30 27 28 29 30 31 24 25 26 27 28 29 30 31 September October November December S M T W T F S S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 6 1 2 3 4 1 1 2 3 4 5 6 7 8 9 10 11 12 13 5 6 7 8 9 10 11 2 3 4 5 6 7 8 7 8 9 10 11 12 13 14 15 16 17 18 19 20 12 13 14 15 16 17 18 9 10 11 12 13 14 15 14 15 16 17 18 19 20 21 22 23 24 25 26 27 19 20 21 22 23 24 25 16 17 18 19 20 21 22 21 22 23 24 25 26 27 28 29 30 26 27 28 29 30 31 23 24 25 26 27 28 29 28 29 30 31 30

2014 Calendar January February March April S M T W T F S S M T W T F S S M T W T F S S M T W T F S 1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 6 7 1 2 3 4 4 5 6 7 8 9 10 8 9 10 11 12 13 14 8 9 10 11 12 13 14 5 6 7 8 9 10 11 11 12 13 14 15 16 17 15 16 17 18 19 20 21 15 16 17 18 19 20 21 12 13 14 15 16 17 18 18 19 20 21 22 23 24 22 23 24 25 26 27 28 22 23 24 25 26 27 28 19 20 21 22 23 24 25 25 26 27 28 29 30 31 29 30 31 26 27 28 29 30

May June July August S M T W T F S S M T W T F S S M T W T F S S M T W T F S 1 2 1 2 3 4 5 6 1 2 3 4 1 3 4 5 6 7 8 9 7 8 9 10 11 12 13 5 6 7 8 9 10 11 2 3 4 5 6 7 8 10 11 12 13 14 15 16 14 15 16 17 18 19 20 12 13 14 15 16 17 18 9 10 11 12 13 14 15 17 18 19 20 21 22 23 21 22 23 24 25 26 27 19 20 21 22 23 24 25 16 17 18 19 20 21 22 24 25 26 27 28 29 30 28 29 30 26 27 28 29 30 31 23 24 25 26 27 28 29 31 30 31

September October November December S M T W T F S S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 6 7 8 9 10 11 12 4 5 6 7 8 9 10 8 9 10 11 12 13 14 6 7 8 9 10 11 12 13 14 15 16 17 18 19 11 12 13 14 15 16 17 15 16 17 18 19 20 21 13 14 15 16 17 18 19 20 21 22 23 24 25 26 18 19 20 21 22 23 24 22 23 24 25 26 27 28 20 21 22 23 24 25 26 27 28 29 30 25 26 27 28 29 30 31 29 30 27 28 29 30 31

2015 Calendar