Trade and Business Licensing.Every person carrying on a trade or business mentioned in the Schedule to the Trade Business Licensing Law, 2.Further, if the company is less than 6.Cayman Islands Licensing Department' title='Cayman Islands Licensing Department' />The Cayman Islands Open for Business and Ready to Welcome Guests The Cayman Islands Department of Tourism.School locations.Search for NSW government primary and high schools available for enrolment by international students or temporary residents Find out more about.PartnerLogos600x400171505340374.jpg' alt='Cayman Islands Licensing Department Hours' title='Cayman Islands Licensing Department Hours' />Caymanian owned and controlled they will also require a Local Companies Control Licence issued under the Local Companies Control Law 2.Revision. For further information on the requirements and procedure for making an application for either of these licences, or to download a copy of the relevant laws, please click on the appropriate link on the left.Trade Business Licences.A Trade and Business Licence is a licence issued by the Trade and Business Licensing Board which allows a person company to carry on business in the Cayman Islands.It is required by anyone who wishes to carry on business in the Cayman Islands.How long does it take for an application for a Trade BusinessLocal Companies Control Licence to be processed An application may go before the Trade Business Licensing Board within two to four weeks or less following submission of the application.However this period may be greater, whenever an applicant has not provided all the requisite information.Once an application is reviewed by the Board, a decision will be communicated to the applicant via email within 5 1.Applicants may contact the DCI at anytime regarding the status of an application.Are there any other licensing requirements that I must comply with in order to operate a business here Yes.In certain circumstances, and depending on the nature of the proposed business, approval may be needed from other Government Departments, for example the Planning Department,the Department of Environmental Health, the Public Transport Board and but not limited to The Builders Board.The continuing scheduled 2.Trade Business Board Meetings are September 1.October 3rd, 1. November 1.December 1. 2th The Trade Business Board generally meets every two weeks The Trade Business Licencing Board Members for 2.Mr. Garth Arch. Chairman.Mr. Marcus Cumber.Cayman Islands Licensing Department' title='Cayman Islands Licensing Department' />Every person carrying on a trade or business mentioned in the Schedule to the Trade Business Licensing Law, 2014 must, unless exempted from this requirement under.Deputy Chairman. Mrs.Kriste Rankin. Member.Mrs. Lisa Powell Ebanks.Member. Mr. Michael Belfoure.Member. Mr. Audley Scott.Member. Director of Department of Commerce and Investment or designate.Member. Director of Environmental Health or designate.Member. Director of Planning or designate.Member. Local Companies Control Licences.A Local Companies Control License is issued to companies that are not Caymanian controlled or owned if so approved who wish to carry on business in the Cayman Islands.This is defined as those companies where less than 6.Caymanians. Most applications require both licenses.However there are instances where a Local Companies Control License is required but they are licensed to operate under another Law and do not require a Trade and Business License.Does an exempt company based in the Cayman Islands need a Trade BusinessLocal Companies Control Licence or any other sort of licensingAn exempt company based in the Cayman Islands requires a Trade and Business exempt licence which allows them to have a presence here, i.General Policy. The following general policies are being followed by the Trade Business Licensing Board until further advised.Every application will be considered on its own merit and although there are, at present, no specific businesses reserved exclusively for Caymanians by law or by Direction from the Governor in Cabinet, the Board is required by law and will have regard to the due protection of persons already engaged in business in the Islands and in particular Caymanians.Consequently, the Board will taken into account in considering any application whether the business or proposed business of the applicant is one that has been traditionally enjoyed primarily by Caymanians or is one in which Caymanians have a substantial representation.Foreign investment in the Islands will continue to be encouraged and welcomed and licences will continue to be granted where it is appropriate to do so.The public is reminded that in accordance with section 2.Trade Business Licensing Law, 2.Law. Further, a licence under that Law has no relevance to the qualification, skill or financial stability of the licensee. Magnolia Center Buena Vista Va Homes on this page. Contact Details. These guidelines are subject at all times to the provisions of relevant legislation and will be revised as and when necessary.Applicants should contact the Secretariat office of the Trade Business Licensing Board for further assistance tel 9.
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