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ARTICLE · 29 DECEMBER 2015

Checklist Clarifies Licensing Requirements

With the new Trade and Business Licensing Law coming into effect on Friday, 1 January, persons can refer to this checklist to ensure they are completing the new licensing form, and providing the correct documentation.

Cayman IslandsCorporate/Commercial Law

With the new Trade and Business Licensing Law coming into effect on Friday, 1 January, persons can refer to this checklist to ensure they are completing the new licensing form, and providing the correct documentation.

The checklist, which was prepared by the Department of Commerce of Investment (DCI), also provides guidance for persons applying for Government incentives.

'With the imminent commencement of the law, it is important the public is aware there are new forms to submit, and additional information required, including health insurance and pension contribution confirmations,' DCI Director Ryan Rajkumarsingh said.

DCI's checklist states the licensing requirements for small and micro businesses, registered companies, sole traders, and persons seeking Local Companies (Control) Licences.

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