Organization : Department of Commerce & Investment (DCI)
Facility : Renew Business Licence
Country : Cayman Islands
Website : https://www.dci.gov.ky/renew-business-licence
How To Renew Business Licence in Cayman Islands?
To renew a Sole Trader Trade & Business License you would need to provide the following documents:
** Sole Trader Application form
** Health & Pension certification (if no employees complete Sections A & D only)(attached) or Pension & Health Certificates
** Filing fee $75
** Licence fee unless qualified for a discount or waiver under the Micro/Small Incentive Program
Related / Similar Facility : DCI Freedom of Information Request Cayman Islands
To renew a Registered Company Trade & Business Licence you would need to provide the following documents:
** Registered Company Application form
** Health & Pension certification (if no employees complete Sections A & D only)(attached) or Pension & Health Certificates
** Stamped copy of the current year Annual Return & Lists
** Filing fee $75
** Licence fee unless qualified for a discount or waiver under the Micro/Small Incentive Program
For more information and assistance on the renewal process please send an email to info@dci.gov.ky
Renew Business Licence Here : https://online.gov.ky/dci/faces/guidance
Request a Copy of a Trade & Business Licence
Trade and Business Licences are issued electronically following the approval by the Trade & Business Licensing Board, therefore copies of your licence can be easily provided via email at your request. If you have submitted for a new licence or renewed an existing licence, you should expect to receive the licence or alternatively the board’s decision within 5-15 business days following the meeting.
If you do not receive the licence or during this period, you are advised to contact the Department of Commerce via email at info@dci.gov.ky for information on the status of your application. Additional printed copies of licences can be obtained at DCI business licensing counter located on the ground floor of the Government Administration Building for a fee of CI$10 per copy.
Guidelines On Business Licence Online Application
We have recently made changes to our online services, please read the instructions carefully to avoid any delays with your application. A license which has been expired for 5 months or more cannot be renewed. A new application must be submitted along with the required documents. Registered Companies where another company is a Director and/or Shareholder must submit their applications via the DCI Counter.
Completing the Form:
** This application does not support Internet Explorer. Use Google Chrome, Firefox or Safari.
** You will not be able to save your application and return to it later. If you click ‘Cancel Application’ at any stage, all data entered will be lost
** If page is left idle for 15 minutes, it will expire, and you may be returned to the main page.
What You Will Need
Depending on whether you are submitting for a new license, a renewal or an amendment, supporting documentation will be required. You can find those documents here: www.dci.gov.ky/licensing/trade-business-licensing/guidance. We strongly advise that you have this open in another tab to reference it while you are completing your application.
Police Clearance Certificate:
Applicants who must submit a Police Clearance Certificate are:
Sole Trader Grants:
Any applicant that has not lived in the Cayman Islands within the last five years (including Caymanians), or will operate a business that falls under a specific business category that requires a clearance. View the full list in the FAQ’s
Partnership Grants:
** All non-Caymanian partners, regardless of the business category.
** Any individual who is a partner in a firm, when the applicant is a firm.
Registered Company Grants and Amendments to the interested parties (members, directors etc.):
** All non-Caymanian Director(s) & Shareholder(s), and persons with less than five years of Permanent Residence, regardless of the business category.
** You must submit a Police Clearance Certificate or the receipt from the Police Clearance Online portal with your application. Your Police Clearance Certificate must be valid (accepted up to a maximum of 6 months after the date of issue).
** You must apply for your Police Clearance Certificate prior to completing the Trade and Business License application. You can apply for a Police Clearance Certificate here.
Payment:
** You will need to enable pop-ups to complete your online payment
** After payment has been authorised you will receive a confirmation email with your receipt which can be viewed, printed or saved.
Fees:
$75 (Grants/Renewals), $50 (Amendments)