Business owners now have clearer instructions for ceasing their trade and business licences, under the new Trade and Business Licensing Law.
Current and future licence holders are advised that the law features several amended or entirely new components, all of which are intended to create a level playing field for business owners, and to make the overall business licensing system much more efficient.
Residents in Cayman Brac will have a chance to learn about changes to the business licensing process this week.
The Ministry of Financial Services, Commerce and Environment is sending two bills – one regarding gambling in the cruise ship industry, and one relating to the licensing of liquor vendors – for debate in the Legislative Assembly this month.