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Government warning to all Business Owners

From Marketing and Communications Unit

Ministry of Finance (Financial Services)

Government Administration Building

 

Trade & Business Licensing Unit

The Department of Commerce and Investment advises all companies and individuals that they must have a valid Trade and Business License to carry on business in the Cayman Islands.

Under Section 26 of the Trade and Business License Law (2007 Revision) the following is guilty of an offence and liable on conviction to a fine of CI$5,000 or imprisonment for 12 months:

Whoever-

(a) Willfully makes a false or inaccurate representation to the Board;

(b) Carries on or attempts to carry on without a licence a trade or business which is required to be licensed under this Law; or

(c) Being a person to whom a licence has been granted under this Law, carries on a trade or business in contravention of a condition or restriction contained in such licence.

The Trade and Business Licensing Unit will be carrying out inspections of business properties to ensure they are in compliance with the law.

The Unit is located in Government Administrative Building, 133 Elgin Avenue, George Town, and can be contacted on 945-0943 or [email protected]<mailto:[email protected]>.

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