Foreign investors in Cayman Islands must direct LCCL applicants to TBL Board
Investors who are placing newspaper advertisements seeking Caymanian participation in business endeavours must ensure that the ads also direct persons to the Trade and Business Licensing Board. Section 11 (4) (e) of the Local Companies (Control) Licence Law (LCCL) states,…
Cayman Islands: New LCCL procedures in effect
From Cayman Islands Ministry of Financial Services, Commerce and the Environment The public is advised that procedural changes, which are designed to better uphold the Local Companies (Control) Licence Law (LCCL) are now in effect. As of Thursday, 1 September, Caymanians…