May 20, 2022

Foreign investors in Cayman Islands must direct LCCL applicants to TBL Board

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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, among other conditions, that the Board must consider efforts made by the foreign companies to […]