Most Read Contributor in Cayman Islands, September 2016
The Department of Commerce and Investment (DCI) reminds all
tobacco dealers that according to the Tobacco Law, late
applications for the registration of certificate renewals will
result in a penalty fee.
Applications submitted after 31 December, 2015 and up to 31
January, 2016 will attract a late fee of an additional 100% of the
registration fee. The deadline for the submission of applications
for the renewal of a certificate, valid for retailers, cigar bars
and wholesale distributors, is 1 November of each year.
Where the registration has expired and no application for
renewal is received by 31 January, the registrant should cease
operations and wait for twelve months before consideration may be
given to a new application for registration.
DCI Director Ryan Rajkumarsingh said tobacco dealers who do not
adhere to the law could face penalties.
'The Tobacco Law (2008) requires dealers to register their
tobacco products annually', he said. 'Failure to comply
means that persons are operating illegally, and therefore are
subject to fines or prosecution'.
The annual registration renewal fees are CI$500 for a retailer;
CI$750 for a cigar bar; and CI$5,000 for a wholesale
Applications for new licenses can be submitted at any time
during the calendar year, where the full fee per certificate is
applicable accompanied by a non-refundable fee of $100.
All forms are available on www.dci.gov.ky, and at the
Business Licensing Counter (formerly known as the Trade and
Business Licensing Counter) located on the first floor of the
Government Administration Building.
All applications must be submitted along with a current trade
and business licence certificate, and written notification of
changes made since the last registration, such as the dealer's
contact details, business location, ownership, and trade of
The Emirate of Dubai has followed its neighbour Abu Dhabi and introduced a compulsory health insurance for any person staying in Dubai - a new piece of legislation that you have probably already heard about.
Liquor licence holders – including those with music and dancing licences – in the Sister Islands must submit their licensing renewal applications by Friday, 2 September.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).