By indicating to DCI that a business has ceased, business owners
will avoid paying late fees and other penalties for expired
licences, said Department of Commerce and Investment (DCI) Director
Under the law, which commenced on 1 January, licence holders
will need to provide DCI with the business licence number;
reference number; name of the business; and the date on which the
business ceased its operations.
Business owners also must provide identification (such as a
passport, driver's licence or voter's card); and a letter
stating their intent to cease a license for a business that is no
longer operational. If they wish, business owners may have a third
party submit the necessary documentation. However, they must write
and sign a letter authorising the third party to act on their
behalf in ceasing the business.
To cease a business, persons can submit their documentation in
person, via post, or email.
To do so in person, visit DCI's Business Licensing Counter,
formerly known as the Trade and Business Licensing Counter. Located
on the first floor of the Government Administration Building, the
counter is open 9am to 4pm, Mondays to Fridays.
By post, mail the documents to the Department of Commerce and
Investment, Government Administration Building, Box 126, Grand
Cayman, Cayman Islands, KY1-9000. Via email, send details to email@example.com.
For more information on ceasing licences, call DCI on
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