Most Read Contributor in Cayman Islands, September 2016
Persons applying for trade and business licences are now able to
have their police clearance certificates processed by the
Department of Commerce and Investment (DCI).
When seeking a licence, a business owner previously needed
two business days to request and receive a certificate from the
Royal Cayman Islands Police Service (RCIPS) to accompany their
application. However, as of 1 August, the DCI can save them the
time and legwork.
'Instead of going to the RCIPS, a person can complete
DCI's RCIPS Police Clearance application form; provide a
certified copy of their passport's photo page; and submit this
paperwork to DCI, along with the RCIPS processing fee of
CI$25', said DCI Director Ryan Rajkumarsingh.
'DCI will then request the certificate, and credit the fee,
to the RCIPS. Once we have the certificate, we'll add it to the
person's trade and business licence (TBL) application'.
All TBL applications, whether for new licences or renewals, must
be submitted at the Business Licensing Counter, located on the
first floor of the Government Administration Building.
'Incorporating the police clearance request with DCI's
other functions will improve the business licensing process and
reduce the possibility of delays with processing licensing
requests' Mr Rajkumarsingh said.
Minister of Commerce Wayne Panton said he is happy to see this
new procedure in effect, where business owners will be able to save
significant valuable time and effort on their applications.
'This Government continues to find ways to greatly enhance
our business licensing platform, and this is just the latest
example of the great work being done by Mr Rajkumarsingh and his
team at the DCI', he said.
Mr Rajkumarsingh said the police certificate will be accessible
only by DCI, which will keep a copy on file with the application.
Persons needing the certificate for other purposes must approach
the RCIPS themselves.
He also noted that within 30 days (although on average, 14 to 21
days) of a submitted application, DCI will notify the applicant via
email as to its status.
Alternatively, if an applicant does not have an email address,
he or she can visit the business counter within that same timeframe
for an update on the application. If the application has been
approved, the licence will be given at that time.
Confidentiality of corporate documents and information is one of
the key attractions of incorporating a company in the BVI. A
company search of the BVI Registrar of Corporate Affairs will only
disclose certain information and documents.
When pursuing a debt, it is common to add a claim for interest on the monies due.
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