Tag: government fees
Regs posted allowing government to collect new fees
(CNS): Government fees for certain General Registry and Cayman Islands Monetary Authority (CIMA) services will come into effect in just over one week on 1 January 2025. With the rules relating to the newly passed legislation and the acts all assented to, the new fees that are expected to contribute millions to the public purse […]
Offshore related fees won’t increase in coming budget
(CNS): Firms operating in the Cayman Islands most important and lucrative economic pillar will not be subjected to any fee increases in the forthcoming budget, expected to be presented to parliament next week. According to a circular from the Ministry of Financial Services sent to stakeholders business fees across the financial services sector will remain […]
Viewpoint: Open Letter to Marco Archer
A CNS reader writes: In January 2010 the government increased custom tariffs on all dutiable imports within the Cayman Islands by 2%. This increase was applicable to goods consumed by all residents of the Cayman Islands and was said to be compensating for the policy decision to discontinue the charging of garbage fees to residential […]
