Tag: non-profit organisation

Changes to law cut charity costs and red tape

Changes to law cut charity costs and red tape

| 18/02/2019 | 4 Comments

(CNS): An amendment to the Companies Law made at the end of last year to reduce red tape and costs for local non-profits comes into effect on Friday, 1 March. Application fees for charitable entities applying to operate as a Section 80 company will be cut from CI$1,000 to $300 and administrative fees cut from $500 […]

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CIG looks to smooth local charity troubles

CIG looks to smooth local charity troubles

| 04/12/2018 | 29 Comments

(CNS): More than 400 churches, sports clubs, community groups and charities in the Cayman Islands that are registered with government have been experiencing major administrative headaches as a result of the Non-Profit Organisations Law, 2017, which was implemented to deal with the risks posed by offshore non-profit entities. So, in moves to help local charitable organisations […]

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Speaker blames red tape for closing his charity

Speaker blames red tape for closing his charity

| 14/08/2018 | 90 Comments

(CNS): Speaker of the House McKeeva Bush is blaming a law implemented by the current government, of which he is now a member, for closing a charitable foundation he established over twenty years ago. Bush said he “can’t put up with the bureaucracy” of the legislation, which is intended to improve transparency in the charity […]

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Hundreds of charities still not registered

Hundreds of charities still not registered

| 07/05/2018 | 41 Comments

(CNS): With just a few months to go before the legal deadline for charities and non-profit organisations to register in accordance with the law, officials have revealed that hundreds of entities that fall under the legislation have not yet registered. As of 16 April, just 63 charities, churches, service clubs, associations and other non-profit groups […]

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Ministry urges charities to register before fees imposed

Ministry urges charities to register before fees imposed

| 26/02/2018 | 3 Comments

(CNS): Local charities and non-profit organisations (NPOs) are being urged by the financial services ministry to register before the 15 June to ensure they meet the new deadline and take advantage of the current $300 application fee waiver. Filing by 15 June will allow applications to be processed in time to meet the 31 July registration […]

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