Cayman Islands Raised Company Fees

Cayman Islands Raised Company Fees

The Cayman Islands Companies (Amendment) (No. 2) Bill, 2012, was published recently in the territory's Official Gazette after the legislative assembly had approved it.

An amendment was made to:

Section 156 of the Law: the fee relating to a request on behalf of a company for removal from the companies register was raised from KYD 50 to KYD 75 (USD 90);

Section 200 of the Law: a fee of KYD 400 (USD 475) for an application for registration in the case of a merger was added; the fee relating to an application for the registration of a change of name was increased from KYD 75 to KYD 100 (USD 119);

Schedule 5 of the Law: the annual fee payable by an exempted company was increased by KYD 100; "certain other fees for which no fee is elsewhere prescribed" of KYD 25 (USD 30) were introduced. 

Download the Companies Law (Revision 2012)

Download the Amendment Bill No. 2 2012 from the Cayman Islands Government Gazette Office 

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