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DCI warns of penalties for lapsed license holders

The Department of Commerce and Investment told Cayman 27 those who need Trade and Business License grants or renewals before the end of the year have just one more week to submit paperwork.

The DCI said the licensing board will hold its last meeting of the year on December 6th. Applications must be submitted by next Wednesday (30 November) to make that meeting. The DCI also announced that as of January 1st, those who let their licenses lapse more than 28 days will be subject to a surcharge of up to 25%. Those penalties will go up every month a renewal goes unpaid.

About the author

Joseph Avary

Joseph Avary

Joe Avary joined the Cayman 27 team in January 2014, bringing nearly two decades of experience in TV news to the islands. He spends his time away from the office scuba diving, practicing yoga, and trying to make his friends laugh at his comedic stylings. He proudly calls the district of West Bay home, and loves nothing more than relaxing visits to the Sister Islands.

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