Following on our E-newsletter on 3 November 2023, the Ministry of Financial Services of the Cayman Islands announced on 1 December 2023 that “a number of fee changes relating to companies, limited liability companies, exempted limited partnerships and limited liability partnerships are slated to take effect on 1 January 2024.”
Relevant amendments of legislations in respect of fee changes as below have been published in the Government Gazette on 30 November 2023:
- Amendment of Schedule 5 to the Companies Act (2023 Revision) – fees
- Amendment of the Schedule to the Limited Liability Companies (Fees) Regulations (2020 Revision) – fees
- Amendment of Schedule 1 of the Exempted Limited Partnership Regulations (2021 Revision) – fees
- Amendment of the Schedule of the Limited Liability Partnership (Fees) Regulations, 2020
If you have any questions regarding the above, please feel free to contact your Sertus Client Services Representative or contact us at info@sertus-inc.com.
Thank you.
Disclaimer Kindly note that this notice is not exhaustive but just intended to provide a general reference. This is not a legal advice and should not be regarded as a substitute for a specific legal advice that meet your circumstances. Sertus does not accept any responsibility for any errors or omissions of the contents of this note.