Hello,
I'm wanting to set up a micro business in the Cayman islands where I'm a resident expat .
I'm aware you need a Caymanian business partner.
My question is, can I apply for a business license for my micro business or do I need to have a company incorporated.
The company incorporated seems to very expensive for a micro business and was wondering what other options are their ?
Expats setting up a micro business
5
1188
First, what kind of business are you talking about? Second, what kind of resident are you? (Permanent or Temporary or Work Permit)
2
FeFee you may need to consider first where your business is going to supply its goods / services. If outside of the Cayman Islands, you may fall into a different category and may not need a trade and business licence. If you are supplying goods / services within the Cayman Islands then the regulatory requirements are strict and need to be followed.
Subscribe to this topic
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"