Laws Come Into Force, Company Information Kiosks Set for 1 October

Update from the Ministry of Financial Services:

Industry is advised that the commencement orders for the Companies (Amendment) Law, 2019 and the Limited Liability Companies (Amendment) Law, 2019 were published on 19 September.

The Limited Liability Companies (Fees) (Amendment) Regulations, 2019 was also gazetted this month.

In accordance with section 5 of the companies amendment law and section 3 of the LLC amendment law, as of 1 October, members of the public will be able to visit kiosks in the lobby of the Government Administration Building and view a list of names of the current directors and alternate directors of a company incorporated in the Cayman Islands and a list of names of the current managers of a limited liability company.

General Registry will oversee the viewings, with each request needing to be done in person and incurring a $50 administrative fee.

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