Businesses react to hikes in government fees
There was a mixed reaction from Caymanian business community, following higher fee levels announced by the government late on 14 Nov.
Property was heavily targeted by the increased fees. Property developers with 16 or more employees will see the cost of their traders licence increase to $20,000 from $750, making it the largest fee increase in percentage terms. Smaller property developers with fewer than 16 employees will see fees jump to $10,000 from $750. For a more complete summary of the story, please see the below link:
Published on: Nov 21, 2025 03:11 PM