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 ?
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.
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