Limited Liability Companies (Fees) (Amendment) Regulations, 2024 (SL 38 of 2024)

Summary

This is a short amending regulation made under the Limited Liability Companies Act (2023 Revision) that changes the annual government fee payable by Cayman Islands limited liability companies (LLCs). It amends the Schedule to the Limited Liability Companies (Fees) Regulations (2020 Revision) by replacing item No. 10, which sets the annual fee payable under section 57(1) of the Act, with a new fee of CI$1,100.

• Made: The Regulations were made in Cabinet on 15 October 2024.
• In force: The Regulations come into force on 1 January 2025.

The document itself contains no other substantive changes -- it is a narrow fee-schedule amendment rather than a broader policy or procedural change.

Key obligations

• Limited liability companies must pay the revised annual fee of CI$1,100 under section 57(1) of the Limited Liability Companies Act, as set out in the amended Schedule, from the commencement date of these Regulations.

Applies to

limited liability companies

Deadlines

• 1st January, 2025: Commencement date of the Limited Liability Companies (Fees) (Amendment) Regulations, 2024, from which the revised CI$1,100 annual fee under section 57(1) applies.

Related documents

• This document amends Limited Liability Companies (Fees) Regulations (2025 Revision)
• This document amends Limited Liability Companies (Fees) Regulations (2020 Revision)
• Limited Liability Companies (Fees) Regulations (2025 Revision) replaces this document