Progress

The Create a Business-Friendly Climate driver group are meeting regularly to discuss the way forward to achieving the set objectives for their driver outlined on the main driver page. Progress will be recorded below:

a. Objective Progress

• The Department of Commerce and Investment are developing a comprehensive guide to investing in the Cayman Islands. The driver group is providing examples of how other jurisdictions provide a step by step guide for business investment and procedures. The goal is to make each business process easy to understand and to provide some timelines from receipt of the application to the time it is considered and approved.

 
b. Objective Progress

• Meetings have taken place between Government departments to discuss database integration strategies between key departments for processing and payment of fees: Trade and Business Licensing, Immigration, Pensions and Health Insurance.

• A Term Limit Review Committee, chaired by Mrs. Sherri Bodden-Cowan, has been established to review the term limit policy and prepare a report with recommendations within six months.