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Penalties for Those Operating with Expired T&B Licenses
 
Persons who operate their businesses using expired trade and business licences will be subject to paying fines under the Trade and Business Licensing Law (TBL).
As of 1 January 2017, penalties will be issued for business owners who allow their licenses to expire without renewing on a timely basis.
'The TBL aims to create fair competition and we are encouraging everyone to abide by the law and comply with their business licensing obligations', said Department of Commerce and Investment (DCI) Director Ryan Rajkumarsingh.
Section 23 (2) of the TBL law addresses persons operating with expired licences. Unless waived by the board, a licensee who fails to pay the renewal fee within 28 days after the expiry date of the licence must pay a surcharge not exceeding 25 percent of their renewal fee. The surcharge increases every month or part of a month that the renewal fee is not paid.
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Diamonds are Forever: Diamonds International's Chamber Business After Hours Diamonds International are proving that Diamonds really are a member's best friend by hosting yet another Chamber Business After Hours!
They are inviting all Chamber members to attend the BAH on Thursday, December 8 from 6:00 - 7:30 PM. The event will be held at the Watch & Design Store, 8 North Church Street.
There will be some fantastic prizes up for grabs in a must-participate-in raffle, with champagne and hors d'oeuvres being served throughout the evening.
Start celebrating Christmas early and get registered for the event today!
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TOMORROW: Inaugural Women's Entrepreneurship Day Luncheon
The Ministry of Education, Employment & Gender Affairs - in partnership with the Cayman Islands Chamber of Commerce, the Cayman Islands Small Business Association, and the Department of Commerce & Investment - are hosting the Cayman Islands' inaugural Women's Entrepreneurship Day event.
Tomorrow's Lunch & Learn celebration will see attendees enjoy a 3 course meal and engage in some inspiring, intellectual conversations.
Among those in attendance tomorrow include Marzeta Bodden (owner of Cayman Food Tours), Sabrina Turner (owner of Cayman Immigration Consultant Services), and Jo Anne Brown (CEO of Celebrations Ltd.).
The Hon. Minister Tara Rivers stated that it would be an honour to have "current and future women entrepreneurs join us for the inaugural event."
The event is now SOLD OUT with 100 persons showing their support for this important day.
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Beyond Basics are Back: Business After Hours Celebrate the grand re-opening of Beyond Basics as they host a Chamber Business After Hours.
The event takes place on Tuesday, December 13 from 5:00 - 7:00 PM at their new location in the Tomlinson Building, 3rd Floor.
Beyond Basics have a host of special guest speakers attending the special occasion, including:
- Lydia Sarfati - Repechage Founder
- Dr. Leon Alexander - Eurisko Design
- David Pataca - Reg Rep Syneron/Candela
- Dawn Clifford - Clinical Education Image Skincare
- Christin Burdette - Rep for Jane Iredale
- Randal Hedges - Professional Makeup Artist
So join us as we welcome back Beyond Basics!
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2017 Chamber Desktop Calendars have Arrived! Every year the Chamber of Commerce designs and distributes the Chamber Desktop Calendar. Packed with all the important dates you'll need to know, and with messages from 12 of our supportive members, the calendar is a must have.
And this year there's even more! New sponsors Water Authority have included their bill dates to ensure that Chamber members don't forget!
We've also raised the number of calendars we print to 2,500! Meaning that even more of you will be able to get your hands on one this year.
The calendars will be distributed to those who pay their membership investment first. As it is a first-come first-serve basis, we advise all our Chamber members to get their investments in as soon as they receive their invoice for 2017, giving them the best opportunity to get their hands on one of our fantastic and useful calendars.
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Perfect Your Financial Plan at Tomorrow's SME Workshop
A sound financial plan is crucial to any business, but perhaps especially more so for small-and-micro organisations. Luckily, the Cayman Islands Chamber of Commerce is here to help.
Tomorrow, from 5:30 - 7:30 PM, the Chamber - working in partnership with the Ministry of Financial Services, Commerce & Investment - will be hosting another workshop in our SME series, this time focusing on "Financial Planning for Micro and Small Businesses."
The session will be facilitated by Paul Muspratt - a member of the WB Financial Group in Cayman. Paul has over twenty years of professional accounting and management experience with a focus of financial services and hospitality.
Regardless of whether your business is big, small or micro - managing money should be your primary concern, and this workshop will walk you through the basic management and planning procedures.
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ICYMI: Fraud Prevention Skills Acquired by Attendees During 2016 Seminars
Attendees at Fraud Prevention Seminars on November 15 & 16 acquired crucial skills that will protect themselves and their businesses.
The seminars - which were organised by a partnership of the Cayman Islands Monetary Authority (CIMA), the Royal Cayman Islands Police Service (RCIPS), and the Chamber of Commerce - saw invited guests from Britain and the USA deliver speeches on how to protect against fraudulent behaviour and cash.
Among those facilitating seminars were British organisation De La Rue, the United States Secret Service, and Walter Hernandez from Cayman National Bank.
Each session was opened with a welcoming address by Chamber President Paul Pearson. Mr. Derek Byrne, Commissioner of Police for RCIPS, was also on hand during the morning session on Tuesday 15 to deliver some inspiring words; whilst Mr. Patrick Bodden, Deputing Managing Director of Operations for CIMA, was present during the afternoon sessions.
CONTINUE READING
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Chamber Confirms Dates for Two 2017 Events The Chamber of Commerce has confirmed the dates for two of its major events in 2017; the Careers, Education & Training Expo, and the Earth Day Clean-up.
The Careers Expo will be taking place on March 24, 2017 at the Sir John Vassel Johnson Hall, UCCI; whilst the Earth Day Clean-up will be held during the morning of April 22, 2017.
Over the years these two events have been tremendous for generating positivity within the Cayman Islands community, and we expect that 2017 shall be no different.
The success of these events cannot be achieved without help from the business community, however, and we are urging any businesses who may be interested in taking part in any of these events to contact us.
For sponsorship opportunities, contact Membership Coordinator, Nicola Burke, at membership@caymanchamber.ky. Alternatively, you can call on 743-9129.
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SALARY & BENEFITS SURVEY AVAILABLE FOR PURCHASE Contact Operations Manager, Kerry Pratt, on 743-9126 for more information. Alternatively, you can contact her by email.
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UPCOMING EVENTS & TRAINING SESSIONS Head over the the Event Calendar section of the Chamber website to see all the events and workshops that we have on offer.
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CAYMAN CAPTIVE FORUM 2016 FAST APPROACHINGRegistration for the 2016 Cayman Captive Forum is still open, with the conference only weeks away. The forum is being held at the Ritz Carlton, Grand Cayman. Register here.
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(345) 949-8090
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(345) 949-0220
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4-107 Governors Square
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West Bay Road
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PO Box 1000
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Grand Cayman KY1-1102
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caymanchamber.ky
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