Updated CIMA and Registry Fees Now in Effect
The Cayman Islands Monetary Authority (CIMA) and General Registry have implemented updated government fees for select services, effective 1 January 2025.
These updates include the introduction of new fees and adjustments to existing ones, some of which had remained unchanged for over a decade. The changes were developed following extensive consultation with industry stakeholders and approved by Parliament on 9 December 2024.
The fee revisions are supported by amendments to the following legislative acts and regulations:
- Banks and Trust Companies (Amendment) Act, 2024
- Companies (Amendment and Validation) Act, 2024
- Exempted Limited Partnership (Amendment and Validation) Act, 2024
- Limited Liability Companies (Amendment and Validation) Act, 2024
- Limited Liability Partnership (Amendment and Validation) Act, 2024
- Partnership (Amendment and Validation) Act, 2024
- Monetary Authority (Amendment and Validation) Act, 2024
- Insurance (Amendment and Validation) Act, 2024
- Companies Management (Amendment) Act, 2024
- Securities Investment Business (Amendment and Validation) Act, 2024
- Mutual Funds (Amendment and Validation) Act, 2024
- Private Funds (Amendment and Validation) Act, 2024
- Exempted Limited Partnership (Amendment) (No. 3) Regulations, 2024
- Limited Liability Companies (Fees) (Amendment) (No. 2) Regulations, 2024
- Limited Liability Partnership (Fees) (Amendment) (No. 2) Regulations, 2024
- Partnership (Fees) Regulations, 2024
- Banks and Trust Companies (Licence Applications and Fees) (Amendment) Regulations, 2024
- Companies Management (Amendment) Regulations, 2024
- Insurance (Applications and Fees) (Amendment) Regulations, 2024
- Insurance (Portfolio Insurance Companies) (Amendment) Regulations, 2024
- Money Services Businesses (Amendment) Regulations, 2024
- Mutual Funds (Annual Returns) (Amendment) Regulations, 2024
- Mutual Funds (Fees) (Amendment) Regulations, 2024
- Private Funds (Annual Returns) (Amendment) Regulations, 2024
- Private Funds (Fees) Regulations, 2024
- Private Trust Companies (Amendment) Regulations, 2024
- Securities Investment Business (Licence Applications and Fees) (Amendment) Regulations, 2024
- Securities Investment Business (Registration and Deregistration) (Amendment) Regulations, 2024
To view the updated fee schedule, please click here.