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(1) These Regulations may be cited as the Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2026. (2) These Regulations come into force on 28th April, 2026.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Amendment of Schedule 1 to the Trade and Business Licensing Act (2026 Revision) - fees 2. The Trade and Business Licensing Act (2026 Revision) is amended in Part B of Schedule 1 as follows \u2014 (a) under the heading \u201cProfessional\u201d as follows \u2014 (i) in the definition provisions, by inserting in the appropriate alphabetical sequence, the following definitions \u2014 \u201c \u201cAccounting Service Provider\u201d means a person or firm that, in the course of business, provides accountancy services of recording, Regulation 2 Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2026 SL 21 of 2026 reviewing, analysing, calculating or reporting on financial information, and includes the provision of services falling within paragraphs (a) to (e) of the definition of \u201cpublic accounting services\u201d under the Accountants Act (2024 Revision) or the provision of tax advisory or tax compliances services; \u201cAudit Firm\u201d means a public practice firm that provides, or intends to provide, auditing services and is, or intends to be, registered under section 38 of the Accountants Act (2024 Revision); \u201cInsolvency Firm\u201d means a firm of qualified insolvency practitioners; \u201cpublic practice firm\u201d has the meaning assigned by regulation 2 of the Accountants (Application for Membership) Regulations (2024 Revision); \u201cqualified insolvency practitioner\u201d means a person holding the qualifications specified in the regulations made by the Insolvency Rules Committee under section 155 of the Companies Act (2026 Revision) or such other qualifications as the Grand Court considers appropriate for the conduct of the winding up of a company;\u201d; (ii) in the Category of trade or business provisions, by deleting items 1, 2, 9 and 11 and substituting the following respective items \u2014 \u201c1. Accountant including auditor, actuary, bookkeeper, statistician and insolvency practitioner $2,500 for each professional member of the business 2. Audit Firms, Accountancy Service Providers and Insolvency Firms: the fee in item No.1 for each accountant employed by the firm is in addition to the fee set out below in subparagraph (i)(d) to (g) \u2014 (i) Audit Firms (a) A firm of 1-5 accountants and other professionals; (b) A firm of 6-15 accountants and other professionals; (c) A firm of 16-50 accountants and other professionals; (d) A firm of 51-100 accountants and other professionals; $50,000 $80,000 $150,000 $250,000 Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2026 Regulation 2 SL 21 of 2026 (e) A firm of 101-150 accountants and other professionals; (f) A firm of 151-250 accountants and other professionals; (g) A firm of 251 or more accountants and other professionals $375,000 $475,000 $600,000 (ii) Accounting service providers (a) A firm of 1-10 accountants and other professionals;\u2019 (b) A firm of 11-50 accountants and other professionals; (c) A firm of 51 or more accountants and other professionals $2,500 $25,000 $60,000 (iii) Insolvency Firms (a) A firm of 1-5 accountants and other professionals; (b) A firm of 6-10 accountants and other professionals; (c) A firm of 11-15 accountants and other professionals; (d) A firm of 16 and more accountants and other professionals $10,000 $45,000 $75,000 $125,000\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_9\", \"num\": \"9.\", \"text\": \"Property developer: (i) being a person who carries out property development and is Caymanian owned and controlled $5,000 Regulation 2 Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2026 SL 21 of 2026 (ii) any other person, being a company which carries out property development and to which a licence has been granted under section 11(1) of the Local Companies (Control) Act (2025 Revision) (a) A company of 1-15 employees; (b) A company of 16 or more employees $10,000 $20,000\u201d;\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_11\", \"num\": \"11.\", \"text\": \"Real estate agency or real estate agent, being a person that deals in or offers to deal in land, by any or all of the following transactions relating to land: purchases, sales, rentals, tenancies or leasing (a) a real estate agency that is Caymanian owned and controlled (b) a real estate agent that provides evidence of Caymanian status (c) a person to whom a licence has been granted under section 11(1) of the Local Companies (Control) Act (2025 Revision) $750 for the agency fee, plus an additional $750 for each affiliated agent $750 $10,000\u201d; and Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2026 Regulation 2 SL 21 of 2026 (b) under the heading \u201cMiscellaneous\u201d by deleting the item \u201cA non-resident company or an exempted company or limited liability company      $800\u201d and substituting the following items \u2014 A non-resident company or limited liability company $800 An exempted company $12,500\u201d. Made in Cabinet the 15th day of April, 2026. 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fees\n2.\nThe Trade and Business Licensing Act (2026 Revision) is amended in Part B of\nSchedule 1 as follows \u2014\n(a)\nunder the heading \u201cProfessional\u201d as follows \u2014\n(i)\nin the definition provisions, by inserting in the appropriate\nalphabetical sequence, the following definitions \u2014\n\u201c \u201cAccounting Service Provider\u201d means a person or firm that, in the\ncourse of business, provides accountancy services of recording,\n\nRegulation 2\nTrade and Business Licensing (Amendment of Schedule 1)\nRegulations, 2026\n\nPage 4\n SL 21 of 2026\nc\n\nreviewing, analysing, calculating or reporting on financial\ninformation, and includes the provision of services falling within\nparagraphs (a) to (e) of the definition of \u201cpublic accounting\nservices\u201d under the Accountants Act (2024 Revision) or the provision\nof tax advisory or tax compliances services;\n\u201cAudit Firm\u201d means a public practice firm that provides, or intends\nto provide, auditing services and is, or intends to be, registered under\nsection 38 of the Accountants Act (2024 Revision);\n\u201cInsolvency Firm\u201d means a firm of qualified insolvency\npractitioners;\n\u201cpublic practice firm\u201d has the meaning assigned by regulation 2 of\nthe Accountants (Application for Membership) Regulations (2024\nRevision);\n\u201cqualified insolvency practitioner\u201d means a person holding the\nqualifications specified in the regulations made by the Insolvency\nRules Committee under section 155 of the Companies Act (2026\nRevision) or such other qualifications as the Grand Court considers\nappropriate for the conduct of the winding up of a company;\u201d;\n(ii) in the Category of trade or business provisions, by deleting items\n1, 2, 9 and 11 and substituting the following respective items \u2014\n\u201c1. Accountant\nincluding auditor, actuary,\nbookkeeper, statistician and\ninsolvency practitioner\n$2,500 for each\nprofessional\nmember\nof\nthe\nbusiness\n\n2. Audit Firms, Accountancy\n      Service Providers and\n      Insolvency Firms:\nthe fee in item No.1 for each\naccountant employed by the\nfirm is in addition to the fee set\nout below in subparagraph\n(i)(d) to (g) \u2014\n\n      (i) Audit Firms\n(a) A\nfirm\nof\n1-5\naccountants\nand\nother professionals;\n(b) A\nfirm\nof\n6-15\naccountants\nand\nother professionals;\n(c) A firm of 16-50\naccountants\nand\nother professionals;\n(d) A firm of 51-100\naccountants\nand\nother professionals;\n$50,000\n\n$80,000\n\n$150,000\n\n$250,000\n\nTrade and Business Licensing (Amendment of Schedule 1)\nRegulations, 2026\nRegulation 2\n\nc\n SL 21 of 2026\nPage 5\n\n(e) A firm of 101-150\naccountants\nand\nother professionals;\n(f) A firm of 151-250\naccountants\nand\nother professionals;\n(g) A firm of 251 or\nmore\naccountants\nand\nother\nprofessionals\n\n$375,000\n\n$475,000\n\n$600,000\n\n      (ii) Accounting service\n            providers\n\n(a) A\nfirm\nof\n1-10\naccountants\nand\nother professionals;\u2019\n(b) A firm of 11-50\naccountants\nand\nother professionals;\n(c) A firm of 51 or more\naccountants\nand\nother professionals\n\n$2,500\n\n$25,000\n\n$60,000\n      (iii) Insolvency Firms\n(a) A\nfirm\nof\n1-5\naccountants\nand\nother professionals;\n(b) A\nfirm\nof\n6-10\naccountants\nand\nother professionals;\n(c) A firm of 11-15\naccountants\nand\nother professionals;\n(d) A firm of 16 and\nmore\naccountants\nand\nother\nprofessionals\n$10,000\n\n$45,000\n\n$75,000\n\n$125,000\n\n9. Property developer:\n    (i) being a person who\n        carries out property\n        development and is\n        Caymanian owned and\n        controlled\n\n$5,000\n\nRegulation 2\nTrade and Business Licensing (Amendment of Schedule 1)\nRegulations, 2026\n\nPage 6\n SL 21 of 2026\nc\n\n(ii) any other person, being\n      a company which carries\n      out property development\n      and to which a licence has\n      been granted under\n      section 11(1) of the Local\n      Companies (Control) Act\n      (2025 Revision)\n\n(a) A company of 1-15\nemployees;\n(b) A company of 16 or\nmore employees\n\n$10,000\n\n$20,000\u201d;\n\n11. Real estate agency or real\n      estate agent, being a\n      person that deals in or\n      offers to deal in land, by\n      any or all of the following\n      transactions relating to\n      land: purchases, sales,\n      rentals, tenancies or\n      leasing\n(a) a real estate agency\nthat is Caymanian\nowned\nand\ncontrolled\n\n(b) a real estate agent\nthat\nprovides\nevidence\nof\nCaymanian status\n(c) a person to whom a\nlicence\nhas\nbeen\ngranted under section\n11(1) of the Local\nCompanies (Control)\nAct (2025 Revision)\n$750 for the\nagency fee, plus an\nadditional $750 for\neach affiliated\nagent\n$750\n\n$10,000\u201d; and\n\nTrade and Business Licensing (Amendment of Schedule 1)\nRegulations, 2026\nRegulation 2\n\nc\n SL 21 of 2026\nPage 7\n\n(b) under the heading \u201cMiscellaneous\u201d by deleting the item \u201cA non-resident\ncompany or an exempted company or limited liability company      $800\u201d\nand substituting the following items \u2014\nA non-resident company or limited liability\ncompany\n$800\nAn exempted company\n$12,500\u201d.\n\nMade in Cabinet the 15th day of April, 2026.\nKim Bullings\nClerk of the Cabinet","akn_extracted_at":"2026-06-22 15:42:13.733198+00","cms_id":"2026-S021A","law_type":"amending","year":"2026","number":"S021A","title":"Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2026 (SL 21 of 2026)","status":"in_force"},"provenance":{"files":[{"file_id":"6595","expr_id":"1755","kind":"akn_xml","filename":"2026-S021A.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/AMENDING\/2026\/2026-S021A\/2026-S021A.akn.xml","content_md5":"ccf0a03a342bfdf1dd918b04aece5277","byte_size":"8719","http_last_modified":null,"fetched_at":"2026-06-22 15:42:13.788147+00"},{"file_id":"3509","expr_id":"1755","kind":"pristine_pdf","filename":"2026-S021A.pdf","source_url":"\/cms\/images\/LEGISLATION\/AMENDING\/2026\/2026-S021A\/2026-S021A.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/AMENDING\/2026\/2026-S021A\/2026-S021A.pdf","content_md5":"9e4a553cca41094551061ade160e2ba3","byte_size":"216896","http_last_modified":null,"fetched_at":"2026-06-21 23:09:38.241053+00"},{"file_id":"3510","expr_id":"1755","kind":"working_pdf","filename":"2026-S021A.pdf","source_url":"\/cms\/images\/LEGISLATION\/AMENDING\/2026\/2026-S021A\/2026-S021A.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/AMENDING\/2026\/2026-S021A\/2026-S021A.pdf","content_md5":"9e4a553cca41094551061ade160e2ba3","byte_size":"216896","http_last_modified":null,"fetched_at":"2026-06-21 23:09:38.241053+00"}],"paragraph_count":4,"latest_history":null},"quality":{"expr_id":"1755","doc_id":"1755","quality_state":"needs_review","quality_score":"72","needs_human_review":"t","deterministic_categories":"{commencement_metadata_problem,duplicate_text,page_header_footer_noise}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_commencement_metadata}","finding_severity_counts":"{\"low\": 1, \"medium\": 2}","finding_summary":"repeated line furniture detected: regulations 2026 x7; sl 21 of 2026 x8; trade and business licensing amendment of schedule x5; duplicate-line ratio is 25.37%","assessed_at":"2026-06-22 15:29:46.673936+00","updated_at":"2026-06-22 15:29:46.673936+00"}}