Below is a brief overview of the proposed changes:

Effective 1 January 2025, the revised fees associated with exempted limited partnerships include:

• Annual fees: from $1,200 to $1,300 where the exempted limited partnership is licensed or regulated pursuant to section 4 or 5 of the Mutual Funds Act (Revised) (the MFA) or registered pursuant to section 5 of the Private Funds Act (Revised) (the PFA).
• Annual fees: from $2,000 to $2,100 where not licensed or regulated pursuant to sections 4 or 5 of the MFA or not registered pursuant to section 5 of the PFA.

Foreign limited partnerships: from $1,550 to $1,650 for the annual fees chargeable under section 42(6) for a foreign limited partnership registered under section 42(3). The regulation can be found here

Effective 1 January 2025, the fees for limited liability partnerships (LLPs) have been updated to reflect the following:

• Annual LLP fees are raised from $2,000 to $2,100.
• Annual fee for a registrant partnership which is provisionally registered is increased from $1,000 to $1,100.

The regulation can be found here

Changes to the Companies Act will take effect on 1 January 2025. The adjustments include:

• The fee payable by a non-resident company with no registered capital, or a registered capital not exceeding $42,000, an annual fee of $900 (increased from $800).
• The fee payable by a non-resident company with a registered capital exceeding $42,000, an annual fee of $1,140 (increased from $1,040).
• The annual fee payable by an exempted company except a special economic zone company, in January of each year after the year of its registration, to the revenues of the Cayman Islands is as follows:
• in the case of an exempted company with no registered capital, or a registered capital not exceeding $42,000, an annual fee of $925 (increased from $825);
• in the case of an exempted company with a registered capital exceeding $42,000 but not exceeding $82,000, an annual fee of $1,225 (increased from $1,125);
• in the case of an exempted company with a registered capital exceeding $820,000 but not exceeding $1,640,000, an annual fee of $2,209 (increased from $2,109);
• in the case of an exempted company with a registered capital exceeding $1,640,000, an annual fee of $2,793 (increased from $2,693).
• The annual fee payable by a foreign company is $1,650 (increased from $1,550.

The Order can be found here

For limited liability companies (LLCs), the annual fee under section 57(1) has been updated to $1,100 (increased from $800), effective from January 2025.

The regulation can be found here

These adjustments reflect the government’s regular review of fees across different legal entities to ensure continued regulatory oversight and service efficiency in the Cayman Islands.

All fees above are referenced in Cayman Islands Dollars.