(CMR) The Department of Commerce and Investment (DCI) says an increase in trade and business licenses applications since the start of 2021 has resulted in a delay in processing applications.
This increase continues from last year when the Department saw a significant increase in applications after the government introduced a temporary waiver of application fees.
“DCI saw an increase in new businesses in 2020 as a result of government temporary waiver of trade and business licensing applications fees. We are still seeing a growth in applications which has caused some delays in processing both ordinary and expedited applications,” stated Deputy Director Mitzi Watson-Jervis.
The Trade and Business Licensing Board processed 14,890 trade and business applications in 2020, up from 11,634 in 2019. These included new grants, renewals, and amendments. Applications for new grants were 3,861 in 2020, up from 2,982 in 2019.
However, there are concerns that people have been uploading incorrect information online.
“Of some concern at this time is the level of incorrect information being uploaded onto the online system. We would like to appeal to applicants to carefully review information to ensure efficient processing. We are also asking the public to be patient with us as we expect to get back to normal turnabout times by the end first quarter in 2021,” Watson-Jervis said.
Applications for trade and business licenses can be submitted online at www.dci.gov.ky. Members of the public can contact DCI for trade and business and other licensing information via [email protected].