Fees

SETUP & ANNUAL FEES

Corporate Services

  • Incorporation of a standard Jersey Company £1,000 (minimum) */**
  • Transfer in of existing Company £1,000 (minimum)**
  • Provision of Registered Office £1,000 (minimum)***
  • Provision of Company Secretary £1,000
  • Provision of Director from £1,000 (minimum)
  • Annual Compliance Monitoring Fee £500 (minimum)**
  • Dissolution or transfer out £1,000 (minimum)

* does not include the annual return or incorporation fee payable to the Jersey Financial Services Commission (from £150-£550 on incorporation and £210 for each year subsequently).

** additional fees may be charged where there are more than 3 beneficial owners and/or any of the proposed beneficial owners are Politically Exposed Persons (PEPs) or nationals or residents of certain high risk jurisdictions or activities are high risk.

*** provision of Registered Office only services is a reduced service and considered high risk by the Jersey Financial Services Commission.

Trust fees

Fees for arranging the preparation and engrossment of the Trust instrument, including the establishment of the principal records of the Trust and to assist with a Letter of Wishes. This cost excludes any legal fees incurred.  £2,000 (minimum)

Annual responsibility fees

Responsibility fee for the provision of a corporate trustee, payable on execution and 1st January annually thereafter. Responsibility fees are not pro rata and will be charged for the following year, unless notification of termination or transfer is received at least seven working days prior to 31st December.

OTHER FEES

Time charges

Time is chargeable in units of 6 minutes at the following hourly rates:

  • Director / Senior Manager / Compliance Director £300/ph
  • Accountant / Senior Administrator / Manager or similar £200/ph
  • Company Secretary or similar £150/ph
  • Administration, Bookkeeping and Support Staff £100/ph

Accountancy and taxation

The following items are chargeable on a Fixed Fee basis depending on activity:

  • Preparation of annual accounts from £1,000
  • Dealing with the Companies tax affairs:
  • Jersey tax return £250
  • UK VAT / NRLS / CT return £350
  • Per FATCA / CRS reporting per entity £250

Contact us in the strictest confidence to discuss our services & how we can help ensure your affairs are dealt with.