Fees with effect from 1 January 2020.
The above fees are indicative only and are generally minimum fee levels. Fees shown do not include the annual return or incorporation fee payable to the Jersey Financial Services Commission (from £150-£550 on incorporation and £235 for each year subsequently).
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. From £3,000.
Annual responsibility fee are charged for the first 12 months on incorporation or take-on. In the January of the following year, a further fee is levied to bring the annual fees into alignment with the calendar year. In the last quarter of a calendar year fees will be levied on take-on to the end of the following year on a prorated basis.
Time is chargeable in units of 6 minutes at the following hourly rates:
Time charges are generally levied quarterly in arrears.
The following items are chargeable on a Fixed Fee basis depending on activity:
Fees exclude GST if applicable.
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