Bank/Insurance Co fees

Licensed Exempted Company Fee Schedule

Exempt
Banks
Exempt
Insurance
US Dollars
US Dollars
PITCO Incorporation fee calculated on a basis commensurate with work and responsibility involved, usually
3000
3000
Including non-recurring items -
Pre-incorporation correspondence
First Directors’ Meeting
Common Seal
Statutory Registers
Memorandum and Articles or constitution
Ledger
Share Certificates
Minute Binder
Notice Board Listing
Company Letterheads
Annual Government Registration Fee
500
500
Annual Government License
5000
1000
Recurring Annual Services
(payable before incorporation and annually thereafter):
- Provision of Registered Office and Registered Agent
500
500
- Provision of each Nominee Shareholder
200
200
- Provision of Company Secretary
300
300
- Provision of each Director and/or Alternate Director
1000
1000
- Compiling and Lodging of all Statutory Returns (Note 1)
time/cost
time/cost
- Holding and Minuting of Directors’ Meeting to accept Annual Accounts (Note 1)
time/cost
time/cost
- Giving Notice to all Shareholders of the Annual General Meeting (Note 1)
time/cost
time/cost
- Holding and Minuting of Annual General Meeting (Note 1)
time/cost
time/cost
Maintenance of:
Register of Allotments
Register of Charges
Register of Directors
Register of Transfers
Register of Directors’ Shareholding
Register of Members
Register of Secretaries
Register of Substantial Shareholders
(Note 1)
time/cost
time/cost
Payment Bond (payable on incorporation
1000
1000

Notes

  1. PITCO will prepare at no charge if PITCO is providing shareholders and directors.
  2. Time charges not relating to the above services are on a time-spent basis, including all management, accounting, and correspondence work in respect of a Company, Trust or Nominee account not covered by other specific charges. Time spent at the request of clients, outside normal business hours, will be charged at 1.5 times normal rates.
  3. All banks and insurance companies must lodge audited annual accounts.

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Copyright © 2000, Pacific International Trust Co Ltd This page last updated 09-Mar-2000