Licensed Exempt Company Fees

					Exempt Banks	Exempt Insurance
					US Dollars	US Dollars
European Trust 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 Declaration(s) of Trust Minute Binder Notice Board Listing Company Letterheads
Annual Government Registration Fee					500	500
Annual Government Licence					5000	5000
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

European Trust Co. Ltd. will prepare at no charge if European Trust Co. Ltd. is providing shareholders and directors.
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.
All banks and insurance companies must lodge audited annual accounts.

Licenced Exempted Companies