Application fees, licence fees and annual licence renewal fees are given below. Fees are subject to change; applicants must ensure that fees are submitted in accordance with the Financial Services Commission (Fees) Regulations, 2010.

Class I Trust Licence

Application Fee

Licence Fee – licence granted before July 1

Licence Fee – licence granted after June 30

Annual Licence Renewal Fee*

 

Class II Trust Licence

Application Fee

Licence Fee – licence granted before July 1

Licence Fee – licence granted after June 30

Annual Licence Renewal Fee

 

Restricted Class II Trust Licence

Application Fee

Licence Fee

up to 10 trusts

(aa) for licences granted before July 1

(bb) for licences granted after June 30

 

11 to 25 trusts

(aa) for licences granted before July 1

(bb) for licences granted after June 30

 

26 to 50 trusts

(aa) for licences granted before July 1

(bb) for licences granted after June 30

 

Annual Renewal of a restricted Class II trust licence with-

(i) Up to 10 trusts

(ii)11 to 25 trusts

(iii) 26 to 50 trusts

 

Restricted Class III Trust Licence

Application Fee

Licence Fee – licence granted before July 1

Licence Fee – licence granted after June 30

Annual Licence Renewal Fee

Fee (US$)

$1,000

$16,000

$8,000

$16,000

 

 

$1,000

$14,000

$7,000

$14,000

 

 

$500

 

 

$1,000

$500

 

 

$2,000

$1,000

 

 

$3,000

$1,500

 

 

$1,000

$2,000

$3,000

 

 

$300

$500

$250

$500