Fees

TRUST FORMATION: 

The minimum fee to include all disbursements is £2,500 for a standard formation.

COMPANY FORMATION: 

The minimum fee to include all disbursements is £1,800 for a Jersey Company standard formation.

FOUNDATIONS AND JERSEY LIMITED PARTNERSHIPS:

We will be pleased to quote for the formation of these structures.

TRUSTEE RESPONSIBILITY FEE: 

This is an annual fee payable in advance and is not time-based. Currently the fee is £2,300. (These fees are non refundable after the due date of 1st January, each year).

COMPANY DOMICILIARY FEE: 

This fee is paid in advance, annually, to cover the following matters as appropriate:- Provision of Company Secretary Provision of Registered Office Storage of Statutory Records Provision of Nominee Shareholders Preparation, signature and submission of a Jersey Annual Return form Provision of Directors This is an annual fee payable in advance and is not time based. Currently the fee is £2,300. (These fees are non refundable after the due date of 1st January, each year). Where appropriate, it is the practice of the company to collect foreign agent’s fees, ISE fee (International service entity) and the annual filing fee at the time of collecting this fee.

ADMINISTRATION: 

Administration and secretarial services are charged on a time basis.  The Financial Services (Jersey) Law 1998 regulates Anglo Saxon Trust Limited.  A minimum annual administration charge of £1,200 may be billed annually in advance.  Administration fees are billed quarterly for more active clients.

ACCOUNTANCY SERVICES: 

We are required to prepare and finalise all client financial statements each year.  These services are provided on a time-cost basis and are subject to a minimum of £750 and  Jackson Fox our Chartered Accountancy practice can be utilised for more complex accounting requirements.

 

 Notes

Any commissions received in respect of a Trust’s affairs are rebated in full.

Fees may include the cost of referral fees paid to professional contacts. Such fees can vary between 2.5% and 12% of time billed.