Fees

TRUST FORMATION: 

The minimum fee to include all disbursements is £1,500 for a standard formation.

COMPANY FORMATION: 

The minimum fee to include all disbursements is £1,500 for a 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 £1,950. (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 £1,950. (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 (circa £600), ISE fee (International service entity)(£200) and the annual filing fee (£150) 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 £1,000 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 £500 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.