Fee Schedule
Capital Requirements & Fees - amounts expressed in US dollars (1 = 2.7169 EC)
Capital requirements
- There is no capital requirement for an International Business Company.
- For a bank:
the Licensee under either class of license
must maintain a deposit of at least 100,000 in
the prescribed manner.
- Class A license the IBCmust have a fully paid up capital of at least 1,000,000
- Class B license the IBCmust have fully paid up capital of at least 250,000.
- For insurance company: capital requirements range from; 50,000 to 100,000. 50,000 at least must be deposited or invested in a manner prescribed by the Minister.
Fees
ST. LUCIA INTERNATIONAL FINANCIAL SERVICES provides a very high level of service with competitive fees despite its state of the art registry system.
Registration:
International
Business Companies
Incorporation/Continuation fees are now pro-rated
as follows:
- Applications received between January - March : 300
- Applications received between April - June : 225
- Applications received between July - September : 150
- Applications received between October - December : 75
An annual registration fee of 300 for each IBC is due by 15th January in each and every year following incorporation.
The annual fee is the same whether the capital of the company is less than or more than 50,000.
- Name:
- Search online: free
- Reservation of one name for 30 days: 50 - IBC search:
- Online: 100
- Certified and sent by mail: 150 + courier - Registration of articles of merger/consolidation/ arrangement: 200
- Registration of articles of dissolution: 100
- Rescinding articles of dissolution: 100
- Amendment to a company’s memorandum and articles:
- within 30 days: 50
- over 30 days: 100 - Notice of decision to cease maintenance of register of optional document: 50
- Affidavit attesting to a company incorporated under this act continuing its incorporation under the laws of another jurisdiction: 100
- Restoration fee:
- within 6 months of being struck-off: 300
- after 6 months of being struck-off: 600
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International Trusts:
- Registration fees for International Trusts are pro-rated as in the case of International Business Companies. The fees are currently the same as for IBCs.
- The annual fee: 300
Licenses:
- Registered Agent:
- Annual fee: 3,500
- Registered Trustee:
- Annual fee: 5,000
- International Bank:
- Class A application fee: 500
Annual fee: 25,000
- Class B application fee: 500
Annual fee: 15,000
- International Insurance:
- Application fee: 500
- Annual fee: 2,500
- Mutual Funds:
- Public application fee: 500
Annual fee: 1,000
- Private application fee: 500
Annual fee: 500
- Administrator/manager application fee: 500
Annual fee: 1,000
- Administrator/manager restricted application fee: 500
Annual fee: 500
Miscellaneous:
- Certificate: 50 + courier
- Certified copy: 50
- Copy of document: 25
- Extract of document: 15
- Registration of document with Registrar: 50
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