(Section 12) |
| FEES |
1. | Annual Fee | (a) US$300 |
| | (b) from the 1st day of January, 2021 to the 30th day of June, 2021, 50% of the amount specified under paragraph (a) |
2. | Registration Fee | |
| (1) | Where registration of an international trust takes place between— | |
| | (a) | 1 January and 31 March or on either of these dates, the registration fee payable at the time of registration shall be the annual fee; | |
| | (b) | 1 April and 30 June or on either of these dates, the registration fee payable at the time of registration shall be the annual fee reduced by 25%; | |
| | (c) | 1 July and 30 September or on either of these dates, the registration fee payable at the time of registration shall be the annual fee reduced by 50%; | |
| | (d) | 1 October and 31 December or on either of these dates, the registration fee payable at the time of registration shall be the annual fee reduced by 75%. | |
| (2) | The annual fee shall be paid on or before 15 January in every year following the registration of the trust. | |
3. | Registering change of particulars | US$50 |
4. | Inspection of register | US$50 per inspection |
5. | Voluntary cancellation of international trust | US$100 |
6. | Certified copies | US$50 per document |
7. | Uncertified copies | US$25 per document |
8. | Inquiries | US$25 per inquiry |
9. | Penalty for late payment of annual fee | |
| (a) | Within 30 days of due date of annual fee | US$50; |
| (b) | Over 30 days of due date of annual fee | US$100 |
10. | For any other application or matter not prescribed | US$50 |