What Key Factors Should Risk Officers Consider When Using Generative AI
Schedule of Rates
1. Company Formation Rates (US $)
Government
First year/Set-up
Type of Entity Second year Fees Application
Fees
& Licence Fees
IBC’s (SVG) 500 300 225
Hybrids (SVG) 900 500 300
(a) 500, or
Trusts
850 (b) 0.5% of Fund, if 300
(Belize or SVG)
higher
Foundations (Panama) 1,550 800
Mutual Funds (SVG) 5,000 1,000 minimum 1,600
Insurance Companies
7,500 2,500 2,000 to 6,000
(SVG)
Offshore Banks (SVG) 20,000 2,000 minimum 14,000
SVG – St. Vincent and the Grenadines
If the rates for the type of entity in your jurisdiction of choice are not reflected above, please send us an
email at wilfredservices@gmail.com for a quotation. We are also amenable to offering volume discounts for
IBC’s ONLY.
We are also prepared to provide administration or investment management services (under a sub
delegation agreement) to Mutual Funds. Our fees in relation thereto are respectively: (a) 10 basis points (or
$8,000 per annum if higher) and (b) 1.25% of the value of the fund.
To apply for any of our services online, click (application form link).
2. Management and Administration Rates (US$)
Service Price / Rate
Managing / Executive Director To be negotiated
Nominee Director To be negotiated
Nominee Officer To be negotiated
Nominee Shareholder To be negotiated
Power of Attorney Ordinary 100.00
Notarized 50.00
Conveyance of property to an IBC 1.5% of value
Ship Registration (not including government fees)
1,200.00
(Government fee -- 150.00)
Redomiciliation of IBC 1,025.00
Redomiciliation of Hybrid 1,500.00
Amendment of Articles of Incorporation or Hybrid
150.00
instrument
Change of Company Name 150.00
Amendment of Board 150.00
Amendment of share capital 150.00
Change type of Shares 150.00
Filing of Articles of Merger 250.00
Certificate of Good Standing 125.00
Board Resolutions 50.00
Certificate of Registration 125.00
Duplicate copy of company document 100.00
Set of certified documents 125.00
Apostille of Certificate of Registration 50.00
Apostille of all documents 175.00
Company Search/Inspection 200.00
Certificate of Incumbency 50.00
Restoration to Registrar 300.00 minimum
Tax Exempt Certificate (Re-issue) 125.00
Notary Public 50.00
Winding up if confirmation of Registrar is required 375.00
Appointment of first Director 50.00
3. SCHEDULE OF VIRTUAL OFFICE SERVICES
PROVIDED BY WILFRED SERVICES LTD.
Each virtual office client receives the following basic items:
Mail Drop;
Physical Address in SVG;
Reception and /or Shipment of Envelopes and Parcels.
Service Price (in US$)
Mail Service $200
Annual Fee
Set-Up
Deposit against postage and phone
calls
Courier Service
FedEx – USA $50 per envelope
FedEx – International $75 per envelope
Telecommunication Service $150
Set-Up of Telephone Line with
Voicemail (can be retrieved by client)
Telephone Charges
Monthly $50
Office / Administrative Services $75 per hour plus cost of supplies/materials
Use of Conference Room (appointment
required for use)
Use of Work Station with Internet
Access
Hotel and Flight Reservations
Document Assembly and Packaging
Typing and/or Filing
Office Supplies
Fax $2.50 per page
Photocopying $0.15 per page