For the promulgated fees, please refer to the First Schedule to the Trust and Corporate Services Providers Act, 2017[1]
Application, Annual Renewal, and Other Fees for Service Providers and their Principal Representatives licensed and registered, as the case requires, under the TCSP Act are set out below.
| Application Fee | Licensing Fee Payable on First Grant of a Licence | Annual Renewal Fee |
Corporate Service Providers | Fifteen thousand dollars ($15,000.00)
| Three hundred and fifty thousand dollars ($350,000.00) | Three hundred thousand dollars ($300,000.00) |
Trust Service Providers | Fifteen thousand dollars ($15,000.00)
| Five hundred thousand dollars ($500,000.00) | Four hundred thousand dollars ($400,000.00)
|
Trust and Corporate Services Providers | Fifteen thousand dollars ($15,000.00) | Seven hundred thousand dollars ($700,000.00) | Six hundred thousand dollars ($600,000.00) |
| Registration Fee Payable on First Grant of a Registration | Annual Renewal Fee | |
Principal Representative |
| One hundred and fifty thousand dollars ($150,000.00) | Fifty thousand dollars ($50,000.00) |
Other Fees | |||
Replacement of lost, stolen. defaced, or destroyed licence | Fifteen thousand dollars ($15,000.00) | ||
Intended change in status of licensee | Fifty thousand dollars ($50,000.00) | ||
Late filing of documents, etc. | Twenty thousand dollars ($20,000.00) | ||
[1] The Fee Schedule was inserted in the 2021 amendment to the TCSP Act.
