Version 17/1/95

INTERNATIONAL BUSINESS COMPANIES

Fees and expenses for incorporating a 'standard' International Business Company having an authorised share capital of $5,000.00 and shares having a par value (including first year's retainer): -

Legal Fees

Incorporation                                  $600.00
Annual retainer for maintaining Registered
Office & Statutory records and acting as
Registered Agent                                $400.00    $1,000.00
Expenses
Filing Fee                                     $100.00
Certified Copies of Documents                   $60.00
Cost of Company Seal                            $37.50
Cost of Company Sign                             $9.00
Cost of Share Certifcate Book                    $25.00      $231.50

TOTAL                                         $1,231.50

* Fees and expenses quoted may be subject to change.

All out-of-pocket expenses (eg. postage, deliveries, fax, telephone, copies) will also be charged to your account

All amounts are quoted in B$, but may be paid in US$ after applying an exchange rate of B$1.00: US$0.995

Directors are provided on a selective basis for an annual fee of $550.00 per director. An indemnity in favour of the director is required from the Beneficial Owner.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.