Fee Schedule

Capital Requirements & Fees - amounts expressed in US dollars (1 = 2.7169 EC)

Capital requirements

• There is no fixed capital requirement for an (unlicensed) International Business Company.
• For a bank: the Licensee under either class of license must maintain a deposit of at least US$100,000 in the prescribed manner.
  • Class A license the IBC must have a fully paid up capital of at least US$1,000,000
  • Class B license the IBC must have fully paid up capital of at least US$250,000.
• For an insurance company: capital requirements range from; US$50,000 to US$100,000. US$50,000 at least must be deposited or invested in a manner prescribed by the FSRA.

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

Annual fees due on restoration for calendar years prior to 2025 as follows: See SI 2024, No. 147

• Annual registration fee of US$300 for every year due.
• Penalty fees of US$150.

New Incorporation/Continuation fees applicable from calendar year 2025 as follows: See SI 2024, No. 147

• Applications received between January - March : US$400
• Applications received between April - June : US$300
• Applications received between July - September : US$200
• Applications received between October - December : US100

  An annual registration fee of US$400 for each IBC is due by 15th January in each and every year following incorporation.

  Penalty fees are applied from February 15.

• Name:

  -  Search online: free
  -  Reservation of one name for 30 days: US$50

• IBC search:
  

  - Online: View Register (free)/ Purchase PDF documents
  - Certified and sent by mail: US$150 + courier

• Registration of articles of merger/consolidation/ arrangement: $200
• Registration of articles of dissolution: US$100
• Rescinding articles of dissolution: US$100
• Amendment to a company’s memorandum and articles: US$50
• Notice of decision to cease maintenance of register of optional document: US$50
• Affidavit attesting to a company incorporated under this act continuing its incorporation under the laws of another jurisdiction: US$100
• Restoration fee:

  - within 6 months of being struck-off: US$300
  - after 6 months of being struck-off: US$600

Licenses:

• Registered Agent:
  -  Annual fee: US$2,500 {Effective January 2023}
• Registered Trustee:
  -  Annual fee: US$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: US$500
  -  Annual fee: US$2,500
• Mutual Funds:
  -  Public application fee: US$500
                     Annual fee: US$1,000
  -  Private application fee: US$500
                     Annual fee: US$500
  -  Administrator/manager application fee: US$500
                                                    Annual fee: US$1,000
  -  Administrator/manager restricted application fee: US$500
                                                    Annual fee: US$500

Miscellaneous:

• Certificate: US$50 + courier
• Certified copy: US$50
• Copy of document: US$25
• Extract of document: US$25
• Registration of document with Registrar: US$50

Updated 04 November 2024