Registration of a Company

Documents required for registration are:

  • Declaration of Compliance
  • Memorandum of Association
  • Articles of Association
  • Registration of Registered office
  • Particulars of Directors and Secretaries

 

Fee for Registration of Company

Fees are as follows:

Application for approval of name $20
Formation of company $110
   
Registration of charges for company documents  
Charges are as follows:  
Debenture $50
Mortgage $50
Instrument by way of security (IBWS) $50
Mortgage/Debenture $50
Addition (any above charges on the same day of the same company) $10
Satisfaction of all charges $20
   
IBWS (individuals) $40
Satisfaction(Individuals) $15
Increase in capital $50
   

 

Annual Return Fee

The annual return fee of the company depends on the nominal capital of the company and must be paid each year by the company.

The first annual return form must be filed after 12 months of forming/registering the company. Subsequent annual return forms must be filed before the 1st of July of the following year.

The annual return fees payable under Part XV of the Company Act shall be the amount equal to

 

In the case of any company having a nominal share capital of:  
Less than or equal $1,000.00 $20
More than $1,000.00 but less than or equal $10,000.00 $50
More than $10,000.00 but less than or equal $100,000.00 $100
More than $100,000.00 but less than or equal $200,000.00 $200
More than $200,000.00 but less than or equal $300,000.00 $300
More than $300,000.00 but less than or equal $400,000.00 $400
More than $400,000.00 but less than or equal $500,000.00 $500
More than $500,000.00 but less than or equal $600,000.00 $600
More than $600,000.00 but less than or equal $700,000.00 $700
More than $700,000.00 but less than or equal $800,000.00 $800
More than $800,000.00 but less than or equal $900,000.00 $900
More than $900,000.00 $1000
In the case of any company not having any nominal share capital $10

 

Penalty

Failing to file the annual return and payments of the fees for each financial year may result in the following penalties being imposed:

Where Submitted not more than one month after the 1st of July $10
Where Submitted more than one month after the 1st of July   $30

 

Failing to comply with these requirements by the 1st of September will result in steps being taken by this office to have the company struck off the Company Register.