For ease of reference a summary of the fees payable is shown below. The annual fee is payable on or before 31 January each year. Businesses that are first registered during a calendar year will pay a pro-rata annual fee in respect of the number of calendar months or part thereof between the date of registration and the end of the year inclusive.
Application fee
£3,940
Annual fee
£1,288
Reduction of fees
The application fee and any annual fee will be reduced in the following circumstances:
by 50% where the business fulfils one of the conditions set out under a) and b) below:
by 75% where the business fulfils both of the conditions set out under a) and b) below:
a) the business is registered as a prescribed business under regulation 16 of the Criminal Justice (Proceeds of Crime) (Legal Professionals, Accountants and Estate Agents) (Bailiwick of Guernsey) Regulations, 2008; b) the business is a member of a group of companies where one or more other members of that group are also under an obligation to pay a fee to the Commission under the Fee Regulations.
