We levy an annual fixed responsibility fee for the provision of foundation council officers. This fee will be dependent on the responsibility and complexity of the foundation, the foundation assets and its activities. This fee, which is subject to a minimum of $1,800 is an annual fee for accepting an appointment and does not include administration work or time.
Foundation Services are provided by:
GTA (Isle of Man) Limited which is licensed by the Financial Supervision Commission in the Isle of Man as a Corporate and Trust Service Provider and is covered by professional indemnity insurance.
Administration
When we undertake administrative, compliance or management work on behalf of client trusts, we render fees based on:
- One-off recurring package fees for administration and management.
- Activity/Time Charge Fees.
- Transactional Fees.
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