The Government of The Bahamas

MINISTRY OF FINANCIAL SERVICES AND

INVESTMENTS

S.I. No. 88 of 2004

THE INTERNATIONAL BUSINESS COMPANIES ACT

(CHAPTER 309)

THE INTERNATIONAL BUSINESS COMPANIES

(AMENDMENT TO FEE SCHEDULE) ORDER, 2004.

In exercise of the powers conferred by section 194 of the International Business Companies Act, the Minister makes the following Order -

This Order may be cited as the International Business Companies (Amendment to Fee Schedule) Order, 2004.

Citation.

The Schedule to the International Business Companies Act, 2000 is repealed and replaced as follows -

Repeal and replacement of Schedule to Ch. 309.

(section 175)

"SCHEDULE

Fees to be paid to the Registrar

Matter in respect of which fee is payable	Amount of fee
Upon filing Memorandum of Association	$ 300.00
Upon filing Articles of Association	$ 30.00
Annual fee in respect of a company registered under this Act on 1^st January in each year where authorized capital is $50,000 and under	$ 350.00
Annual fee in respect of a company registered under this Act on 1^st January in each year where authorized capital is $50,001 and over	$1,000.00
Change of name	$ 50.00
Upon filing Articles of Dissolution and Resolution rescinding Articles of Dissolution	$ 100.00
Certificate of good standing, incorporation, continuation, arrangement, dissolution, merger or consolidation (certified or not)	$ 25.00
Inspection of file	$ 10.00
Increase of authorised capital from under $50,000 to above $50,000	$ 750.00
Increase of authorised capital of $50,000 or less to figure not exceeding $50,000	$ 75.00
Increase of authorised capital of above $50,000	$ 75.00
Reduction in authorised capital	$ 75.00
Certificate of Tax Exemption	$ 20.00
Authorised capital is $50,000 or less and continuing from under the Companies Act, 1992 to the International Business Companies Act, 2000	$ 350.00
Authorised capital is more than $50,000 and continuing from under the Companies Act, 1992 to the International Business Companies Act, 2000	$1000.00
Authorised capital is $50,000 or less and continuing from another jurisdiction	$ 100.00
Authorised capital is more than $50,000 and continuing from another jurisdiction	$ 400.00
Continuation from under the International Business Companies Act, 2000 to another jurisdiction	$ 200.00
Restoration of Company to Register	$ 600.00
Amendment to Memorandum of Association	$ 50.00
Amendment to Articles of Association	$ 50.00
Amended and restated Memorandum or Articles of Association	$ 50.00
Resubmission of Provisional Registration of documents continued from another jurisdiction	$ 100.00
Provisional Registration of a company continued from another jurisdiction	$ 500.00
Amended and restated Memorandum and Articles of Association	$ 100.00
Copy of or extract of any document on file not listed above (certified or not)	$ 15.00

Articles of Merger and Arrangements :

	(a)	authorised capital is $50,000 or less	$ 500.00
	(b)	authorised capital is more than $50,000	$ 700.00".

Made this 22nd day of October, 2004.

Signed

ALLYSON MAYNARD GIBSON

Minister responsible for International Business Companies


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