CAYMAN ISLANDS COMPANY FEES

CAYMAN ISLANDS COMPANY FEES US$ ORDINARY COMPANY Company incorporation (inc. incorporation expenses) 2,000 cost increases by $250 for 3+ shareholders, beneficial owners and/or directors cost increases by $250 for a corporate shareholder Basic Annual Fees • Work Undertaken ** Out of pocket expenses *** EXEMPTED COMPANY Company incorporation (inc. incorporation expenses) Company incorporation (inc. incorporation expenses and tax exemption certificate) cost increases by $250 for 3+ shareholders, beneficial owners and/or directors cost increases by $250 for a corporate shareholder Basic Annual Fees: • Work Undertaken ** Out of pocket expenses *** 1,350 2,350 4,450 1,830 OPTIONAL COMPANY SERVICES with annual fee Nominee Corporate Shareholder 450 Corporate Secretary/Assistant Secretary 450 Corporate Director (subject to review based on business objectives) 2,000 Company Formation: Company formation, first year basic and any optional annual fees are payable prior to incorporation. A due diligence fee based on our hourly rates may be charged where documents are not provided within 2 weeks of incorporation. • Basic Annual Fees: Providing corporate Registered Office 400 Accounting/maintaining company in good standing 325 Monetary Authority Fee 200 Government fee (ordinary) 370 [exempt] 855 Comm iiii ication charge: 7% of professional services rendered (min 50,) Basic annual fees are collected in advance. ▪ Work Undertaken: Hourly time charges apply for all work undertaken other than the basic maintenance, ranging between US$90-$200 (depending on the level of staff and complexity of work). A retainer based on an estimate of costs or a fixed fee is required to be paid prior to commencement of jobs and a full invoice will be issued upon completion. ••• Out of Pocket Expenses are additional. These may include the following: Courier charges, filing fees, stamp duty, communication, mailing, and such other incidental expenses as may from time to time arise. Monies to pay bills may be delivered by cheque, wire-transfer or credit card account. Whichever method is used, we need to receive the amount billed, net of all transfer costs that may be levied both by the sending and any receiving bank. Any transfer costs we incur will be charged as an out-of-pocket expense. Dormant Companies: Where a company's business purpose has finished but it is decided to keep the company open, a retainer of US$500 is required to be held on account EFTA01089564