(includes the provision of Registered Office, four Directors, Qualified Company Secretary and Nominee shareholder)

General administration fees include: preparation of all minutes, maintenance of company's registers, preparation and filing of statutory documentation and the holding of Directors' meetings. These fees are charged on a time basis with a minimum annual fee as stated above. Administration time spent on a daily basis will be charged at the prevailing hourly charge out rates and any time spent in excess of this minimum annual fee, will be charged at the usual quarter ends in arrears.

Preparation of Annual Financial statements will be charged on a time basis (subject to a minimum fee of £250). In addition, a quarterly bookkeeping charge of between £50 and £75 will be charged on the usual quarter ends in arrears.

All out of pocket expenses including travel, legal and/or otherwise will be charged at cost.