Company registration duty and document duty in Guernsey is fixed at £50 up to an authorised share capital of £10,000. Thereafter duty is payable at the rate of 1/2% subject to a maximum of £5,000. Shares may be issued at a premium, in which case duty is payable on the nominal value but not on the premium. For a company incorporated with a standard Memorandum and Articles and a share capital of £10,000 the legal and judicial fees and stamp duty would amount to approximately £600. The annual cost of running a company varies significantly, but as a general illustration the minimum annual cost of an Exempt Company would be as follows:

Annual registration fee                     100
Exempt Company fee                          500
Directors' fees (2), say                    300
Accountancy and secretarial fees, say     1,000

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