Fee Schedule - New Zealand Domestic Trusts

Formation Fee - $1650 paid upfront

Includes

  • Deed
  • Initial Gifting documents if required
  • Letter of Wishes
  • Opening Minutes
  • Initial KYC checks for parties associated with the Trust
 
 
 
 

 

Annual Charges

Fee for Acting as a Trustee or a Director of a Private Trust Company

Base Charge of $1,425 pa

 

Includes

  • Maintaining Trust Records
  • Casual Signing (at our offices – up to 10 minutes) – this covers most documents
 

 

Fee for CRS (Common Reporting Standard) Compliance

Charge of $330 pa

 

Notes:

  1. All prices are quoted in NZ$ unless stated otherwise and are + GST.
  2. All additional and bespoke work will be extra, charged at $595ph + GST.
  3. Prices quoted are for standard only.
  4. Unless specified otherwise we will hold the Trust Folder (original documents) at our premises.
  5. All fees are for our Trustee Company [Covisory Trust Limited] to be one of the Trustees. If a private trust company is required, the fee will be by negotiation.

 

Updated 9th August 2023