Both open and closed-ended funds must pay application and annual fees to the GFSC.

According to the GFSC’s the main current fees, which can be found here, are set out below but are subject to review:

CategoryApplication (one-off fee)Annual
Licensee – Designated person of an authorised or registered Fund£2,210£3,162
Licensee – Principal Manager or Manager of an authorised or registered Fund£2,210£1,581
Other Licensees£2,210£3,162
Open Ended Fund£3,269£3,269
New Class of Umbrella£687£211
Closed Ended Fund£3,269£3,269
Non-Guernsey Fund£1,055£527