MOF-BUDGET Jun. 2016 | Page 46

Revenue Estimates 2016/2017 HEAD 8 Company Fees [ head 08] C O M PA N Y F EES ITEM NO. TITLE OF ITEM 10 REGISTRAR-GENERAL'S DEPARTMENT 9081100 Foreign Company Registration PROVISIONAL REVENUE ACTUAL (PROVISIONAL) REVENUE JULY - MARCH 2014/2015 2015/2016 $ $ APPROVED FORECAST REVENUE 2015/2016 $ PRELIMINARY PRELIMINARY FORECASTED FORECASTED FORECASTED REVENUE REVENUE REVENUE 2016/2017 $ 2017/2018 $ 2018/2019 $ 30,212 47,332 4,000 55,000 57,200 60,000 1,691,976 1,357,730 1,985,505 1,985,505 2,000,000 2,100,000 9081300 Bahamian Company Registration 512,949 434,279 560,000 578,000 588,000 590,000 9081400 Bahamian Company Annual Fees 2,684,282 2,664,059 2,720,850 3,000,000 3,250,000 3,500,000 125,980 HEAD 8 Company Fees151,605 185,000 300,000 325,000 325,000 9081200 Foreign Company Annual Fees 9081600 Foundation Fees (Documents) 9081700 Segregated Accounts 9081800 Executive Entities Registration 260,890 190,715 200,000 269,500 270,800 271,900 9,830 6,540 6,000 10,000 10,500 11,000 2015/2016 6,600 2016/2017 6,600 $ 10,000 75,000 PROVISIONAL REVENUE APPROVED PRELIMINARY PRELIMINARY 9081900 Executive Entities Fees 3,200 11,300 6,000 15,000 FORECASTED 15,000 15,000 FORECASTED ACTUAL (PROVISIONAL) FORECAST FORECASTED HEAD 8 Company Fees REVENUE REVENUE REVENUE REVENUE REVENUE 9082100 IBC Registration Fees 1,361,887 1,237,631 1,650,000 1,900,000 1,950,000 1,985,000 JULY - MARCH 2016/201775,000 PRELIMINARY 2014/2015 2015/2016 2015/2016 2017/2018 2018/2019 9082200 IBC Continuation Fees 69,395 67,035 APPROVED 45,000 75,000 PRELIMINARY 75,000 PROVISIONAL REVENUE FORECASTED ACTUAL (PROVISIONAL) FORECAST FORECASTED FORECASTED [46]ITEM TITLE OF $ $ $ $ $ $ 9082300 IBC Annual Fees 14,595,665 12,224,347 16,000,000 16,000,000 17,000,000 17,500,000 REVENUE REVENUE REVENUE REVENUE REVENUE Reservation 0 18,950 82,500 75,000 80,000 85,000 JULY - MARCH 2016/2017 DRAFT ESTIMATES OF REVENUE & EXPENDITURE ITEM Investment Condominiums 9083300 TITLE OF ITEM NO. d Name Reservation 0 9089100 Name Reservation 9089200 Extended Name21,346,965 Reservation EGISTRAR-GENERAL'S T SUB-TOTAL REGISTRAR-GENERAL'S ompany Fees DEPARTMENT 21,346,965 SUBTOTAL Company Fees 2014/2015700 $ 0 2015/20165,100 $ 18,950 180 10,000$ 0 18,416,803 180 23,461,455 21,346,965 18,416,803 21,346,965 18,416,803 10,000 24,279,605 10,000 23,461,455 23,461,455 18,416,803 82,500 23,461,455 24,279,605 24,279,605 24,279,605 2017/2018 2018/2019 6,600 6,600 $ $ 10,000 80,000 85,000 10,000 25,638,100 25,638,100 25,638,100 25,638,100 10,000 10,000 26,534,500 26,534,500 26,534,500 26,534,500