DARE - Securities Commission of The Bahamas
Fees
For the promulgated fees in effect, please refer to the
Digital Assets and Registered Exchanges (Fees) Rules, 2024.
Fees for persons registered under Part III (Digital Asset Businesses)
| Category of Registration | Application Fee | Registration Fee | Annual Renewal Fee |
| Digital Asset Exchange | $6,250.00 | $18,750.00 | $18,750.00 |
| All other digital asset businesses | $3,750.00 | $12,500.00 | $12,500.00 |
| Digital asset exchange applying for an additional digital asset business activity
These fees are payable in addition to the application, registration or renewal fee for a digital asset exchange. |
$7,500.00 | $6,250.00 for any additional activities | $6,250.00 for any additional activities |
| All other applicants for an additional digital asset business activity | $5,000.00 | $3,750.00 for each additional activity | $3,750.00 for each additional activity |
Schedule of pro-rated annual fees
Fees for the registration of chief executive officer, compliance officer and money laundering reporting officer
| Category of Registration | Application Fee | Annual Fee |
| Chief executive officer | $575.00 | $800.00 |
| Compliance officer | $575.00 | $800.00 |
| Money laundering reporting officer | $575.00 | $800.00 |
Schedule of pro-rated annual fees
Filing Fees for persons registered under Part IV (Token Offerings)
| Description | Filing Fee |
| Filing of an offering memorandum (Application fee) | $6,000.00 |
| Filing of interim financial statements | No fee (if filed within prescribed time period) |
Administrative Fees
| Description | Filing Fee |
| Appointment or change in directors | $620.00 |
| Approval of issue, transfer, disposal or re-categorization of digital assets | $625.00 |
| Audit confirmation letters | $500.00 |
| Replacement certificates | $500.00 |
| Name change | $500.00 |
| Extension to file interim statements for a 1-month period (for a maximum of 2 extension requests) | $700.00 |
| Surrender of registration certificate | $500.00 |
| Application for exemption or modification | $500.00 |
Please note that conversion charges will apply for fees remitted via wire transfer (USD).
Applications
- Form 1 Part A (Application for Registration as Digital Asset Business)
- Form 2 Part A (Personal Questionnaire for Director, Founder, Beneficial Owner, Officer, and Significant Interest Holder for persons registered under Part III of the Act )
- Form 3 Part A (Application for Registration as CEO or Compliance Officer of Digital Asset Business)
- Form 1 Part B (Application by Registered Digital Asset Business, Registered Firm or Financial and Corporate Service Provider to Carry on Digital Asset Business Services )
- Form 1 Part C (Application for Registration of Digital Token Exchange)
- Form 1 Part D (Application for Registration of Initial Token Offering)
Annual Information Update Form
Position Statements and Other Information
Alerts and Notices
DARE 2023 Consultation Information
Review Period: Now Closed (25 April 2023 – 31 May 2023)
