Schedule of fees and levies
The fees and levies financial service providers (FSPs) pay
You pay fees for completing some transactions on the Financial Service Providers Register (FSPR) and we collect levies on behalf of the Financial Markets Authority (FMA). All financial service providers (FSPs) must pay fees to the Companies Office and levies to the Financial Markets Authority (FMA) when they register and when they complete their annual confirmation.
Paying fees and levies
All fees and levies are in New Zealand dollars. You can choose from a number of payment options.
All levies are listed in Schedule 2 of the Financial Markets Authority (Levies) Regulations 2012 and include:
- the types or classes of service provider — your class determines the levy you pay
- the levies that apply to each class, and
- which government agency collects the levies.
Registration fees
The fees and levies shown below are effective from 1 July 2020.
Service | Total excl GST | Total incl GST |
---|---|---|
Application fee | $300.00 | $345.00 |
Criminal history check fee (per person) | $35.00 | $40.25 |
FMA levy | $480.00 | $552.00 |
Authorisation fees
We collect the fees on behalf of the FMA.
When you apply to be: | Total excl GST | Total incl GST |
---|---|---|
an Authorised Financial Adviser (AFA) | $995.56 | $1,144.89 |
a Qualifying Financial Entity (QFE) | $4,248.89 | $4,886.22 |
These fees don't include assessment or examination fees for financial advisers charged by The Skills Organisation Incorporated, Delegated Assessment Organisations (DAOs) or other training providers.
Annual confirmation — Companies Office fee
Companies Office fee excl GST | Companies Office fee incl GST | |
---|---|---|
Annual confirmation | $75.00 | $86.25 |
The annual confirmation fee is $75 (plus GST).
Annual confirmation — FMA levies
All registered Financial Service Providers (FSPs) must pay FMA levies as part of their annual confirmation. The levies you pay depend on the services you provide.
Some exemptions apply. In some classes one member of a group of companies pays the levy for that class on behalf of the whole group. Check the notes to each class to find out where exemptions or group provisions apply.
The levies shown below are effective from 1 July 2020.