Vermont Captive: Fees

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Vermont Captive Fees & Taxes
posted July 2007

Vermont Captive Fees effective 1981
Activity	Related Fee
Initial Department Application Review	$200
Actuarial Application Review	$4,000
License, When Issued	$300
Annual License Renewal Due April 1	$300

All checks in payment of fees or services should be made payable to either of the following payee names:

Vermont Department of Banking and Insurance OR Commissioner of Banking and Insurance.

Vermont Premium Tax Rate Effective 1/1/2004 and for premiums written in calendar year 2004 and thereafter
Millions of Dollars	Direct Premium Tax Rate	Assumed Premiums Tax Rate
0-20	.38%	.214%
20-40	.285%	.143%
40-60	.19%	.048%
60	.072%	.024%

Premium Tax Form

I will be presenting at the Captives Strategic Advantages Seminar in Charlotte, NC on April 9th.