Cyprus Limited - Complete formation and renewal fees in a full service package

Company formation in Cyprus

2.650,00 € one-off fee
Benefits of a Single Source Provider
Complimentary legal and tax advice YES
Complimentary name check at the Register of Companies YES
Preparation of all necessary incorporation documents YES
Preparation of the memorandum and articles of association YES
All fees paid YES
Incorporation documents YES
A to Z directory incl. complete original documentation YES
Courier delivery or collection from our business centre YES

Bank Accounts
Complimentary business account opening in Cyprus YES
Complimentary personal account opening in Cyprus  YES
Complimentary advice – worldwide bank account opening YES

Registered Office and More
Complimentary provision of registered office and Company Secretary  YES
Upon request provision of nominees YES

Legal and Tax Advice
Obtaining corporate and individuals tax number YES
Obtaining Value Added Tax number (VAT)  YES
Opening balance sheet upon request YES
Continuous bookkeeping and income tax accounts YES
Monthly profit and loss sheet YES
Provision of employment contracts YES
Monthly payroll preparation YES
Obtaining social insurance number(s) YES
Ongoing legal and tax advice for the Republic of Cyprus YES

Operational in Cyprus
Assistance to find suitable premises for your business YES
Review of rental & purchase offers and contracts through our in-house experts YES
Lease contract and tenancy review YES
Support to obtain telephone and internet accounts YES
We walk to extra mile for our clients YES

Tax advice incl. Bookkeeping, accounting and audit

Annual fees for the complete package, due every 12 months

All services provided by a single source! In our company we exclusively employ lawyers, tax advisers and accountants with years of experience and they are happy to help you or your company at any time. Our company of course has the in Cyprus required ICPAC certification. The annual fees, due every 12 months includes the following services:


Tax Advice Incl. Bookkeeping, Accounting and Audit
Tax advice for your company YES
Complimentary client support by email, telephone or in person at our offices YES
Monthly payroll services free of charge for our clients YES
Quarterly VAT reporting YES
Ongoing bookkeeping YES
Preparation of audit YES
Review and obtaining client’s approval YES
Submission of audit preparation to auditors YES
Submission of IR4 (COMPANY’S TAX RETURN) to Cyprus tax authorities YES

Administration and Other Services
Registered office in Cyprus free of charge YES
Company secretary free of charge YES
Nominee services (if requested) YES
General Power of Attorney in case of nominee services YES
Immigration service YES
Obtaining Non-Domiciliation Status YES
Relocation Services incl. advice on international schools in Cyprus YES
Transaction Ratesselect within the first
twelve months
Summary of total fees
Formation fees in Cyprus EUR 2,650.00
Company without activities per 12 months EUR 1,750.00
plus 19% VAT EUR 836.00
TOTAL COST EUR 5,236.00
Settlement Date for the Incorporation and First Annual Fees

The incorporation fee (one-off payment) of EUR 2,650 is due upon acceptance of a new client, accompanied by the chosen first annual fees. All fees are exclusive of VAT, which is 19% in Cyprus.


Settlement Date of Annual Fees Every 12 Months Following Company’s Incorporation

The annual fees will be due twelve months after the registration of your company in Cyprus. These are inclusive of all services according to the package of your choice. You will automatically receive an invoice, sent by email.

Note: A Cyprus VAT registered company has the right, under certain conditions, to claim for refundable VAT.


Annual Levy

The ‘Annual Levy’, applicable in Cyprus since 2011, affects every company in Cyprus and comes to a flat rate of EUR 350.00. The deadline for this fee is due every year on 30th June (not included in the package).