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Working Hours:
Mo-Fr 9:00-18:00
Mo-Fr 9:00-18:00
Working Hours:
Mo-Fr 9:00-18:00
Mo-Fr 9:00-18:00
Fee schedule
Cyprus Companies Service and Maintenance
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Updated: 11.01.2024
All prices are exclusive of VAT and valid for 2024.
All prices are exclusive of VAT and valid for 2024.
Company incorporation and maintenance
Incorporation services
Incorporation fee
€2,250
Does not include annual levy and registration with tax authorities
Registered address
Included
1st and 2nd year
Secretarial service
Included
1st and 2nd year
Certificate of Incorporation
Included
Certificate of Directors and Officers
Included
Certificate of Registered Address
Included
Certificate of Shareholders
Included
Resolution of First appointment of director
Included
Memorandum and Articles of Association
Included
in Greek with English translation
Memorandum and Articles of Association
€200
in English
Company Seal
Included
Compliance check 1st / 2nd year
€250 / €250
Includes the collection and analysis of information to be submitted to the Cyprus Registry of UBOs and to comply with DAC6 requirements
Company renewal for the subsequent year
€1,000
Includes registered address and secretarial services
Additional services
Acceleration of the procedure
€750
Certificate of Incorporation
€300
Copy (with Apostille)
Certificate of Directors and Officers
€300
Copy (with Apostille)
Certificate of Registered Address
€300
Copy (with Apostille)
Certificate of Shareholders
€300
Copy (with Apostille)
Memorandum and Articles of Association
€400
Memorandum and Articles of Association in Greek with English translation / in English
Copy (with Apostille)
Copy (with Apostille)
Company Seal
€100
Filing of Annual return
€350
A new company must file a report 18 months after the date of its incorporation and annually thereafter
Registration of the company with social insurance services department
€550
In order to hire employees
Nominee services
Nominee persons
Nominee director - Natural person
€1,250
Yearly
Nominee director - Legal entity
€1,000
Yearly
Nominee shareholder - Natural person
€650
Yearly
Nominee shareholder - Legal entity
€450
Yearly
Additional services
Nominee director - Natural person
€45
Execution of documents
Nominee director - Legal entity
€45
Execution of documents
Nominee shareholder - Natural person
€50
Execution of documents
Verification procedure in financial and other institutions
from €200
If additional preparation is needed to pass the verification / interview, the fee shall be agreed separately
Bank accounts
Cyprus Banks (no personal visit required)
from €4,000
Account opening in banks of other jurisdictions possible
Payment solutions (PSP, EMI)
from €2,000
Per request
Certification of documents
Legalization by Apostille
€125
1 legalization
Notarial certification by Cyprus notary/officer
€75
1 signature
Additional procedures and documents
Change/addition/removal of Director
Share transfer/share allotment
Share transfer/share allotment
€650
Includes preparation of procedural documents, filing with the Registrar of Companies, receipt of the relevant Certificate (no certification)
Increase of Authorized capital
€1,000
Includes preparation of procedural documents, filing with the Registrar of Companies, receipt of the relevant Certificate (no certification)
Change of Company name
€500
Includes preparation of procedural documents, filing with the Registrar of Companies, receipt of the relevant Certificate (no certification)
Certificate of Good Standing
€300
With Apostille
Certificate of Incumbency
€300
With Apostille
Power of Attorney
€250
Monolingual document with no certification
Resolution or minutes of meeting of directors/shareholders
€175
Monolingual document with no certification
Registration of a Trade Mark (EU)
€1,000
EUIPO filing, exclusive of applicable fees
Consultations of specialists
Partner
€150 / hour
Telephone, written (research and providing results), participation in conference calls
Lawyer
€85 / hour
Telephone, written (research and providing results), participation in conference calls
Accountant
€85 / hour
Telephone, written (research and providing results), participation in conference calls
Additional services
Annual mail service
from €300
Mailbox and standard postage. Depends on number of documents per month
Annual mail scan
(up to 10 documents per month)
(up to 10 documents per month)
from €200
Depends on number of documents per month
Payment processing
€75
For processing of 1 (one) payment on behalf of the client
Provision of Company landline
(with a dedicated number)
(with a dedicated number)
€360*
Annually. Payment in advance for 1 year.
*Additional cost for installation €100
*Additional cost for installation €100
Provision of Internet connection to the company's office
€300
Contract with provider and installation
Tax registration and documents
VAT Registration
€250
VAT De-registration
€250
VAT Declarations
€300
For 1 declaration (total 4 per year)
Income Tax
€200
Registration with Tax authorities and receipts of company tax number
Tax Residence Certificate
€400
With Apostille
Double Taxation Certificate
€400
With Apostille
Accounting and Audit
Dormant company
Annual fixed fee
€450
Audit
from €400
For dormant company with no transactions
Active company
Annual fixed fee
from €650
Depends on the number of transactions and annual turnover
Daily bookkeeping service
from €400
Per month. Depends on the number of transactions, the complexity of their fixation, the number of company accounts, the existence of employees, the need to calculate their salary and tax amount, the need to provide a report regularly / upon client’s request, report format, etc.
Audit
from €1,250
Depends on the number of transactions and annual turnover and shall be agreed separately
Company dissolution
Voluntary dissolution
from €5,000
Depends on the scope of work
Strike-off procedure
€1,000
Reconstitution of a company
€1,000
Courier delivery
International
from €75
Depends on a country
Within Cyprus
€25
Within Limassol
€10
Service and Maintenance by Countries
cy
ca
uk
hk
vg
ae
gi
mh
bz
ch
pa
sg
ee
lu
mt
sc
Fee Shedule | Cyprus
Registration and Renewal Services
Registration
€2,250
- Certificate of Incorporation
- Certificate of Directors and Secretary
- Certificate of registered legal address
- Certificate of Shareholders
- The decision about an appointment of the Director
- The Memorandum and Articles of Association of the Company
- Company’s seal
- Legal address
- Secretary
- Courier
Bank Account
from €4,000
Opening of a bank account in Cyprus, in 2 weeks
Renewal
€1,000
- Legal address
- Secretary
Nominee and Additional Services
Nominee Director
€1,250 / €1,000
Cyprus (individual) / Belize (legal entity)
Nominee Shareholder
€650 / €450
Cyprus (individual) / Belize (legal entity)
VAT Registration
€250
VAT Declaration
€300
For 1 declaration (total 4 per year)
Accounting (per month)
from €400
Depends on the number of transactions, the complexity of their fixation, the number of company accounts, the existence of employees, the need to calculate their salary and tax amount, the need to provide a report regularly / upon client’s request, report format, etc.
Audit (Sleeping Company)
from €400
For dormant company with no transactions
Audit (Operating Company)
from €1,250
Depends on the number of transactions and annual turnover and shall be agreed separately
Fee Shedule | Canada
Registration and Renewal Services
Registration
$2,300
- Checking the uniqueness of the name you proposed
- Government duty
- Registration office in Ontario for the first year of service
- Postal address in Ontario, receiving correspondence from the Government of Ontario, for the first year of service
- Declaration Form 3, confirming the registration of the Limited Partnership
- Organization Resolutions of General Partners
- Resolution on admission of a limited partner
- Partnership Agreement
- Register of General Partners
- Register of Limited Partners
- Stamp of the company
Annual Service Renewal
$1,600
Since the 2nd year
Additional Services
Taxation
Отсутствует
A limited liability partnership is fully exempt from taxes if profits are earned outside of Canada and the partners are not residents of Canada.
The need for Accounting
Absent
Necessity of drawing up of the annual report
Absent
Fee Shedule | UK
Registration and Renewal Services
Registration
$1,200
- Set of corporate documents under apostille
- Legal address
- Power of attorney
- Seal
- 2 nominees partners (legal entities)
- Courier
Opening of a Bank Account
from €1,500
Banks of Cyprus, a period of about 2 weeks
Renewal (from the 2nd year)
$300
- Legal address
- Courier
General Power of Attorney
$250
Apostille
$200 / $300
2-3 days / Sameday apostille
Nominee and Additional Services
Nominee Partner
from $300 / $500
Cyprus (legal entity) / Cyprus (individual)
Tax Return
$200
Financial Statements
from $500
Accounting
upon request
Audit
upon request
Fee Shedule | Hong Kong
Registration and Renewal Services
Registration
$1,800
- Set of corporate documents
- Company seal (ink)
- Metal relief seal
- Legal address
- Secretary
- Courier
Opening a bank account in Cyprus
from €1,500
Opening a bank account in Hong Kong
$1,250 - $1,850
Requires a personal visit
Renewal
$1,250
- Legal address
- Secretary
Nominee and Additional Services
Apostilled set of corporate documents
$485
Nominee Director
$600 / $750
Cyprus (individual) / Hong Kong (individual)
Nominee Shareholder
$300 / $250
Hong Kong (individual) / Belize (legal entity)
Accounting
on request
The price depends on the number of transactions and turnover of the Company
Audit
on request
The price depends on the number of transactions and turnover of the Company
Fee Shedule | British Virgin Islands
Registration and Renewal Services
Registration
$1,200
- State duties
- Registered office and Registration agent
- Certificate of Incorporation
- The Memorandum and Articles of Association of the Company
- The decision about an appointment of the Director
- The minutes of the first constituent assembly of directors
- Register of Directors and Shareholders
- Certificate of Shares
- Maintenance of the Register of Companies
- Apostilled set of corporate documents
- Company’s seal
- Courier
Opening a bank account in Cyprus
from €1,500
A personal visit is not required
Bank accounts in other jurisdictions
the price varies
A personal visit is not required
Renewal
$750
- Registered address
- Registration agent
- Annual license fee
Nominee and Additional Services
Nominee Director
$380 / $200
Cyprus (individual) / Belize (legal entity)
Nominee Shareholder
$250 / $150
Cyprus (individual) / Belize (legal entity)
Liquidation of the Company
$1,500
Fee Shedule | Dubai (UAE)
Registration and Renewal Services
Registration
$5,500
- All due state fees for obtaining a license
- Certificate of Incorporation
- Memorandum and Articles of Association
- Payment for registered office
- Payment for registration agent services
- Company’s seal
- Payment for courier services
Opening a Bank Account in Dubai (UAE)
from $550
Opening a Bank Account in Cyprus
from €1,500
Annual Renewal
$1,650
- Registered office
- Registration agent
- State duties
Fee Shedule | Gibraltar
Registration and Renewal Services
Incorporation (registration) of a Company (1st year)
€1,850
- Legal address and Secretary of the company
- Memorandum and Articles of Association
- Decision of the appointment of the Director of the company
- Minutes of the first constituent meeting of the company
- Certificate of shares
- Certificate of shareholders
- Certificate of directors
- Certified and apostilled set of company registration documents
- DHL
- Company’s seal
Incorporation (registration) of a Company (2nd year)
€930
- Legal address and Secretary of the company
- Annual report
Bank Account in a Cypriot Bank
on request
Nominee and Additional Services
Nominee Director (per annum)
from €300
Cyprus
Nominee Shareholder (per annum)
from €300
Cyprus
Fee Shedule | Belize
Registration and Renewal Services
Registration
$950
- State duties
- Legal address and Registration agent
- Certificate of Incorporation
- The Memorandum and Articles of Association of the Company
- The decision of the appointment of the Director
- Certificate of Shares
- Register of Directors
- Register of members
- Company’s seal
Opening a bank account in Cyprus
from €1,500
A personal visit is not required
Bank accounts in other jurisdictions
the price varies
A personal visit is not required
Renewal
$600
- Legal address
- Registration agent
- Annual license fee
Nominee and Additional Services
Nominee Director
$600 / $250
Cyprus (individual) / Belize (legal entity)
Nominee Shareholder
$500 / $250
Cyprus (individual) / Belize (legal entity)
Fee Shedule | Switzerland
Registration and Renewal Services
Turnkey company creation
от 4,000 CHF
Opening a bank settlement account
1,100 CHF
Opening a bank account in Cyprus
from €1,500
A personal visit is not required
Bank accounts in other jurisdictions
on request
A personal visit is not required
Providing a legal address
1,200-1,700 CHF
Per year depending on the Сanton
Additional Services
Legal support of business
4,000-12,000 CHF
Per year depending on on complexity
Local administrator services
4,000-10,000 CHF
Per year depending on workload
Obtaining a FINMA license
18,000-20,000 CHF
for transactions with cryptocurrency
Registration of patents and trademarks
on request
Accounting services
on request
Fee Shedule | Panama
Registration and Renewal Services
Registration
€1,350
- State duty
- Legal address and agency fee
- Charter corporation in Spanish with apostille
- Certified and apostilled translation of the Charter into English
- Extract from the Register with Apostille
- Certified and apostilled translation of the English translation
- Certificate of shareholders
- Share Register
- The first minutes of the board
- Apostilled set of registration documents
- Company’s seal
- Delivery of documents by courier
Opening an account in a Cypriot bank
from €1,500
A personal visit is not required
Bank account in other jurisdictions
on request
A personal visit is not required
Annual Renewal
€750
- Legal address
- Registered Agent
- Annual License
Nominee and Additional Services
Nominee Director
€600 / €250 / €600 / €650
Cyprus (individual) / Belize (legal entity) / Panama (individual) / Belize (individual)
Nominee Shareholder
€500 / €250 / €500 / €500
Cyprus (individual) / Belize (legal entity) / Panama (individual) / Belize (individual)
Fee Shedule | Singapore
Registration and Renewal Services
Registration
2,200 SGD
- Certificate of Incorporation
- Memorandum and Articles of Association
- Company profile certified by ACRA
- The minutes of the first constituent assembly of directors
- Certificate of shares
- Company’s seal
- Registered office
- Secretary
- Courier
Opening a bank account in Cyprus
от 2,200 SGD
Opening a bank account in Singapore
1,560-2,600 SGD
Renewal
1,150 SGD
Registered office and Secretary
Renewal
2,150 SGD
Nominee Director from Singapore
Nominee and Additional Services
Director from Singapore (required)
2,000 SGD
Deposit of the Director (one-time refundable payment)
Director from Singapore (required)
2,150 SGD
Nominee Director Services
Power of Attorney
275 SGD + legalization
Notarization
130 SGD
per document
Full legalization
610 SGD
per document
Nominee Director
880 SGD
Cyprus (individual)
Nominee Shareholder
750 / 330 / 450 SGD
Cyprus (individual) / Belize (legal entity) / Singapore (individual)
Fee Shedule | Estonia
Registration Services
Establishment of a Limited Liability Company OÜ / LLC
€60
Establishment of an individual entrepreneur FIE
€60
Establishment of a limited partnership UÜ
€60
Establishment of a general partnership TÜ
€60
Establishment of the non-profit association MTÜ / NPO
€120
Providing a legal address, receiving and forwarding incoming mail
€240
Virtual office
Provision of a contact person in Estonia
€240
Virtual office
Notarial and Additional Services
OÜ / LLC establishment for EU residents
€540
OÜ / LLC establishment for non-EU residents
€780
+ Legal address service for 1 year
+ Contact person service for 1 year
+ Contact person service for 1 year
Ready-Made Company
€540
Notarial transaction
Ready-Made Company
€306
Digitally certified transaction using an ID-card
Accounting services
from €75
Auditing services
from €145
Fee Shedule | Luxembourg
Company incorporation and other services
Luxembourg S.à r.l.
(limited liability company formation)
(limited liability company formation)
€5,000
Notary fees and bank account opening included
Provision of registered office
€4,000
Director’s services
€5,000
per annum
UBO Register compliance
€250
Opening of Bank Account
from €3,000
Substance Office
€10,000
per annum
Day to day administration:
Junior officer
Senior officer
Manager
Junior officer
Senior officer
Manager
€70 / hour
€120 / hour
€250 / hour
hourly rates
Accounting, VAT and Tax Compliance
Annual Accounting
(up to 10 transactions)
(up to 10 transactions)
€1,200
Includes Accounting records, Financial Statements, submission to eCDF and RCS platforms. Active Companies will be charged based on number and complexity.
Annual Tax Returns
€800
CIT, MBT, NWT and relevant appendices
Annual VAT Returns
€1,200
VAT Returns and relevant appendices
Quarterly VAT Returns
€500
VAT Returns and relevant appendices
Monthly VAT Returns
€250
VAT Returns and relevant appendices
VAT Registration
€1,000
Fee Shedule | Malta
Registration and Renewal Services
Registration
€1,200
- Government Fees
- Registered address
- Registered Agent
- Certificate of Incorporation
- Memorandum and Articles of Incorporation
- Minutes of the first meeting
- Share certificate
- Package of apostilled documents
- Company seal
- Courier services
Bank Account
the price varies
A personal visit is not required
Annual Renewal
€750
- Registered address
- Registered Agent
- Annual license fee
Nominee and Additional Services
Nominee Director
€550
Individual
Nominee Shareholder
€375
Individual
Liquidation (dissolution) of the Company
€1,500
Fee Shedule | Seychelles
Registration and Renewal Services
Registration
$1,350
- Government Fees
- Registered address, registered agent
- Certificate of Incorporation
- Memorandum and Articles of Association
- Resolution on appointment of the director
- Minutes of the first founding meeting of directors
- Share Certificate
- Registers of directors and shareholders
- Maintaining a register of companies
- Apostilled set of corporate documents
- Company seal
- Courier services
Bank Account
the price varies
A personal visit is not required
Annual Renewal
$750
- Registered Agent
- Registered address
- Annual license fee
Nominee and Additional Services
Liquidation (dissolution) of the Company
$1,500
PROTEY CONSULTING GROUP LTD
Registered No. HE372354
Registered No. HE372354
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Open a company in Cyprus for only 3,500 euros
