2025 Cyprus Company Formation Fees

Cyprus company incorporation from scratch & administration for the 1st year:

Company formation including:

• Set up of the company
• Company incorporation documents
• Memorandum and Articles of Association
• First Company Minutes
• Company Share Certificate
• Appointment of First Company Directors
• Consent letter for appointment of the First Company Directors
• Appointment of Company Secretary
• Consent letter for appointment of the Company Secretary
• Registered office for the first year of operation
• Cyprus resident company secretary for the first year of operation

€1310

Onboarding compliance fee

€150

TOTAL:

€1460

Express incorporation fee (if needed)

€300

Name application (if needed)

€50

Cyprus ready-made company

Cyprus ready-made company including:

• Set up of the company
• Company incorporation documents
• Memorandum and Articles of Association
• First Company Minutes
• Company Share Certificate
• Appointment of First Company Directors
• Consent letter for appointment of the First Company Directors
• Appointment of Company Secretary
• Consent letter for appointment of the Company Secretary
• Registered office for the first year of operation
• Cyprus resident company secretary for the first year of operation
• Local directors for the first year of operation
• Nominee shareholder for the first year of operation
• Onboarding compliance service

€2710

Company administration as from the 2nd year onwards:

Registered office

€280 per year

Cyprus resident Company Secretary

€380 per year

Cyprus resident Company Directors (if needed)

€950 per year

Nominee Shareholders (if needed)

€300 per year

Annual Levy

€350 per year

Other Corporate Services

Apostille of incorporation documents

€180

Apostille of documents

€150

VAT Registration

€500

Tax Residency Certificate

€250

Tax residency certificate with apostille

€350

Avoidance of Double Taxation Certificate

€250

Avoidance of double taxation certificate with apostille

€350

Certificate of Good Standing

€150

Certificate of good standing with apostille

€270

Certificate of Incumbency

€180

Certificate of Incumbency with apostille

€330

Power of attorney

€230

Power of Attorney with apostille

€380

Original extracts from the Registry

€120

Apostille of extracts from the Registry

€150

Banking Services

Assistance with Corporate Bank Account Opening

€750

Assistance with Individual Bank Account Opening

€500

Annual bank maintenance fee

€150

Lease of serviced office space

Lease of exclusive serviced office space

€500 per month

Lease of shared serviced office space

€350 per month

Lease of serviced office space includes all the following:

• Electricity: Electricity bill payments to the Electricity Authority of Cyprus.
• Telephone line/ Telecommunications: i) Setting up an exclusive telephone line on the name of the Licensee, ii) registering the Licensee with local telephone providers and iii) provision of exclusive email address.
• Heat/ Air-condition: The Licensor's Premises will offer central air conditioning and heating.
• Cleaning: Cleaning services on a weekly basis, including garbage collection.
• Internet: Provision of internet and Wi/Fi.
• Devices: During the License Period, there shall be available to the Licensee electrical devices such, copy machine, fax, server, scanner, etc.
• Use of furnished conference room: The conference rooms will be available to the Licensee upon reservation. Reservation must be made at least one day prior to the scheduled meeting by sending to the receptionist reservation request.
• Receptionist: Calls answering on the name of the Licensee during business hours 9.00 am – 5.00 pm, call diversions, forwarding of messages, scheduling of meetings.
• Mail and Package Receipt: i) Forwarding of any messages received, ii) mail forwarding and iii) correspondence forwarding.
• Office Space Supplies: Consumables and equipment regularly used in offices such as computers, office furniture, writing utensils and corrections, etc.

Virtual office services

Virtual office services include:

• Professional call answering on the company's name
• Fax line
• Fax forwarding
• Mail forwarding

€250 per month