languages :
contacts
The Best International Tax Planning solutions since 1991
    A A
HOME > Services > Cyprus - all in one > Description >
Cyprus Price-lists

 

 



Cyprus Price-lists



COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee170 EUR
Notarial Certification90 EUR
International authentication (Apostille)90 EUR
Legal expenses, filing fees and stamp duties70 EUR
Issuing of share certificates and Initial minutes and forms80 EUR
Corporate seal45 EUR
Courier fees45 EUR
Compulsory Tax Registration Fee100 EUR
Subtotal 690 EUR
ANNUAL FEES*
Registered office390 EUR
Company secretary390 EUR
Annual tax and duties10% of net profit
* The annual fees for the first year of existence of the company are payable prior to registration.Subsequently the amount of 780 EUR is payable annually beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.
Subtotal 780 EUR
Total 1470 EUR

All the above fees are subject of 15% VAT

The amount of 1470 EUR includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and secretary for 1 year, luxury leather corporate kit containing Certificate of Incorporation with Apostille and authenticated translation into English, certified translation into English of Memorandum and Articles of Association, Certificates of the director(s) and secretary, Certificate of Registered Office, share certificates, initial forms and minutes and 2 company seals. The price contains no hidden costs!

Back to top



OPTIONAL COSTS
Nominee director (private person)990 EUR
Nominee shareholder210 EUR / year
Certificate of Good Standing90EUR
Special Power of Attorney with Notarial Certification290 EUR
Notarial Certification or Apostille90 EUR
Accounting & auditing feeVaries according to the number of transactions involved.
Certificate of Tax Residence with Apostille
250 EUR
Certificate of Directors & Secretaries150 EUR
Certificate of Incorporation150 EUR
Certificate of Shareholders150 EUR
Certificate of Registered Address150 EUR
Change of Directors & Secretary up to 5 directors390 EUR
Change of Shareholder up to 5 shareholders390 EUR
Change of Registered Office390 EUR
Signing of Documents: Signatures
Up to the first 6 signatures60 EUR
Any additional 6 signatures30 EUR
Signing of Documents: Initials
Up to the first 6 signos30 EUR
Any additional 6 signos15 EUR

All the above fees are subject of 15% VAT

LAVECO LTD. is pleased to offer its clients shelf companies in Cyprus. Contact our office for details and a list of shelf companies, or view the relevant page. The price of shelf companies varies according to the level of optional services required.

Back to top

Cyprus Company Packages

 

Version 1

Cyprus Packages

Description

First year’s fees (EUR)

Second year’s fees (EUR)

1. Registration + Reg.Office + Secretary

1 470.-

780.-

2. Nominee Director

990.-

990.-

3. Power of Attorney

290.-

290.-

4. Bank Account Opening

375.-

0.-

5. Obtaining of EU VAT number

200.-

0.-

6. VAT Penalty Deposit300.-0.-

7. Obtaining of EU VIES number

200.-

0.-

8. Quarterly VAT Report + VIES reports

960.-

960.-

9. Amdin fees (10 transactions/year)**

800.-

800.-

10. Accounting + auditing

800.-

800.-

TOTAL:

6 085.-*

 624 0.-*

*All the above fees are subject of 15%VAT



Seychelles Packages

Description

First year’s fees (USD)

Second year’s fees (USD)

1. Registration + Reg.Office + Agent

1 670.-

880.-

2. Bank Account Opening in Cyprus***

475.-

0.-

TOTAL:

2 145.-

880.-

** The administration fee is 80 EUR/transaction. It includes the issue of the invoice and the related bank     transfer (this price does not include the signing of contracts or similar documents).

*** The original price is 750 EUR.

 

Version 2

Cyprus Packages

Description

First year’s fees (EUR)

Second year’s fees (EUR)

1. Registration + Reg.Office + Secretary

1 470.-

780.-

2. Nominee Director

990.-

990.-

3. Power of Attorney

290.-

290.-

4. Bank Account Opening

375.-

0.-

5. Obtaining of EU VAT number

200.-

0.-

6.VAT Penalty Deposit300.-0.-

7. Obtaining of EU VIES number

200.-

0.-

8. Quarterly VAT Report + VIES reports

960.-

960.-

9. Amdin fees (50 transactions/year)**

3 000.-

3 000.-

10. Accounting + auditing

1 200.-

1 200.-

TOTAL:

            8 685.- *

7 220.-*

*All the above fees are subject of 15%VAT


Seychelles Packages

Description

First year’s fees (USD)

Second year’s fees (USD)

1. Registration + Reg.Office + Agent

1 670.-

880.-

2. Nominee Director

590.-

590.-

3. Power of Attorney

290.-

290.-

4. Bank Account Opening in Cyprus***

475.-

0.-

TOTAL:

3 025.-

  1 760.-

** The administration fee is 3.000 EUR/year. It includes the issue of invoices, the related bank transfers and the signing of contracts or similar documents. Up to 50 transactions/year.

*** The original price is 750 EUR.


Version 3

Cyprus Packages

Description

First year’s fees (EUR)

Second year’s fees (EUR)

1. Registration + Reg.Office + Secretary

1 470.-

780.-

2. Nominee Director

990.-

990.-

3. Power of Attorney

290.-

290.-

4. Bank Account Opening

375.-

0.-

5. Obtaining of EU VAT number

200.-

0.-

6. VAT Penalty Deposit300.-0.-

7. Obtaining of EU VIES number

200.-

0.-

8. Quarterly VAT Report + VIES reports

960.-

960.-

9. Amdin fees (50 transactions/year)**

3 000.-

3 000.-

10. Accounting + auditing

1 200.-

1 200.-

11. Tel + Fax number (dedicated)

960.-

960.-

TOTAL:

9 645.-*

8 180.-*

*All the above fees are subject of 15%VAT

 

Seychelles Packages

Description

First year’s fees (USD)

 

Second year’s fees (USD)

 

1. Registration + Reg.Office + Agent

1.670.-

880.-

2. Nominee Director

590.-

590.-

3. Power of Attorney

290.-

290.-

3. Bank Account Opening in Cyprus***

475.-

0.-

TOTAL:

3 025.-

1 760.-

 

** The administration fee is 3.000 EUR/year. It includes the issue of invoices, the related bank transfers and the signing of contracts or similar documents. Up to 50 transactions/year.

*** The original price is 750 EUR.




Fees for Secretarial Services

 

SERVICES (Basic Fees)*
JURISDICTIONMAIL FORWARDINGSHARED LINE (Tel+Fax, 2 Numbers)DEDICATED LINE (Tel+Fax, 2 Numbers)DEPOSIT **
USA - Dover240 USD
360 USD-200 USD
UK - London240 GBP480 GBP960 GBP300 GBP
HUNGARY - Budapest240 EUR480 EUR960 EUR200 EUR
CYPRUS - Larnaca240 EUR360 EUR960 EUR200 EUR


* The fees indicated below include only the basic service fees and do not include postage, telephone, fax, expenses etc.
** The purpose of the deposit is to cover the expenese connected with mail, tel/fax forwarding (postage expenses, processing of fax messages, international calls, courier fees where applicable, etc.).
Any amount remaining at the end of the period of service will be refunded.

 

SERVICE FROM EUROPE FROM AMERICA
Mail forwarding (registered mail)postal delivery fee + 25%postal delivery fee + 25%
Forwarding of fax messages3.5 EUR / page4.5 USD / page
Relaying telephone messages9.5 EUR / message9.5 USD / message
Courier servicesCourier delivery fee + 25%Courier delivery fee + 25%


This service includes the receiving and forwarding of letters and parcels (actual postage costs not included), and receiving and forwarding of telephone and fax messages (actual telephone and fax charges not included).

 
European offices
Offshore company

An offshore company is an enterprise which only carries out economic activities outside the country in which it is registered. So, an offshore company can be any enterprise which doesn't operate "at home". At the same time, according to public opinion, an offshore company is any enterprise which enjoys tax-free or low-tax status in the country of registration. In the USA, the term offshore company is also used as a synonym for any overseas activities. The offshore company existed in ancient Greek times, when Greek merchants offered their wares from nearby islands in order to escape the taxes in Athens. The format of the modern offshore company, however, is undeniably linked to the United Kingdom, and it was the British who developed the offshore company as we know it today. It was English corporate law, adopted in one form or another by just about every British territory, which provided the basis for the establishment of the laws necessary for the incorporation of offshore companies. If we examine the most significant tax havens where it is possible to incorporate offshore companies, then the British legislative roots can be discovered almost everywhere. And here it is not just the everyday transplantation of offshore companies as is the practice in common law which we are talking about, but the legislation itself, based on the English law, specifically allows for the establishment of the offshore company, often through a separate law. For example, numerous jurisdictions have copied one of the most popular laws regarding offshore companies of the last 25 years, the British Virgin Islands IBC Act, which replaced the BC Act, though the rules for the formation of an offshore company hardly changed under the new law. The only real change in the British Virgin Islands is that while it was possible earlier to form an offshore company with bearer shares, this possibility has now been very tightly restricted. It is still possible today for an offshore company in the BVI to issue bearer shares, but such an offshore company will pay a minimum of 1100 USD in annual tax as opposed to 350 USD, and an offshore company formed this way has to deposit the issued shares with a person specifically authorised for the purpose.

Read more
Back to top

This general information material is protected under copyright. The written consent and permission of the authors is required for the copying or reproduction of the whole or any part of this general information material by any means, as well as for the utilisation of the contents of this general information material in other publications. The authors assume no responsibility for any typing, setting or printing errors that may occur in the material.
The information provided should not be construed as concrete taxation advice. The authors assume no responsibility for any possible losses which may arise as a result of misuse of the information.
© Laveco Marketing Ltd, Belize - 2000-2009

WWW.LAVECO.COM

United Kingdom - London Hungary - Budapest Románia - Bukarest Bulgaria - Sofia Cyprus - Larnaca Seychelles - Victoria