Cyprus formation · transparent pricing
Three formation tiers: Essential (€799), Basic (€2,499), Business (€3,699). Itemised — no surprise add-ons. Year-1 ongoing is typically €4,500–6,000 depending on transaction volume and audit needs. Cyprus is one of the most cost-effective EU jurisdictions for a fully-compliant Ltd company.
Free 30-min consultation. Reply within 24h.
— WHAT YOU GET
What you get: Cyprus Ltd incorporation (registrar fees included), name approval, certificate of incorporation, certificate of directors / shareholders / registered office, share certificates, memorandum & articles, statutory registers, post-registration package. For founders who already have a banking partner + secretarial support arrangements.
Everything in Essential PLUS: bank account introduction (Cyprus bank + EMI alternatives), 12 months registered office address, 12 months company secretary, AGM minutes preparation, first-year tax filings prep. Most chosen tier for solo founders.
Everything in Basic PLUS: 12 months nominee director (for those who need substance + privacy), nominee shareholder (optional), enhanced compliance management. For founders who want full operational substance from day one.
Annual government fee €0 (Cyprus abolished the €350 annual levy in 2024). Bookkeeping + accounts + IR4 + audit: €4,000–6,000 depending on transaction volume (per the /pricing/accounting-and-audit page). VAT registration €200 one-time. Nominee director continuation (if used) €1,500–€3,000/year.
— PROCESS
Discuss your business (operating company vs holding, expected transaction volume, founder residence, sub-jurisdictional considerations). We recommend a tier + estimate Year-1.
Engagement letter signed digitally. KYC pack: passports, address proof, source-of-funds. We file Registrar paperwork (5–10 working days for name approval + incorporation).
TIC (tax identification), VAT/VIES registration if applicable, social insurance registration if hiring, bank account opening (Cyprus bank 4–8 weeks OR EMI 5–10 days).
Onboard to bookkeeping software (Xero/QuickBooks supported), compliance calendar, first quarterly VAT filing, annual return + audit at year-end.
— COMMON QUESTIONS
Some firms quote €499–€699 'incorporation only' and then unbundle every additional service (registered office, secretary, KYC review, post-registration filings) as separate fees. By the time you have a functioning company with TIC and a bank account, you've paid €2,000–€3,500 anyway — often more than our Basic tier and with worse coordination.
Most solo founders fit Basic. You need Business tier if (a) you need a nominee director for tax-residency substance, (b) you require nominee shareholder for privacy, or (c) you're high-net-worth and want enhanced ongoing oversight. The €1,200 differential is justified mainly by nominee director — which is €1,500–€3,000/year separately.
Essential €799 setup + €4,500–6,000 Year-1 ongoing = €5,299–6,799 total. Basic €2,499 setup + €4,500–6,000 = €6,999–8,499 total. Business €3,699 setup + €4,500–6,000 + nominee director €1,500–3,000 = €9,699–12,699 total. Add VAT registration €200 if applicable. All figures + VAT 19%.
Three to ask about: (1) Bank account opening — Cyprus banks may charge €200–500 setup OR €0 if introduced via your formation provider. We don't charge. (2) UBO register filings — €200 one-time + €50 per change. (3) VAT registration €200 one-time if your business needs it. All disclosed in our engagement letter.
Standard Registrar timeline is 5–10 working days for incorporation. The Registrar offers expedited processing at +€100 government fee = 24-hour name approval + 5-day incorporation. We can quote expedited as an add-on; not standard.
Reply within 24 hours from a senior adviser. No obligation, no upfront fee.