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Cyprus formation · transparent pricing
Three formation tiers with itemised scope and stated starting prices. Ongoing cost depends on transaction volume, staffing, tax registrations and the audit or review requirements that apply.
Request a free 30-minute initial consultation.
— WHAT YOU GET
Includes company registration (HE1, HE2, HE3 and M&AA), tax registration (TIN) and the initial UBO Register filing. It suits founders who will arrange banking, company secretary and registered office separately.
Everything in Essential, plus VAT/VIES/OSS registration, online-bank onboarding, nominee secretary and registered office. The published renewal starts at €950 + VAT/year; accounting is priced separately.
Everything in Basic, plus local Cyprus bank onboarding, nominee director, UBO annual update and a standalone AML compliance report. The published renewal starts at €1,850 + VAT/year; accounting is priced separately.
The accounting and audit bundle is €800 + VAT for a nil-transaction company or €2,100–€4,800 + VAT for 1–1,500 annual transactions. VAT/VIES/OSS registration is included in Basic and Business. A standalone nominee director is €799 + VAT/year and is already included in Business.
— 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 and source-of-funds. We confirm an indicative filing schedule once the file is complete.
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.
Basic covers VAT/VIES/OSS registration, online-bank onboarding, nominee secretary and registered office. Business costs €1,600 more and adds a local-bank application, nominee director, UBO annual update and AML compliance report. A standalone nominee director costs €799 + VAT/year.
Adding the published accounting bundle gives €1,850–€5,850 for Essential, €3,100–€7,100 for Basic, or €4,700–€8,700 for Business, depending on whether the company has nil transactions or up to 1,500 annual transactions. For an active company, the respective ranges start at €3,150, €4,400 and €6,000. These totals exclude VAT and any government fees; services already included in a package are not added twice.
For Essential, common add-ons include online-bank onboarding at €350, local-bank onboarding at €1,000, nominee secretary at €349 and registered office at €349, each plus VAT. The initial UBO filing is included in every formation package; the annual UBO update is €250 + VAT when it is not included. The engagement letter confirms the exact scope and any applicable government fees before work starts.
Available filing options, current government charges and processing estimates are checked with the Registrar for the specific application before we quote them.
Send your enquiry for a no-obligation initial review.