Registration of low-tax companies
Company registration in Cyprus
|
|
Cost of the company EURO |
A set of company documents with a full nominal service includes:
|
1900 Euro including VAT |
Mandatory and additional services for companies registered in Cyprus:
| Annual fixed payments: |
Cost in Euros |
| Services of a nominal director (person) |
700 |
| Services of a nominal director (legal entity) |
500 |
| Services of a nominal shareholder (individual) |
700 |
| Services of a nominal shareholder (legal entity) |
500 |
| Provision of a Registered Address |
300 |
| Provision of company secretary services |
300 |
| Annual fixed tax on a Cypriot company |
350 |
| The cost of drawing up and filing a form for the payment of an annual fixed tax |
42.10 |
|
Additional services: |
|
| Change in the Company’s Shareholder, incl. issuance of a new certificate |
350 |
| Change of Director / Secretary of the company, incl. issuance of a new certificate |
350 |
| Change of the company’s registration address, incl. issuance of a new certificate |
350 |
| Change of Beneficiaries |
290 |
| Change of company name |
550 |
| Increase of the authorized capital of the company |
550 |
| Special Power of Attorney for opening and managing a bank account for a period of 1 year |
200 |
| Special Power of Attorney for a transaction with a certain counterparty for a period of 6 months |
150 |
| Help from the bank on the existence of an account (Bank Statement) |
100 |
| The Incumbency Secretary Certificate |
300 |
| Certificate of Good Standing |
200 |
| Liquidation of the company (Exclusion from the register of companies within 2 years from the date of submission of the application for liquidation) |
2 500 |
| Liquidation of the company (Closing of the company by a court decision within 6 months) |
5 000 |
| Reissue of the Certificate of Incorporation |
200 |
| Reissue of the Certificate of Shareholders (Certificate of Shareholder) |
200 |
| Reissue of the Certificate of Directors and Secretary (Certificate of Director and Secretary) |
200 |
| Reissue of the Certificate of registered legal address (Certificate of Adress) |
200 |
| The certificate of the tax resident of Cyprus (Tax Residence Certificate) |
300 |
| Double Tax Certificate |
300 |
| Certificate of absence of tax debt |
200 |
| Printing of the company automatic |
45 |
| Apostille of one document |
80 |
| Apostille kit of 4 certificates |
150 |
| Notarization of one document |
35 |
| Annual update of the data on the Beneficiary of the company (KYC) |
100 |
| Signing of documents:
|
|
| Signing of contracts as the Director of the company |
35 |
| Signing of Resolutions |
35 |
| Signing of one document / letter by a nominee shareholder / director |
35 |
| Accounting services and Audit: | |
| Company registration as a VAT payer |
350 |
| De-registration as a VAT payer (waiver of certificate) |
250 |
| Registration of a company in accordance with the requirements of the Information Exchange System (VIES) |
350 |
| De-registration as a VIES payer (waiver of certificate) |
250 |
| TAXISNET Registration |
100 |
| Registration of EORI (for companies that sell goods and services in EC countries) |
380 |
| VAT reporting (quarterly report with twenty transactions in
the current of the quarter. Additional fee for exceeding the number of transactions.) |
250 |
| Reporting on VIES declarations (monthly) |
51.5 |
| Preparation and submission of an official request from the tax department |
150 |
| Preparation and submission of a declaration on preliminary calculation for profit |
100 |
| Preparation of official letters to the tax department for the correction of a previously filed declaration |
100 |
| Preparation and delivery of HE 32 |
150 |
| Employee registration in social insurance agencies (Social Insurance) |
100 |
| Preparation of a monthly calculation of the company’s PO and payment of contributions to the authorities
Social Insurance (for each employee of the company) |
50 |
| Preparation and filing of a taxable income tax return |
100 |
| Payment of fines on behalf of the company |
50 |
| Preparation of an audit report for a company that does not conduct business (complete absence of accounts and statements) |
600 |
| Preparation of an audit report for the company conducting the activity |
from 1500 |
| Account opening: | |
| Opening of a corporate account in a Cyprus bank with a visit to the bank |
350 |
| Opening a corporate account in a Cypriot bank without visiting the bank |
690 |
| Opening a personal account in a Cypriot bank with a visit to the bank |
250 |
| Opening a personal account in a Cypriot bank without visiting the bank |
690 |
| Opening of a corporate / personal account with Rietumu Bank (without the cost of sending documents) |
250 |
| Certification for the provision of copies of documents (passports, proof of residence address, etc.) to beneficiaries, directors, signatories to the account. |
60 |
| Updating of data on the company in the bank. Supporting the provision of supporting information on the company’s activities, counterparties, turnover, characteristics on the beneficiaries and signatories of the account. |
350 |
| Issue and reissue of Debit / Credit card |
250 |
| Execution of the opening of the banking cell |
250 |
| Courier services:
|
|
| Forwarding of documents by DHL / TNT / FEDEX express service |
58,50 |
| Shipment by local courier (delivery inside Cyprus) |
21 |
| Shipment by local courier (delivery inside Limassol) |
8,50 |
| Providing a place for effective management in Cyprus: | |
| Mailing address — providing an address in Cyprus for receiving statements and letters from banks |
90 |
| It is recommended to ensure the presence of companies in Cyprus, so that the control and management of the company are carried out in Cyprus.
This can be done as follows:
|
By agreement
|
* All services do not include VAT 19%.
The provided list of services is not final, changes and additions can be made.
