Fee Schedule
Description | Fee (USD) | Additional Information |
Company Incorporation | 1,450.00 | |
• Government Fees • Certificate of Incorporation • M&AA • Resolution of Directors Appointment • Minutes of First Meeting • Register of Directors & Shareholders • Share Certificates • Maintenance of Registers • Corporate Document Set with Apostille • Company Stamp • Courier |
||
*Renewal Fees: | ||
• Registered Office • Registered Agent • Annual License Fee |
750.00 | |
Annual Nominee Fees: | ||
Individual Cypriot Nominee Director Corporate Belize Nominee Director Individual Cypriot Nominee Shareholder Corporate Belize Nominee Shareholder |
380.00 200.00 250.00 150.00 |
POA is not included |
Bank Account: | ||
Cyprus Bank Account Opening Bank Accounts in other jurisdictions |
Quoted for on a case by case basis |
No Visit required |
Additional Services: | ||
Notarisation of Documents | 150.00 | Per Document |
Apostille of Documents | 200.00 | Includes Notarisation. Fee Per Document |
Certification by the BVI Registry | 200.00 |
Per document
|
Certification by Consulate | Quoted for on a case by case basis | |
Change of Director / Change of Shareholder • Including preparation of Minutes / Resolutions • Share Certificates Updated Register of Directors & Shareholders |
250.00 | Additional charge of 40 USD if more than 1 Director / Shareholder |
Certificate of Good Standing • Including Apostille & Courier |
575.00 |
|
Certificate of Incumbency • Including Apostille & Courier |
575.00 |
|
Power of Attorney • Including Apostille & Courier |
300.00 |
For Cypriot and Corporate Nominees |
Power of Attorney • Including Apostille & Courier |
600.00 |
For BVI nominees |
Certificate of Tax Exemption • Including Apostille & Courier |
575.00 |
|
Amendments to M&AA • M&AA with Apostille & Courier |
625.00 |
|
Change of Company Name: • Certificate with Apostille & Courier |
575.00 |
|
Virtual Office Services in BVI: • Mail Address |
695.00 |
*A one-off refundable deposit of 500.00 USD required upon commencement of service |
• Company Search at the Registry | 150.00 | |
Company Dissolution | 1,600.00 | Including original Certificate of Dissolution The Liquidator is not included in the liquidation process |
Liquidator | 500.00 | Provided by Eltoma (CY Individual) |
Change in Domicile | 1,500.00 | |
Compliance service charges | ||
Introduction Compliance Fee for New Clients. | US$230 | |
Annual Compliance Review | US$120 | Charged with June 2016 Company Renewal fee onwards. |
Compliance Service Fee for all post company incorporation services involving new persons or legal entities. | US$60 – US$120 | Price depends on complexity of the case. |
*Renewal payments due as follows:
• Annual renewals are collected on an annual basis by the first day (1st) of the month of incorporation
• Exceptions for companies incorporated in June and December:
- Renewal collection for companies incorporated in June – by the 01st May
- Renewal collection for companies incorporated in December – by the 01st November
Resources:

Have the Many Benefits of Offshore Banking Left the Industry Open to Abuse?
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An Overview of Offshore Banking & its Benefits
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Regulatory Update: BVI Economic Substance Act 2018
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Information on the Payment of Cyprus Taxes for Pensions & Rental Income
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Cyprus Regulatory Update: Shell Company Definition & Exceptions
The Central Bank of Cyprus has released new guidance for all credit institutions on the island, refining the definition for shell companies and subsidiary entities; coming into effect from November 2018, which are detailed as follows:

Singapore Variable Capital Company VCC: New Features & Benefits
The introduction of the VCC is a significant positive for the Singapore funds industry. Its aim is to retain Singapore as an attractive business destination and to keep investors wishing to domicile locally.