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
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
    Without Apostille, including Courier

 

575.00
375.00

 

Certificate of Incumbency

    Including Apostille & Courier
    Without Apostille, including Courier

 

575.00
375.00

 

Power of Attorney

   Including Apostille & Courier
   Without Apostille, Including Courier

 

300.00
250.00

 

For Cypriot and Corporate Nominees

Power of Attorney

    Including Apostille & Courier
    Without Apostille, Including Courier

 

600.00
400.00

 

For BVI nominees

Certificate of Tax Exemption

    Including Apostille & Courier
    Without Apostille, Including Courier

 

575.00
375.00

 

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
    Phone Number & Answering Service
    Mail Forwarding
    Re-Invoicing Service

 

695.00
670.00*
Price on Application
Price on Application

 

*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

Take the next step, we are here to help.

Register a BVI (British Virgin Islands) company.
Open a BVI (British Virgin Islands) bank account.

  Resources:

Cyprus Regulatory Update: Shell Company Definition & Exceptions

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

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.

Consolidated Accounts for Hong Kong Companies: Subsidiary Requirements

Consolidated Accounts for Hong Kong Companies: Subsidiary Requirements

As per Hong Kong company’s ordinance subdivision 3 section 379 subsection 1, a Company Director will have to prepare year-end financial accounts that comply with sections 380 and 383.

Challenges of Our Time: Cryptocurrencies & Their Regulation

Challenges of Our Time: Cryptocurrencies & Their Regulation

The very concept of cryptocurrencies derives from technologies and the creation of alternatives to existing payment systems, which for the most part is caused by the negative consequences of financial crises and the injustice within the sphere of financial and legal regulation. Many people are convinced that the cryptocurrency is likely to become an alternative to the established global financial system and open new opportunities to those segments of the population and citizens of those countries that are deprived of the opportunity to work with the banking financial system.

The Tax System in Poland: Benefits & Overview

The Tax System in Poland: Benefits & Overview

The tax system in Poland is one of the most loyal for both large and small businesses in the country. There are two levels in the system that relate not only to residents of Poland, but also to foreigners. The Polish tax system consists of administrative taxes (duties are paid directly to state bodies) and local taxes (the process is similar to the previous type). Therefore, Poland is one of the European countries with a stable economic position, whose attractive system attracts citizens from neighbouring countries to conduct business within the country. It is the Polish taxation system that is advantageous for businessmen willing to enter the international market.

The reasons of abolition of the Company Secretary in UK Private Companies

The reasons of abolition of the Company Secretary in UK Private Companies

The role of Corporate Secretary can be a position in a private sector company or within the public sector organisation. In large, publicly-listed corporations, a Company Secretary is typically named a Corporate Secretary or just a Secretary. The Company Secretary is responsible for the efficient administration of a company, particularly with regards to ensuring compliance with statutory and regulatory requirements and also for ensuring that decisions of the board of directors are implemented.

The Dematerialisation of Shares in the UK: Current Update & Assessment

The Dematerialisation of Shares in the UK: Current Update & Assessment

Business is an area that is continuously developing. An integral part of both business and economics are companies. It is possible to say that companies dictate the conditions of the market to a certain extent. Any public or private company has its own shares; a share is a security that provides a portion of ownership of the company and gives the holder the right to a part of the profits.

Current Information on the Payment of Cyprus Taxes for Pensions & Rental Income

Current Information on the Payment of Cyprus Taxes for Pensions & Rental Income

Cyprus employees who are considered to have tax resident status, pay tax on their global income. Employees not considered to be tax resident are only charged for specific types of income that are originating from Cyprus-based sources.