Anguilla
Belize
BVI (British Virgin Islands)
Cayman Islands
Costa Rica
Cyprus
Delaware
Dominica
Dubai
Gibraltar
Hong Kong
Malta
Marshall Islands
Mauritius
Nevis
Panama
Russia
Seychelles
Singapore
UK LLP
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:
Information Security & Factors that Contribute to Data Leakage in the Ukrainian & UK Banking Sector
One of the most important regulatory banking documents on information security is the Regulation on bank secrecy and confidential information, which exists in every bank. This document entered into legal force by the banking sector’s order.
Troika Lenders Visit Cyprus Following Withdrawal From Bailout Programme
Representatives from the troika of Cyprus’ international lenders, the International Monetary Fund, European Commission and the European Central Bank, recently visited Cyprus for conducting their 4th post-scheme investigation following the islands recent withdrawal from the economic adjustment programme as agreed with the terms of the bailout.
The EC's Plans to Reduce NPLs in Europe May be Beneficial for Cyprus
Last month, the European Commission proposed an ambitious and comprehensive package of measures to tackle non-performing loans (NPLs) in Europe, making the most out of the promising progress already made in reducing risks in the banking sector.
Anti-Money Laundering measures: The Policy of Combating the Legalisation for Laundering Illicit Income
Money laundering is the act of transforming money or other money obtained as a result of any illegal activity, in money or investments that appear legal, so that their illegal source cannot be traced.
Yellowslip Conversion from MEU1 to MEU3 for UK Nationals Living in Cyprus
Following the result of the referendum of 23rd June, Britain will in due course be leaving the European Union. The British High Commissioner outlined the processes currently being followed within government to prepare for the Brexit negotiations in order to find an outcome for the UK nationals living abroad in Cyprus.
ICOs: Can Accountants & Companies Benefit from Their Distribution?
Initial Coin Offerings (ICOs) are proving to be a common and trendy new way for businesses to raise capital, however what role are Accountants playing in this dynamic market?
The Cyprus Passport Scheme Under Scrutiny Again, However Should it be?
A number of recently released documents show that the Cyprus passport by investment or naturalisation scheme remains a profitable source of revenue for the island, making almost €5 billion since it started in 2008 and granting EU citizenship to 1,654 foreign investors and their families.
Cyprus vs Malta: Tax & Investment Considerations
Malta and Cyprus undeniably have the most favourable citizenship by investment programmes in Europe. Many individuals are using such schemes as a means of significant wealth protection and gaining dual nationality; while smaller economies within the EU receive financial compensation for the privilege.
