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:

HONG KONG: Cryptocurrency & ICOs as securities & virtual commodities

HONG KONG: Cryptocurrency & ICOs as securities & virtual commodities

The Hong Kong Securities and Futures Commission has remarked upon the growth and popularity of Initial Coin Offerings (ICOs) for raising money not only in Hong Kong but other Asian countries. This article confirms and explains how digital tokens that are offered or sold may be defined as "securities" and as such are therefore governed by the relevant securities legislation of Hong Kong.

New licensing regulations for Trusts & Service Providers in Hong Kong

New licensing regulations for Trusts & Service Providers in Hong Kong

As per new regulations, all Hong Kong businesses providing Trustee Services, including Corporate Service Providers will not be able to operate without a valid trading license after March the 1st 2018. The new scheme is designed to better regulate individuals carrying out services within the financial sphere in Hong Kong and will be overseen and administered by the Hong Kong Companies Registry.

The terms of Hong Kong's new register of significant controllers and what it means for companies

The terms of Hong Kong's new register of significant controllers and what it means for companies

As per new legislation, from March 1st 2018, every company incorporated in Hong Kong will be required to keep and maintain a register of all persons who have significant control of the company. The record must be updated as required and kept at the registered company address, even if there are no persons of significant control.

The pros & cons of European Passport-by-Investment schemes

The pros & cons of European Passport-by-Investment schemes

In a bid to rebuild the dwindling economy in Cyprus shortly after the financial crisis four years ago, the government launched a passport-by-investment program to temp wealthy foreigners with citizenship in exchange for an investment of no less than €2 million into the Cyprus economy.

Using the Cyprus Non-Dom scheme for beneficial tax planning

Using the Cyprus Non-Dom scheme for beneficial tax planning

In an attempt to improve and simplify the Cyprus tax system as well as to remain a highly compliant and attractive jurisdiction, the introduction of the non-domicile (shortened to Non-Dom) scheme aims to give Cyprus a competitive edge over other jurisdictions.

How are Cyprus banks handling the island's high rate of NPLs? Can more be done to combat them?

How are Cyprus banks handling the island's high rate of NPLs? Can more be done to combat them?

It is no secret that the Cyprus banking sector is struggling with the overwhelming level of Non-Performing Loans (NPLs), no matter the efforts exerted by the main banks in Cyprus by following conventional banking models to balance their profit/loss reports, NPLs remain to be the proverbial hole in the bucket.

Income tax exemptions for expats living in Cyprus: what are your options?

Income tax exemptions for expats living in Cyprus: what are your options?

Situated in the Eastern Mediterranean, the Republic of Cyprus boasts a strategic geographical location at the hub of three continents; Europe, Asia and Africa and a pleasant sunny climate year round.

The UK Persons of Significant Control Register & its impact on companies

The UK Persons of Significant Control Register & its impact on companies

The requirement to maintain a register of people with significant influence or control, more commonly known as the PSC register was introduced to mandate all unlisted companies in the UK, including LLPs and dormant companies to maintain a register identifying those with significant control over a company.