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:

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How Initial Coin Offerings Differ from Initial Public Offerings

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Reasons for the Prevalent Misappropriation of Public Funds by Officials in CIS Countries

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Notional Interest Deduction: A Useful Tool for Cyprus Companies

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The Legal Consequences of the Unlawful Transfer of Personal Client Data to Third Parties: UK Case Study

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As per English common law, banks are liable to both criminal and civil proceedings. According to the case of Bank of Scotland v A, banks have an ability to choose between criminal and civil liability in litigation with their customer. Nevertheless, ‘the last bit’ of this choice has to be decided by the court.

Dormant Companies: A Definition by the Cyprus Inland Revenue Dept

Dormant Companies: A Definition by the Cyprus Inland Revenue Dept

Following Circulars No.2011/11 and No.2011/5, this article will explain what a "dormant company" is, its symptoms and consequent requirements. The following is an extract from PART 1.7 of the "Company Income Statement" form (EP 4), whereby a definition of a dormant company is considered to be a company that meets the following conditions:

How to Effectively Use Software to Improve the Purchasing Process Within your Company

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Companies all over the world rely on controls over expenditure at the point of logging a supplier invoice or receipt, which over time can cause difficulties in producing timely and reliable account management.

Information Security & Factors that Contribute to Data Leakage in the Ukrainian & UK Banking Sector

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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.