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:
Current Information on the Payment of Cyprus Income Tax
An individual is considered to be tax resident in Cyprus by spending a total (consecutive or otherwise) of 183 days or more in any one calendar year in Cyprus. Anyone earning an income in Cyprus falls into two categories:
UK Company Law: The Doctrine of Lifting the Corporate Veil
One of the main advantages of forming a legal entity is to limit the liability of the members of the company. However, in some circumstances, legal entities can be disregarded. This process is known as piercing the corporate veil and is the most common method for shareholders to take responsibility for the actions of the corporation.
How to Spot Professional Money Laundering Activities: A Guide for Companies
A sound client due diligence (CDD) policy is crucial for any providers offering banking, incorporation, legal or accounting services to any extent or otherwise. Compliance must play a huge role around all company decisions to accept and work with new clients, with an explicit set of rules for knowing and identifying different risk categories.
Creating Physical Presence & Capital Requirements for Cyprus Shell Company Crackdown
Recently, the Cyprus Central Bank issued guidance to banks & credit institutions, advising them of the new mandatory refusal to take on new clients or to continue servicing existing accounts with so-called shell or letter-box companies.
How the UK is Combating Offshore Culture & How it Could be Doing More
Typical tax haven destinations such as BVI, Jersey and Switzerland have always been in the spotlight from profiting off of helping clients circumvent legislation in their jurisdiction of residence for decades.
Nevis: The Offshore Tax Haven Nation of the World
In the world of offshore, Nevis specialises in letting its clients create corporations with greater anonymity than almost anywhere else on earth. Since 2012, the island’s financial services sector has grown exponentially, as those wishing to retain anonymity relocated to a place that promises just that. However, with ever-expanding counter legislation cropping up globally, how can Nevis continue to host such controversial services?
Expert Opinion on Cyprus’ New Borrower Incentives to Reduce the Islands NPLs
The Cyprus Ministry of Finance has released a statement regarding the IMF (the International Monetary Fund) & the European Commission is recommending Bills regarding the islands longstanding issue with Non-Performing Loans.
Keeping Europe Up-to-date with the Latest Legal & Financial Technology
The financial world is undergoing a technological revolution, with approximately 3 trillion financial deals entered into using digital ledger technology (DLT) and smart contracts within the next five years.
