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:

 

Protection of Nominee Directors from IRD claims for Cyprus client companies

Legislation re Cyprus Tax Residency:

 

Cyprus Company Law: Responsibility of Directors for the non-payment of taxes

A Company Director, in a company incorporated under the laws of the Republic of Cyprus, may be found liable by the Inland Revenue or Customs & Excise with regarding tax related issues. As per the legislation, the Inland Revenue or Customs & Excise may personally prosecute the Company Directors who are involved in any taxation offence(s) or related financial matters.

Inward re-domiciliation: changes to the Singapore Companies Act allowing foreign firms to re-domicile to Singapore

Inward re-domiciliation: changes to the Singapore Companies Act allowing foreign firms to re-domicile to Singapore

In order to ensure that the regulatory regime of Singapore continues to be robust, relevant and in line with international norms, on the 30th of March 2017, the Companies (Amendment) Act 2017 of Singapore was gazetted. Among the number of amendments to the Companies Act, the provisions for the inward re-domiliation regime are arguably the most important in further boosting Singapore’s character as a business hub.

Inward re-domiciliation: Key changes to the Singapore Companies Act make company relocation to Singapore easier than ever

Inward re-domiciliation: Key changes to the Singapore Companies Act make company relocation to Singapore easier than ever

Last March, the Singapore Government amended the Singapore Companies Act 2017 which introduced an inward re-domicile (or relocation) regime in an effort to boost Singapore’s attractiveness as a business hub.

Cryptocurrencies: technical and legal overview

Cryptocurrencies: technical and legal overview

In this article, we will try to succinctly describe the technical and legal characteristics of Cryptocurrencies. The understanding of Cryptocurrencies is crucial for today’s modern payment services and investment opportunities around the world. We have seen the increasing importance that this topic has acquired in the last few months and the rise of the price of the most popular type of Cryptocurrency, the Bitcoin, from $0.06 cents of a dollar in 2010 to $5,518.85 by the 25th of October, 2017.[1]

The Belize IBC Amendment Act 2017: 3 notable changes for businesses

The Belize IBC Amendment Act 2017: 3 notable changes for businesses

Belize has amended its International Business Companies Act. These changes were to maintain its financial services industry in the increasingly regulated international market & meet the OECD white list requirements.

Cryptocurrency & ICOs as securities & virtual commodities as per Hong Kong law

Cryptocurrency & ICOs as securities & virtual commodities as per Hong Kong law

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.