Bookkeeping

ServiceFee (€)
  1. Company House Levy.

Annual Fee payable by 30th June the year after incorporation.

€350
Dormant company: bookkeeping & audit fees:
  1. Book Keeping Fees.

Fee conditional on whether the company has Bank Accounts, Bank Charges, Bank Transactions / Charges, number of shareholders, subsidiaries (Holding) etc.

€250 – €500
  1. Audit
€300 + VAT
Active Company: bookkeeping & audit Fees:
  1. Book Keeping Set Up Fee.
€250 + VAT
  1. Book Keeping Fees.
Determined by: number of transactions, amount of sales turnover and time spent
  1. Audit.
From €1,500
VAT & VIES:
  1. VAT Registration.
€150
  1. VAT Declarations – dormant company.
€200 per annum
  1. VAT Declarations – active company.
€480
  1. VIES Registration.
€150
  1. VIES Declarations.
Complimentary
  1. VAT Deregistration.
€150
Additional services:
  1. Preparation and Submission of Personal Income Tax Form.
€50
  1. Preparation and Submission of IR 7 form for companies.
€50
  1. Preparation of monthly Payroll for companies.
Determined by: number of employees of company – €50 per employee on a monthly basis

Documents needed from clients for bookkeeping:

Part A

Applicable for all jurisdictions for newly incorporated companies:

  1. Detailed description of the company’s activities.
  2. Bank statements for the financial year for all accounts that are under the company’s name.
  3. Sales Invoices issued from the company during the financial year.
  4. Purchases invoices received from the suppliers of the company during the financial year.
  5. Any expense receipts issued under the company’s name.
  6. Any agreements and contracts signed by the company during the financial year.

Part B

Documents needed from companies that were transferred from another agent:

Cyprus jurisdiction:

  1. All the above documents mentioned in Part A.
  2. A set of the financial statements from the previous financial year that were submitted to Cyprus Company House.
  3. A copy of the submitted and stamped IR4.
  4. A copy of the submitted HE 32.

Take the next step, we are here to help.

Register a Cyprus company.
Open a Cyprus bank account.

  Resources:

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Russian citizens can gain Cyprus tax residency by staying only 60 days on island, whats the catch?

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Cyprus tax department releases new guidance on CRS deadlines and the online portal

Cyprus tax department releases new guidance on CRS deadlines and the online portal

The Cyprus Tax Department has released a notification to all Cyprus based Financial Institutions & Service Providers of the new guidance notes on the Automatic Exchange of Financial Account Information and other information relating to the Common Reporting Standard (CRS).

Hong Kong establishes AEOI agreement with Indonesia

Hong Kong establishes AEOI agreement with Indonesia

Last week, Hong Kong finalised and signed an agreement with Indonesia to allow for the automatic exchange of financial information (AEOI) regarding all tax matters.

 

New requirement for Scottish LPs to disclose all PSC information to the Companies House

The legislation for Scottish Limited Partnerships have changed regarding the disclosure of information. Going forward, Scottish LPs will have to register all information about PSCs and Business Owners with the UK Companies House from July 24th 2017.

 

Key amendments to the Singapore Companies Act

Significant changes to the commercial and company law in Singapore have come into effect. The changes to the Singapore Companies Act will hopefully make business entities more transparent as well as mitigating the risks of money laundering and terrorist financing.

Panama Law 52: Updated legislation for all legal entities

Panama Law 52: Updated legislation for all legal entities

Last month the Government in Panama officially approved Law Number 52; legislation which creates the regulatory framework for the implementation regarding automatically exchanging tax information, in a further attempt to comply with global regulations for tax transparency, and to be fully in line with all supervisory and compliance matters.

Important 2016 reporting deadlines for BVI Financial Institutions

Important 2016 reporting deadlines for BVI Financial Institutions

Officials from the British Virgin Islands have come together to clarify various filing deadlines as per the automatic exchange of information systems in a press release.

Thinking of relocating your business to Singapore? Let us help you!

Thinking of relocating your business to Singapore? Let us help you!

Singapore has quickly become one of the world's most prosperous countries with strong international trading links and per capita GDP equal to that of the leading nations in Western Europe, making it an ideal destination and potential location for Business Owners to relocate and start a new business and lifestyle.