Fee schedule

Description Fee (USD) Additional Information
Company Incorporation 1,350.00  
·     Government Fees
·     Registered Agent & Registered Office
·     Certificate of Incorporation
·     M&AA
·     Minutes of First Meeting
·     Share Certificates
·     Corporate Document Set with Apostille
·     Company Stamp
·     Courier
   
*Renewal Fees: 650.00  
·     Registered Office
·     Registered Agent
·     Annual License Fee
   
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 100.00 Per Document
Apostille of Documents 200.00 Includes Notarisation. Fee Per Document
Certification by Consulate Quoted for on a case by case basis  
Amendments 350.00 Apostille & courier extra if required

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

Certificate of Tax Exemption

·     Including Apostille & Courier
·     Without Apostille, Including Courier

 

700.00
500.00
 

Company Dissolution:

·     Without Liquidator
·     With Liquidator

 

850.00

Price quoted for on an individual basis

 

Compliance service charges 

Introduction Compliance Fee for New Clients

Annual Compliance Review 

 

Compliance Service Fee for all post company incorporation services involving new persons or legal entities

 

 

230.00

120.00

 

60.00-120.00

 

 

Charged with June 2016 Company Renewal fee onwards.

Price depends on complexity of the case.

Renewal payments due as follows:

  • All IBC’s incorporated in the Commonwealth of Dominica are to renew their business license with the Registrar annually on the date of incorporation.

Take the next step, we are here to help.

Register a Dominica company.
Open a Dominica bank account.

  Resources:

European Commission publishes tax avoidance disclosure directive

European Commission publishes tax avoidance disclosure directive

The EC (European Commission) has published its draft legislation compelling financial service providers or intermediaries to disclose any international tax planning schemes they have encouraged, enabled or assisted in any way.

OECD publishes compliance review for all non-compliant jurisdictions

OECD publishes compliance review for all non-compliant jurisdictions

The OECDs global tax transparency initiative was launched last year in April 2016, with the purpose of encouraging every jurisdiction across the world to commit to implementation of a CRS (Common Reporting Standard) for automatic exchange of information by 2018, and to sign the Multilateral Convention on the exchanging of tax data. A forum on behalf of the OECD has released the results of its review for jurisdictions it considers to be non-compliant.

EU Parliament Committee release findings & recommendations for current offshore taxation measures

EU Parliament Committee release findings & recommendations for current offshore taxation measures

A formal enquiry into the Panamanian law firm Mossack Fonseca has been launched by the European Parliament's Committee, which found gaps in beneficial ownership transparency for trusts and fiduciaries and didn’t meet the EU standard.

2017 G20 summit: Enforcement of taxation highest priority

2017 G20 summit: Enforcement of taxation highest priority

The 2017 G20 leaders’ summit took place in Hamburg last week where the European Commission Council and leaders discussed the priorities and primary projects for the upcoming summit. EC President Jean-Claude Juncker has stated that advancing the global combat against tax evasion is top of the list.

The EC takes action against advocates promoting tax avoidance schemes

The EC takes action against advocates promoting tax avoidance schemes

The European Commission has recommended the implementation of a new regulation regarding companies or intermediaries who promote or design cross-border tax planning schemes will going forward be required to provide full disclosure to the tax authorities of their relevant jurisdiction within five days of offering them to clients.

What are the new Beneficial Ownership reporting requirements for BVI companies?

What are the new Beneficial Ownership reporting requirements for BVI companies?

Going forward, a new regulation will require certain British Virgin Islands companies to gather and retain details of Beneficial Owners with 25% or more of the company’s shareholding rights, with an ongoing requirement to keep the details up to date.

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

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

Cyprus is once again working to improve its economic desirability and will be able to increase its alternative business base for Russians with good creditworthiness.

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).