Fee Schedule

 

 
Description Fee (USD) Notes
Company incorporation 1,350.00  
  • Government Fees
  • Registered Office & Agent Fee
  • Articles of Incorporation in Spanish with Apostille
  • Certified and Apostille translation to English of the Articles of Incorporation
  • Extract from the Public Registry with Apostille
  • Certified & Apostille translation of the Extract to English
  • Share Certificates
  • Share Register
  • First Minutes of the Board
  • Corporate Document Set with Apostille
  • Company Stamp
  • Courier
   

*Renewal Fees:

700.00  
  • Registered Office
  • Registered Agent
  • Annual License Fee
   
Annual Nominee Fees:    

Individual Cypriot Nominee Director

Corporate Belize Nominee Director

Individual Panama Nominee Director

Individual Belize Nominee Director

Individual Cypriot Nominee Shareholder

Corporate Belize Nominee Shareholder

Individual Panama Nominee Shareholder

Individual Belize Nominee Shareholder

380.00

200.00

600.00

650.00

250.00

150.00

500.00

500.00

 
Bank account    

Cyprus bank account opening

Bank accounts in other jurisdictions

620.00
Quoted for on a case by case basis
No visit required
     

Compliance service charges

USD Comments

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.

 

Type of Company

Number of Transactions  Note 3

Amount -  EUR

Amount -  SGD

Amount -USD

Standard fee – Dormant Company

(Note 6)

-

350

600

480

Active

Up to 10

Up to 450

Up to 780

Up to 620

Active

Up to 30

Up to 600

Up to 1000

Up to 800

Active

Up to 50

Up to 700

Up to 1200

Up to 950

Active

Up to 100

Up to 1000

Up to 1720

Up to 1350

Active

Up to 200

Up to 1400

Up to 2400

Up to 1875

Active

Above 200

Note 7

Note 7

Note 7

* Please note – all fees exclude VAT (19%). VAT will be added where applicable.

 

NOTES:

  1. The above fees exclude VAT (19%).
  2. Any out of pocket expenses are excluded.
  3. The number of transactions is calculated by taking into account the following:
  • No of sale invoices
  • No of purchase invoices
  • No of Bank transactions (payments, receipts, bank charges and bank interest)
  • No of other transactions (administrative expenses, selling and distribution expenses, depreciation, taxes etc.)               

For example: A company at its financial year from 1/1/2012 until 31/12/2012 had 6 sale invoices and 6 purchase invoices that were paid through bank transfers (and therefore 3 bank deposits and 3 bank payments), 4 quarterly bank interest, 4 quarterly bank charges and 7 other transactions (1 audit invoice, 1 bookkeeping invoice, 1 director fees invoice, 1 secretary fees invoice, 1 utility bill payment, 1 tax payment and 1 Company House Levy payment) that were paid in cash. The total number of transactions is calculated as follows:

 

Transaction type

Total

Sale transactions

6

Purchase transactions

6

Bank transactions (6+6+4+4)

20

Other transactions

7

Total

39

 

Therefore for this company for the bookkeeping for the year from 1/1/2012 until 31/12/2012 the total of transactions is 39 (Up to 50 transactions) and an indicative quotation is as follows:

 

Transactions

EUR

Standard fee

350

39 transactions (700-350)*39/50=

273

Total

623

 

  1. The above fees are given for indication purposes only and cannot be considered as final. Final quotations will be given upon presentation of the appropriate documentation. These will be based on complexity of transactions and issues to be resolved.
  2. Each agreement/contract, investment and loan, is charged on fixed amount as per the below:

 

Contracts/Agreements

EURO

USD

SGD

1

50

60

80

 

  1. Dormant companies are considered as the companies that have only share capital and professional services invoices (audit fees, bookkeeping fees, secretary fees etc.).  If a company has an active bank account, it is not considered as dormant.
  2. For companies with over 200 transactions fees will depend upon actual volume and complexity of transactions.  
Cyprus:
+357 25 02 50 34
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+65 62 47 71 92
Russia:
+7 812 458 46 22
Skype:
eltoma.0015