· Company Formation · 2 min read
Cyprus Company Formation Cost: Full Breakdown for 2026
A complete breakdown of the cost of forming a company in Cyprus — government fees, professional fees, registered office, bank account opening, and ongoing annual compliance costs.
One of the most common questions from entrepreneurs considering Cyprus is: how much does it actually cost to set up and run a Cyprus company?
This guide gives you a transparent breakdown of every cost — from initial incorporation through to ongoing annual compliance.
One-Time Incorporation Costs
Government Fees
The official Cyprus Registrar of Companies fees for incorporating a private limited company are:
| Item | Fee |
|---|---|
| Company registration (standard) | €165 |
| Expedited registration (2–3 days) | €420 |
| Name reservation | €10 |
These fees are the same regardless of which service provider you use.
Professional Fees
Professional fees for handling the full incorporation process (document preparation, liaising with the Registrar, obtaining TIN) typically range from €800 to €1,500 depending on complexity and the service provider.
Total typical incorporation cost: €1,000 to €2,000
First-Year Setup Costs
Beyond the basic incorporation, most companies need:
| Item | Typical Cost |
|---|---|
| Registered office address (1 year) | €300–€600/year |
| Nominee director (if needed) | €800–€1,500/year |
| Nominee shareholder (if needed) | €500–€1,000/year |
| Corporate bank account opening assistance | €500–€1,000 |
| VAT registration (if applicable) | €200–€400 |
Annual Ongoing Compliance Costs
All Cyprus companies must maintain annual compliance. Budgeting approximately €2,000 to €4,000 per year for a basic holding or operating company is realistic.
Annual Return
| Item | Cost |
|---|---|
| Annual return filing with Registrar | €20 (government fee) |
| Professional fee for preparation | €200–€400 |
Accounting and Audit
Unlike many jurisdictions, all Cyprus companies must have their annual accounts audited, regardless of size. Annual accounting and audit costs for a basic company:
| Company type | Typical annual cost |
|---|---|
| Holding company (no trading activity) | €1,500–€2,500 |
| Operating company (active trading) | €2,500–€5,000+ |
Corporate Tax Return
Preparation and submission of the annual corporate income tax return: €300–€600
Registered Office Renewal
Annual registered office address: €300–€600
Summary: Total Annual Cost
For a basic Cyprus holding company with minimal activity:
| Cost | Annual |
|---|---|
| Registered office | €400 |
| Accounting & audit | €2,000 |
| Tax return | €400 |
| Annual return | €300 |
| Total | ~€3,100/year |
For an active trading company, budget €4,000–€8,000 per year for full compliance.
Is Cyprus Worth It?
At 12.5% corporate tax versus 25% in the UK or 23% in Israel, the tax saving on €100,000 of profit is:
- vs UK: €12,500 saving per year
- vs Israel: €10,500 saving per year
At a running cost of ~€3,000/year, Cyprus becomes financially worthwhile once your company generates €25,000–€30,000+ in annual profit. The IP Box (2.5% effective rate on software income) makes it worthwhile at much lower profit levels for IP-rich businesses.
Contact us for a fixed-fee quote tailored to your specific company structure.
