In short
- State fees: €10 for the name, €165 for the incorporation, €295 with both accelerated procedures.
- Formation packages: €1,699, €2,749 and €4,999 before VAT, with office and secretary for a year.
- After registration the Registrar charges €20 for a filing or a certificate. The €350 annual levy was abolished from 2024.
- Second year: accounting from €3,480, the audit, the office and secretary, €20 for the annual return.
In this guide
State fees: what the Registrar charges to register a company in Cyprus
The Department of Registrar of Companies charges a fixed fee for each step of a registration. The incorporation fee is the same whatever the share capital. The amounts below are the ones on the official fee pages on 10 October 2026.
| Fee for the registration | Amount |
|---|---|
| Name approval, for each name | €10 |
| Accelerated name approval, for each name | €20 more |
| Incorporation of a private company with a share capital, forms HE1, HE2 and HE3 | €165 |
| Accelerated incorporation | €100 more |
| Certified copies of the incorporation certificates, ordered with the registration | €120, or €130 when no copy of the memorandum and articles is handed in |
| File of translations, for a memorandum and articles in a second language | €160 |
| Apostille on a certificate, at the Ministry of Justice and Public Order | €5 each |
| First entry in the register of beneficial owners (UBO register) | No fee |
With the standard procedure the Registrar receives €175: €10 for the name and €165 for the incorporation. With both accelerated procedures the total is €295. An approved name stays reserved for six months, so a founder who files within that time pays the name fee once.
A formation package pays these fees for you. The page on company formation in Cyprus shows our three packages side by side.
Fees after registration: €20 for a filing or a certificate
Once the company exists, the Registrar charges by the filing. Most filings cost €20, and the company pays no annual levy.
| Filing or document | Fee of the Registrar |
|---|---|
| Annual return, form HE32, once a year | €20 |
| Annual return filed late | €20 more, and a late charge of €50 on the first day and €1 for each further day, up to €150 |
| Certificate or certified copy, each | €20, or €40 with the accelerated procedure |
| Certified copy of the memorandum and articles | €40 with a copy handed in, €50 without |
| Change of directors or secretary, form HE4 | €20 |
| Change of the registered office, form HE2 | €20 |
| Transfer of shares, form HE57 | €20 |
| Allotment of shares, form HE12, or increase of the capital, form HE14 | €20 each; €40 for HE14 with its resolution |
Banks and business partners ask for certificates of incorporation, of the directors and secretary, of the shareholders, of the registered office and of good standing. A certificate ordered online carries a code, and for 90 days anyone can check it on the Registrar's website.
Two costs of older guides no longer exist. The €350 annual levy was abolished from 2024, and stamp duty was abolished for documents signed from 1 January 2026.
A ready-made company in Cyprus changes hands on these €20 forms.
What each certificate shows and what is in the company's file, which the Registrar lets you search for €10: Cyprus company register.
Formation packages: the price and what each includes
The larger part of the price is work. A lawyer in Cyprus draws up the memorandum and articles and swears the declaration on form HE1 before the court. We check the documents of each owner and give the company its registered office and its secretary. Our three packages are priced before VAT, which is 19% in Cyprus, and the prices are valid on 8 October 2026.
| Package | Price | What it includes |
|---|---|---|
| Starter | €1,699 | Name approval, all state registration fees, standard memorandum and articles in Greek, compliance check for one person, registered office and company secretary for one year, tax number, a one-hour consultation |
| Standard | €2,749 | Everything in Starter, memorandum and articles in English, four certificates with apostille, an apostilled copy of the articles in two languages, help with opening a Wise account, a second consultation |
| Premium | €4,999 | Everything in Standard, accelerated registration and certificates, 10 hours of consultations a year |
Registration is expected in 8 to 12 working days. The guide on how to register a company in Cyprus explains each step the price covers.
Extras: costs that depend on what the company does
Three services have a fixed price. The bank account application starts at €1,500, and a nominee director is priced in your quote, because the fee follows the structure of the company.
| Service | Our price before VAT | When a company needs it |
|---|---|---|
| VAT registration | €350 | Taxable turnover above €15,600 in twelve months, or services sold to businesses in other EU member states |
| VIES registration | €149 | Sales to businesses in other EU member states. VIES is the EU register of VAT numbers |
| Certificate from the Registrar | €200 each | A bank or a business partner asks for one. It is issued in about 2 to 3 weeks |
| Bank account application | From €1,500 | The company applies for an account with a Cyprus bank |
| Nominee director | In your quote | The company is managed in Cyprus. A resident director who takes part in the board's decisions is part of that |
A company that sells services to businesses in other EU member states registers for VAT and for VIES before its first invoice: €499 for the two. A company with no such clients and a taxable turnover under €15,600 adds neither.
We do this for you Company formation in Cyprus from €1,699
Worked examples: the first year of two companies
Each company has one founder, who is also its director, and takes accounting at the starting price of €290 a month. The first is a holding company with no VAT number, on the Starter package. The second sells services to businesses in the EU. It takes the Standard package for the English articles and the apostilled certificates, and it registers for VAT and VIES.
| First year, before VAT | Holding company | Trading company |
|---|---|---|
| Formation package | Starter, €1,699 | Standard, €2,749 |
| VAT registration | None | €350 |
| VIES registration | None | €149 |
| Accounting, 12 months from €290 a month | From €3,480 | From €3,480 |
| Total | From €5,179 | From €6,728 |
Of the €1,699 for Starter, €175 are the Registrar's fees for the standard procedure. The auditor's fee for the first accounts comes on top in both cases, and it is paid after the financial year ends.
Second year: what a Cyprus company pays every year
From the second year the costs repeat. Five costs make up the yearly budget, and corporate tax of 15% on the profit comes on top.
| Yearly cost | Amount | Paid to |
|---|---|---|
| Registered office and company secretary | Included for the first year, then the renewal price in your quote | The provider |
| Accounting: the books and the tax returns | From €290 a month before VAT, from €3,480 a year | The provider |
| Yearly accounts and their audit or review | The auditor's quote | The auditor |
| Annual return, form HE32 | €20 | The Registrar |
| Annual levy | Abolished from 2024 | No one |
| Payroll, once the company has staff | In your quote | The provider |
For both companies of the examples the known part of the second year is from €3,500: €3,480 for accounting services in Cyprus and €20 for the annual return. The €20 belongs to the second year because the first return falls 18 months after incorporation. A company incorporated on 2 March 2026 makes it up to 3 September 2027 and files it within 28 days.
Every company has its financial statements audited by a licensed auditor each year. A company with turnover under €300,000 and assets under €500,000 for two years running takes a review instead, a lighter engagement than a full audit. The review applies to financial years that begin on or after 6 February 2026.
What each filing is and when it falls due is in the guide to Cyprus accounting requirements.
Timeline: when each cost falls due
- At the start: the package. It includes the state fees, so nothing more goes to the Registrar for the registration.
- After registration: VAT and VIES registration where the business needs them, and the application for a bank account.
- Every month from the first transactions: accounting.
- After the financial year ends: the yearly accounts and the auditor's fee.
- At the first anniversary: the renewal of the registered office and the secretary.
- 18 months after incorporation: the first annual return, €20.
- With each change, such as a new director or a transfer of shares: €20 at the Registrar for the form.
Cheap Cyprus company formation: what lowers the cost and what the law fixes
The cheapest complete registration we offer is the Starter package: €1,699 before VAT, of which €175 goes to the Registrar. Four costs are set by law, and no provider can remove them. The Registrar charges its fees, and a lawyer draws up the documents and swears the declaration on form HE1 before the court. The company keeps a registered office in Cyprus with a secretary and has each year's accounts audited or reviewed. The rest depends on choices you make.
- Greek articles. The Registrar takes the memorandum and articles in Greek. English articles add certified translations and €160 at the Registrar, and they are part of the Standard package.
- The standard procedure. The accelerated procedures add €20 for the name and €100 for the incorporation, and accelerated filing is part of the Premium package.
- Yourself as director. The law asks for one director and sets no rule on where the director lives, so a founder can hold the post. Founders who want the company managed in Cyprus appoint a resident director who takes part in the board's decisions: see nominee director in Cyprus.
- One person in the structure. Starter includes the compliance check of one person. Each further owner, director or holding company is checked too and appears as a line in your quote.
- A payment account first. Help with opening a Wise account is part of the Standard package, and for the bank account that follows our guide shows which Cyprus bank opens the account and what it asks.
- The volume of bookkeeping. The monthly accounting price follows the number of documents, the bank accounts, VAT and payroll.
To see the price for your own structure, choose a package and ask for a quote. It lists every line before we start registering your company in Cyprus.
