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Cyprus Company Cost Calculator

What a Cyprus company actually costs to set up and run each year — formation, audit, accounting, VAT and the annual levy.

Speed

The accelerated route costs more at both steps.

Share capital

A company without share capital pays a higher incorporation fee.

€10 each. Submitting two or three is common, since a name can be refused.

Formation work, the sworn declaration, registered office and first-year setup. Leave at zero to see the statutory cost alone.

Bookkeeping, the annual return, financial statements and the audit.

For the corporation tax line. Zero if you do not want it included.

Statutory cost to incorporate

€0

Paid to the Registrar

First year, all in

€0

Each year after

€0

The working

The €350 annual levy no longer exists. Section 391 of Cap. 113, which imposed it, has been deleted, so nothing is owed for it going forward. Arrears for years when it was in force are still due. The Registrar's own guidance page still describes it as payable by 30 June each year and has not been updated, and most formation providers still list it in their pricing. If a quote you have includes it, ask. Where the page and the statute disagree, the statute governs.

What this uses, and what it does not

Statutory fees are the Registrar of Companies published amounts. The corporation tax line is 15% of taxable profit, the rate from 1 January 2026, raised from 12.5%.

Professional fees are asked for, not estimated. They are the larger half of the real cost and none of them has a published rate. A lawyer must swear the founding declaration, which is a legal requirement rather than optional help, and most companies also need a registered office, bookkeeping, an annual audit and often an ASP-licensed provider. Inventing a market rate for any of that would be a guess dressed as a figure, so the calculator shows the statutory element separately and leaves the rest to the quote you have.

Also not included:

  • VAT registration, compulsory once taxable turnover passes €15,600, and the ongoing cost of VAT compliance.
  • Tax registration, due within 60 days of incorporation, and the beneficial ownership filing, which has its own deadline and its own penalty of €100 plus €50 a day capped at €5,000.
  • Payroll costs if you employ anyone. Our social insurance calculator covers those.
  • Special Defence Contribution on dividends you take out, at 5% for a Cyprus resident and domiciled individual from 2026.

How this works

The real annual cost is difficult to find anywhere, because most providers quote only the formation fee. This estimates the full first-year and ongoing cost.

Related guides

The legislation behind these figures, who pays, when it is due, and the reliefs that are easy to miss.

Get this checked by a licensed firm

A calculator gives you an estimate. For anything that matters, have it confirmed by a firm licensed to advise in Cyprus.

Browse licensed firms

Estimates only, not tax advice. Figures are checked against published Cyprus Tax Department guidance and reviewed at least annually.