Cyprus Investment Firms (CIFs) are Cyprus entities licensed by the Cyprus Securities and Exchange Commission (CySEC). There are three types of licence: the Simple Licence, the STP Licence and the Market Maker. The selection depends on the services that the CIF will be providing. Each category has its own requirements which are determined based on the Company's structure as well.
The following are the licensing fees for each category. The fees do not include the applicable VAT rate:
Disbursements are applicable, which are recurring and depend on the type of licence and the requested services. The minimum fee is Euro 7,000.
Additional Services can be provided in order to comply with the ongoing obligations of the licensed firm to the Cyprus Securities and Exchange Commission. The cost depends on the CIF category and the relevant needs and requirements.
The cost of additional services will be quoted based on the specific requirements and complexity of each report needed for your CIF category.