Setting up a new Cyprus Company - Fees Breakdown

Dear Mr. Client, 

It was a pleasure talking to you. 

After our conversation please find below our services and their relevant cost:

Creation of a Cyprus Company with Speed up process: Euro 1,800 + VAT = Euro 2,034 (one-off) 

Registration of the company with the TAX : Euro 150 + VAT = Euro 178,50 (one-off) 

Registration of the company with the VAT : Euro 250 + VAT = Euro 297,50  (one-off) 

Total Cost = Euro 2,510 (including all disbursements and VAT)

Nominee Services (Provision of Director, Secretary, Registered Office) : Euro 1,500 + VAT = Euro 1,785 / annum 

Accounting, Audit & Tax Services : You can visit our website to find our indicative cost based on the company's volume 

As discussed via the telephone, the cost of our services depends on the company's needs such as the number of employees, the number and the currency of the bank accounts, the number and the complexity of the transactions. As soon as we have a better understanding of the company's volume we will be able to provide you with a proper quotation including our discount for our accounting, audit and tax services. 

In addition, the below points were discussed:

1. You have to take into consideration the annual charges of the Cyprus authorities (Annual Levy Euro 350-Cyprus Registrar of Companies and company's taxes) 

2. Exclusive director & banking issues - to be discussed further 

3. Tax Residence  - to be discussed further 

4. VAT Treatment (B2B, B2C between Cyprus company and EU) for ecommerce services - to be discussed further 

Regaridng points 2,3 and 4 feel free to call Kyriakos on +357 99 428 543. 

Thank you in advance, 

CYAUSE Team