Prices

 


Fees Payment terms
Package Deal for a Cypriot Company Formation € 2,400 50% in advance - 50% on completion
The Package deal includes a Cypriot Company Formation, Three Name Checks, 1st Year Nominee Director, 1st Year Nominee Secretary, 1st Year Nominee Shareholder, 1st Year Registered Office Address, Preparation of Articles of Association, 2 x Company Resolutions appointing Directors & Secretary, as well as, a Company Stamp.

Description of Services

Company Formation (Once) € 1,900 50% in advance - 50% on completion
Company Name Check (Once) € 100 100% in advance
Annual Government Fee (Annually) € 350 100% in advance
Registered Office Address (Annually) € 450 100% in advance
Postal Address (Annually) € 250 100% in advance
Nominee Registered Secretary (Annually) € 600 100% in advance
Nominee Director (Annually) € 600 100% in advance
Nominee Shareholder (Annually) € 600 100% in advance
Customized Articles of Association (Once) € 700 100% in advance
Company Documents Notarisation (Per Document) € 100 100% in advance
Changes of Company Directors, Secretary, Registered Office Address or Shareholders (per change) €300-Standard fees 100% in advance
Preparation of Company Resolution & Power of Attorney (per document) - Simple €200 Standard or else case by case 100% in advance
Preparation of Annual Form HE32 (annually) € 150 100% in advance
Closing of Company €1200 - Standard fees 100% in advance
Documents Certification €100 - Case by case 100% in advance
Apostile of Documents (Per Document) € 150 100% in advance
Extra set of certificates (per certificate) € 100 100% in advance
Courier Services in Cyprus (Per Package upto 10kg) € 80 100% in advance
Courier Services abroad (Per 0.5kg Documents) € 100 100% in advance
Telephone answering Service (Annually / On our own number) € 150 100% in advance

General Corporate Administration/Legal work will be charged according to the time spent as follows:

Director Fees: € 350 per hour + VAT € 350 100% in advance
Legal work/Consultation: € 250 per Hour + VAT € 250 100% in advance
Corporate Administration work: € 100 per Hour + VAT € 100 100% in advance- case by case
Virtual Office (Annually) € 950 100% in advance
Telephone Answering (For own number ) € 150 100% in advance
Post forwarding via E-mail or Fax

Faxing or Telephone Message Forwarding via e-mail

Review and execution of agreements Case by case and according to the legal work provided 100% in advance -case by case estimation of work
Due Diligence procedure -acceptance of new clients € 400 100% in advance
Transfer in fees € 400 100% in advance
Transfer out fees € 400 100% in advance

Secretarial Services

Preparation of Invoice with information provided by the client (per invoice) € 50 100% in advance
Translation of a document from or into English (per Page) € 90 100% in advance
Invitation letters for visa purposes (per letter) € 140 100% in advance
Check/Cash payments into your own account including sent by fax or e-mail (per payment) confirmation € 20 100% in advance

Accounting Services

Preparation of Vat €150 per hour 100% in advance
Submission of Vies Return € 50 100% in advance
Submission of Vat Return € 150 100% in advance
Accounting Work €200 per hour 100% in advance

Banking Services

Bank Account Opening (1st Account only - Local Banks) € 1,500 70% in advance - 30% on completion
Bank Account Opening (1st Account only Non-Cypriot Banks) € 2,000 70% in advance - 30% on completion
E-Banking € 300 100% in advance
Acting as a bank account signatory € 500 100% in advance
Issue of Debit Card € 200 100% in advance
Issue of Credit Card € 200 100% in advance

Note 3: For Opening an Account with an international bank please contact us. Please note that a specific deposit amount might be requested by certain banks in order to open an account, issue a debit or credit card for clients.
Preparation of Payment instructions €150 per hour

Accounting & Auditing Package Services

Dormant - up to 5 transactions (excluding loan agreement transactions)
Accounting € 550 100% in advance
Audit € 750 100% in advance
Up to 25 transactions (excluding loan agreement transactions)

Accounting € 650 100% in advance
Audit € 850 100% in advance
Up to 50 transactions (excluding loan agreement transactions)

Accounting € 750 100% in advance
Audit € 1,000 100% in advance
Up to 100 transactions (excluding loan agreement transactions)

Accounting € 950 100% in advance
Audit € 1,300 100% in advance
Up to 200 transactions (excluding loan agreement transactions)

Accounting € 1,250 100% in advance
Audit € 2,000 100% in advance
Up to 500 transactions (excluding loan agreement transactions)

Accounting € 2,200 100% in advance
Audit € 3,100 100% in advance

Up to 1000 transactions (excluding loan agreement transactions)
Accounting € 3,350 100% in advance
Audit € 3,600 100% in advance



Total Tax Package € 1,200 100% in advance

Registration of your corporation with the tax authorities
Cyprus VAT Registration
EU Vies Registration of your Cyprus VAT number

Offshore Company Formation (including 1st year registered agents fees)

Company Formation for BVI, Seychelles, Belize, Panama € 3,000 100% in advance
Company Formation for Hong Kong € 2,600 100% in advance
Registered Office Address including Government Fees (Annually) € 900 100% in advance
Nominee Director (Annually) € 600 100% in advance
Nominee Secretary (Annually) € 600 100% in advance
Nominee Shareholder (Annually) € 600 100% in advance
Notarisation of Documents (Per Document) € 200 100% in advance
Legalisation / Apostile of Documents (Per Document) € 250 100% in advance
Incumbency Certificate €400 - €600 if apostiled 100% in advance
Good Standing Certificate €250,00 - €500,00 if apostiled 100% in advance
Certificate of Incorporation €250,00 - €500,00 if apostiled 100% in advance
Apostille Bundle of Documents € 1,200 100% in advance
Changes of Company Directors, Secretary, Registered Office Address or Shareholders (per change) for BVI, Seychelles Case by case and according to the jurisdiction of each company/country
Due Diligence procedure -acceptance of new clients € 400
Transfer In € 400
Transfer Out € 400

Additional Notes:

Company Formation:
Registration fee includes the provision of Memorandum and Articles of Association, Certificates of registration, your own legal address, your own appointed director, secretary, and shareholder, 1st resolution appointing shareholders, directors and secretary, share certificates and company stamp.

Annually Charged Services:
Annually Charged Services will be payable in advance every year and must be prepaid for the first year at the registration. For subsequent years, these fees are paid annually in advance before the expiration of the prepaid period. In case these fees are not prepaid on time and according to our company's invoices, we reserve the right to cease rendering any services to the company.

Professional Directors, Secretary and Shareholders:
"Alexandrou Corporate Services" provides full nominee structure for anonymity of ownership and management of the company in the interests of the beneficiaries. To this end, "Alexandrou Corporate Services" will appoint a company or a suitable employee to act as a professional director and /or nominee shareholder and/or nominee secretary of the company. The persons appointed may be changed at any time on client's request. "Alexandrou Corporate Services" will not be liable for any costs incurred by the beneficiary or the Company as a result of any change in professional director, secretary or shareholder on client's request.

Bank Account Opening Fees:
Bank Account Opening fee are charges for the provision of assistance to open a bank account including the preparation and filing with the bank of the required documents and liaising with the Bank and the client in relation to the due diligence required by the banks. "Alexandrou Corporate Services" does not guarantee the success of bank account opening. The bank account opening fees paid to our company are not refundable.

VAT Registration and Administration:
This fee applies where "Alexandrou Corporate Services" assists in registration of the company as VAT-payer, arranges VAT administration of the Company and/or acts as VAT agent.

Accounting/Auditing

Transactions:
Any complex issues/transactions such as loan agreements and/or shareholders' Agreements are Not included in the accounting / auditing fees.

Bookkeeping fees: 
Each company's records will be kept using separate accounting software system approved by Income Tax and VAT authorities in order to meet their requirements.

Audit fees: 
Amount of audit fees include audit of financial statements based on International auditing standards and preparation and submission of yearly Company's income tax return -IR 4 preparation and submission of all necessary company's Tax compliance forms

Communication with client:
Day to day required communication (via telephone or email) to solve simple Audit and tax issues will Not have additional charge. Additional amount will be charged only during the solution of complex tax Matters and/or during specific tax planning.

All above prices are subject to vat at the applicable rate.

Company termination or closure:
When a company termination or closure is required, the owner has the responsibility to inform "Alexandrou Corporate Services" before the Anniversary date of the company. All bookkeeping and audit (where applicable) must be done and paid up to date. Additionally, all outstanding invoices must be paid before closure of the company takes place. Closing fees range from 500-1500 Euro depending on Jurisdiction. In case of liquidation the fees will need to be agreed and paid in advance.
Important Notice:
"Alexandrou Corporate Services" reserves the right to amend all fees. All services and fees payable should be agreed in advance and in writing before any work commences. Payment of all invoices is due within two weeks of issue. Any outstanding amounts following the two weeks period may be subject to annual interest surcharge.