Relocating to Cyprus: Setting Up a Business - Costs Breakdown

Dear Client,

Good morning and thank you for reaching out via the 'Send Enquiries' form on our website. 

We would be happy to offer our services to you, we have extensive experience in the field of company incorporations, accounting, audit, tax and relocation to Cyprus amongst other services. 

Please find below our fees as per the related services:

Company Formation (LTD): €650 plus VAT & government disbursements, one off fee. Incorporation can be fully remote and typically completed within 3 to 4 weeks. You will need passport copies, utility bills, and your preferred company names.

VAT Registration: €250 + VAT, one-off fee. We register your company for VAT and handle all compliance with local authorities.

Bank Account Opening: You can do it yourself, but it is a time consuming and tiresome process. Depending on the financial institution (local bank, Revolut, etc.) the charge varies from €800 to €1000 + VAT, one off fee. 

Non-Domiciled application: €800 + VAT, one-off fee.

Residence permit: €600 + VAT (yellow slip), one off fee.

Annual Accounting & Audit: Annual recurring fees. Subject to volume, complexity and ease of communication. Please refer to our website for an indicative annual cost, based on the company's needs. A more accurate offer will be provided at a later stage, once we discuss your tax status and the relevant needs. See our full pricing table for details.

We can have a short 15 minute free call to walk you through the procedures and answer any of your questions if you wish, just let us know your availability for this week excluding tomorrow, 28/10 which is a national holiday in CY, and my colleague (cc'd) will set it up accordingly.

Via the attached brochures and on the following links of our website and YouTube channel, you will find useful information on non-dom, company incorporations, bank account opening and KYC (know -your-client) procedures and requirements.

Looking forward to hearing from you.

Remaining at your disposal.

Kind Regards,

Good morning CYAUSE,

My sincere apologies for the radio silence, the last quarter of the year has been extremely hectic for us, and I haven’t had a moment to pause.

After our visit to Cyprus, we are confident that we want to move forward, and I would be very happy to have your support throughout the process.

Please allow me to get back in touch as soon as I am able to fully focus on this.

Thank you again for your time so far.