Find the answers to many of your expat questions here

View Latest Posts

You're missing out...

As a member you can enjoy exclusive info and offers.


Company Forming in Cyprus - why so expensive

Posted by Steen Qvist - Created: 9 years ago
0 0
Sorry no image available

3 replies (Showing replies: 1 to 3)

Sorry no image available
Posted by dorsetfam - 9 years ago

Hi Steen,

Horizon Group in Paphos deal in company and trusts set up / administration.

Dependant on what you want from the company it may be worth a chat.


go to cyprus - contacts

Sorry no image available
Posted by ctl - 9 years ago


you have to bear in mind that :

a) the Government gets approx. 300-400 euros per company in advance.

b) there is a fee for time (processing the paperwork, administration/invoicing/collection, legal requirements such as client identification, basic consulting/communication) plus 15% VAT.

c) costs (courier/mail costs, telephone enquiries about the progress of the application)plus 15% VAT.

d) approx. 20% income taxes on the fee

Sorry no image available
Posted by s.s.-690355 - 9 years ago

Just to know what is the prices that you have found over the internet?

The prices appearing on the internet are specifically for persons outside Cyprus with no opportunity to know the real cost of forming a company in Cyprus.