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Setting up a Cyprus limited company costs approximately EUR 1,050-2,000 in one-time government and legal fees. Annual running costs start at around EUR 3,000-4,500 for a solo consultant operation, covering company secretary, registered office and basic accountancy. Corporate tax is a flat 15% on net profit. Companies meeting two of: turnover over EUR 2 million, balance sheet over EUR 1 million, or 25+ employees, require a statutory audit.

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Cyprus Company Formation Cost [2026]

Incorporating a Cyprus Ltd typically costs EUR 1,050-2,000 in one-time government and legal fees. Annual running costs depend on company size and activity: a solo consultant company can be maintained for approximately EUR 3,000-4,500 per year (company secretary, registered office, and basic accountancy). Companies with turnover above EUR 200,000 or more than 25 employees require a statutory audit. Corporate tax is a flat 15% on net profit, making Cyprus one of the most competitive jurisdictions in the EU.

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Moving to Cyprus or opening a company?

Tell us your situation and we'll connect you with our specialist expat advisory in Cyprus: Non-Dom tax, company setup and residency, done for you. Free consultation, no commitment.