Quick Answer

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.

Cyprus Company Formation Cost Calculator 2026

Estimate the one-time setup cost and annual running costs of a Cyprus limited company (Ltd). Includes government fees, compliance, accountancy and corporate tax.

Company size

One-time Setup Costs

Government registration fees€1,050
Legal / notary fees (approx)€800
Total setup€1,850

Annual Running Costs

Company secretary€550
Registered office€400
Accountancy / bookkeeping€1,800
Annual filing / compliance€250
Total running costs€3,000

Total Cost Summary

Corporate tax (15% on €100,000)€15,000
Annual running costs€3,000
Total annual cost€18,000
First year (inc. setup)€19,850
Running cost estimates are market averages for Cyprus service providers and will vary. Government fees depend on share capital. Audit is required when annual turnover exceeds €200,000 or the company has more than 25 employees.

Corporate tax rate: 15% (2026). This is an estimate - speak to a Cyprus accountant for accurate quotes.

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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