Incorporate.ltd

๐Ÿ‡จ๐Ÿ‡พ Cost of Setting Up in Cyprus

Complete cost breakdown for company formation in Cyprus โ€” formation fees, annual compliance, office space, and structure-specific costs.

Cost Overview

Cost Breakdown (USD)
Formation Cost
โ‚ฌ1,000โ€“โ‚ฌ3,500
Annual Compliance
โ‚ฌ1,500โ€“โ‚ฌ5,000
Office Space
โ‚ฌ2,400โ€“โ‚ฌ12,000/year (virtual office to serviced office in Limassol or Nicosia)

Cost by Structure

Private Company Limited by Shares (Ltd)

Minimum Capitalโ‚ฌ1 (no statutory minimum)
Annual Costโ‚ฌ1,500โ€“โ‚ฌ4,000
Setup Timeline5โ€“10 business days

Public Company Limited by Shares (PLC)

Minimum Capitalโ‚ฌ25,629 (minimum issued capital)
Annual Costโ‚ฌ5,000โ€“โ‚ฌ15,000
Setup Timeline2โ€“4 weeks

This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.