🇨🇾 Cost of Setting Up in Cyprus
Complete cost breakdown for company formation in Cyprus — formation fees, annual compliance, office space, and structure-specific costs.
Cost Overview
Cost Breakdown (USD)
Formation Cost
€1,000–€3,500Annual Compliance
€1,500–€5,000Office Space
€2,400–€12,000/year (virtual office to serviced office in Limassol or Nicosia)Cost by Structure
Private Company Limited by Shares (Ltd)
Minimum Capital€1 (no statutory minimum)
Annual Cost€1,500–€4,000
Setup Timeline5–10 business days
Public Company Limited by Shares (PLC)
Minimum Capital€25,629 (minimum issued capital)
Annual Cost€5,000–€15,000
Setup Timeline2–4 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.