Registrar of Companies and Tax Department, 2026
What does a Cyprus company really cost?
The government side is small and published: €10 to approve the name, €165 to incorporate, €20 a year to file the annual return. Two things have changed and most guides have not caught up. The €350 annual levy was repealed from 2024 onwards, and corporate income tax rose to 15% on 1 January 2026. The professional side is where the money goes, and nobody publishes it, so tell us your plan and Cyprus firms will quote you.
€165
Registrar's fee for the company incorporation forms HE1, HE2, HE3 and HE5
How it works
- Tell us what the company will do, how big it will be and what you want quoted. Two minutes, no account.
- We pass your details to relevant Cyprus corporate service providers and audit firms, and to no one else.
- They come back with their own fees for your case. The government fees below are fixed either way.
Cyprus Company Cost is a free introduction service operated by Ellul Solutions Ltd; we pass your details to relevant Cyprus corporate service providers and audit firms who quote you directly. We may receive a fee from providers; you pay nothing and are under no obligation. We are not affiliated with the Department of Registrar of Companies and Intellectual Property, the Cyprus Tax Department or the Republic of Cyprus, we are not accountants, auditors or lawyers, and nothing here is tax, accounting or legal advice. Government fees are quoted from official sources on the updated date above.
Cyprus company: published government fees and rates, 2026
Last updated
Every charge a Cyprus company faces that an official source actually publishes, with the source. Professional fees are excluded, because neither the Registrar nor the Tax Department publishes them and an invented range would be worse than none.
Fees taken from the Department of Registrar of Companies and Intellectual Property's Forms and Fees schedule, its guidance pages and its published announcements, and tax rates from the Cyprus Tax Department and the Ministry of Finance, all read at source on 15 August 2026. The corporate rate is the one set by the Income Tax (Amending) Law N. 244(I)/2025 with effect from 1 January 2026. No figure is published here for incorporation agents, accountants, auditors or registered office providers, because no official source states one.
| Item | Charge | When it applies |
|---|---|---|
| Name approval or change of name | €10, and €10 online | Before incorporation, and on any later name change |
| Company incorporation forms HE1, HE2, HE3, HE5 | €165, and €165 online | On incorporation |
| Memorandum and Articles of Association | No fee | Filed with the incorporation forms under Cap. 113 |
| Annual return with financial statements, forms HE32 | €20, and €20 online | Every year, delivered within 28 days of the return's drafting date |
| Changes to registered office (HE2), directors and secretary (HE4), or transfer of shares (HE57) | €20 each | Whenever the particulars change |
| Beneficial ownership report for a legal entity | €3.50, and €3.50 online | Register of Beneficial Owners filings |
| Annual company levy | €0, repealed from 2024 onwards | Companies (Amendment) Law 2024, N.25(I)/2024, gazetted 15 March 2024. Levies for 2012 to 2023 remain payable |
| Income Tax Information Report under Law 138(I)/2024 | €20 submission fee | Companies in scope, for financial years commencing on or after 22 June 2024 |
| Corporate income tax | 15% of taxable profit | From 1 January 2026, under the Income Tax (Amending) Law N. 244(I)/2025 |
- Forming a Cyprus company costs €175 in Registrar fees: €10 to approve the name and €165 for the incorporation forms HE1, HE2, HE3 and HE5.
- Cyprus repealed the €350 annual company levy from 2024 onwards under the Companies (Amendment) Law 2024, N.25(I)/2024, although levies for the years 2012 to 2023 are still collected.
- Cyprus corporate income tax rose from 12.5% to 15% on 1 January 2026 under the Income Tax (Amending) Law N. 244(I)/2025.
Cite this page
“Cyprus company: published government fees and rates, 2026”, Cyprus Company Cost, https://cypruscompanycost.com/ (updated 2026-08-15). Fees taken from the Department of Registrar of Companies and Intellectual Property's Forms and Fees schedule, its guidance pages and its published announcements, and tax rates from the Cyprus Tax Department and the Ministry of Finance, all read at source on 15 August 2026. The corporate rate is the one set by the Income Tax (Amending) Law N. 244(I)/2025 with effect from 1 January 2026. No figure is published here for incorporation agents, accountants, auditors or registered office providers, because no official source states one.
Questions, answered directly
How much does it cost to set up a company in Cyprus?
€175 in government fees: €10 for name approval and €165 for the incorporation forms HE1, HE2, HE3 and HE5, filed with the Department of Registrar of Companies and Intellectual Property. Professional fees for whoever files them are separate and are not published by any official source.
What are the annual running costs of a Cyprus company?
In published government charges, €20 a year for the annual return, plus €20 per filing whenever directors, registered office or shareholdings change. There is no longer an annual levy. The real recurring cost is accounting and audit, which is set by your auditor, not by the state.
Is the Cyprus annual levy still in force?
No. The €350 annual company levy was repealed from 2024 onwards by the Companies (Amendment) Law 2024, N.25(I)/2024, published in the Official Gazette on 15 March 2024. Levies for 2012 to 2023 are still collected, with a 10% surcharge after two months and 30% after five.
What is the Cyprus corporate tax rate?
15% from 1 January 2026, raised from 12.5% by the Income Tax (Amending) Law N. 244(I)/2025. Profit on the sale of securities remains wholly exempt, and 80% of qualifying intellectual property profit remains exempt under the nexus approach.
When does a Cyprus company have to register for VAT?
When the value of taxable transactions in the preceding 12 months exceeds €15,600, or will exceed it in the next 30 days. A separate €10,251.61 threshold applies to acquisitions from other EU member states. VAT registration requires a tax identification number first.
What substance does a Cyprus company need?
No Cyprus government source we could read publishes a substance checklist for ordinary companies: no minimum directors, office size or headcount. What the law does contain is the residence test, the arm's length principle, the general anti-abuse rule and transfer pricing documentation requirements. Treat substance packages as a commercial product and ask which specific rule each element answers.