Guide
Cyprus company registration fees: what the Registrar actually charges
Updated
The government side of forming a Cyprus company is unusually cheap and completely published. Anything else you are quoted is professional fee, and should be itemised as such.
The published schedule
| Form | Purpose | Fee | Online fee |
|---|---|---|---|
| Name approval or change | Reserve or change the company name | €10 | €10 |
| HE1, HE2, HE3, HE5 | Company incorporation | €165 | €165 |
| HE2 | Update the registered office address | €20 | €20 |
| HE4 | Update directors and secretary | €20 | €20 |
| HE12 | Report an allotment of shares | €20 | €20 |
| HE14 | Increase authorised share capital | €20 | €20 |
| HE57 | Transfer of shares in a private company | €20 | €20 |
| HE32 series | File the annual return | €20 | €20 |
All of these are on the Registrar's own Forms and Fees pages (companies.gov.cy), read on the updated date above. The Memorandum and Articles of Association carry no fee.
What the Registrar does not price
- The person who does the filing. Incorporation agents, lawyers and corporate service providers set their own fees and the Registrar publishes none of them.
- Registered office and secretarial services, if you do not have your own address and officer in Cyprus.
- Accounting and audit, which is the recurring cost that dwarfs the €20 annual return fee.
- Bank account opening, priced by the bank and often the slowest part of the process.
We do not publish a typical range for any of these, because none is published by an official source and the spread between providers is wide enough that a made-up midpoint would mislead. Get two or three written quotes and compare what is bundled: many headline incorporation prices exclude the first year's audit.
Filing obligations from day one
The Registrar states that the directors are responsible for ensuring the preparation of a complete set of annual financial statements in accordance with International Financial Reporting Standards. Those statements must be presented to the general meeting no later than eighteen months after incorporation, and afterwards at least once per calendar year. The annual return is prepared up to the company's reference date and delivered to the Registrar together with the financial statements within twenty-eight days from its drafting date (companies.gov.cy).
Directors are also responsible for maintaining the accounting books and records on which those statements are based, explaining correctly and precisely all transactions and allowing the company's financial position to be assessed at any time. That obligation is separate from, and starts before, the first filing.