How much Cash Do I need, for registering a Cyprus Company?

[richardm1964]

We are a group of friends planning to open an Offshore Company in Cyprus to start Software business there. But we want to know complete information on "Cash" which is needed for registering a Cyprus Company?

 

[mneilson]

You need to pay an initial amount of $1975 as registration fee.

After that there‌ are some annual fee of $ 3340.

The details of fee divisions are given below.‍

Company secretary (required by law) costs, in Euro395-USD 525

Registered office (required by law) costs,⁠ in Euro395- USD 525.

Nominee directors (optional) (per nominee) costs, in Euro 395- USD 525.⁤

Nominee shareholders (optional) (per nominee) costs in Euro395.00-USD525.

Foreign nominee shareholder (optional) (per nominee) costs⁣ in

Euro795-USD120.

Foreign nominee Director (optional) (per Director) costs in Euro 795.00-USD 1.120.00

Please remember,⁢ the fees are subjects to last minute change.

Please check again before you pay.

 

[SysOp]

I admit with mneilson, in regards to the fees.


Please also note there are several different setup's of a company in Cyprus depending on your needs and estimated turnover.

 

[unknown]

I admit with mneilson, in regards to the fees.

Please also note there are several‌ different setup's of a company in Cyprus depending on your needs and estimated turnover.

 

[clemens]

Is it possible to have more than one shareholder? Can a mix of a nominee‌ shareholder and regular shareholder (looking at our group) be of any befit?

 

[richardm1964]

Hi Jpay,

I think it is possible to have more than one share‍ holder. There are distinct differences between nominee shareholder and regular shareholders. It depends what type⁠ of company you have formed and what were the terms and conditions that were submitted⁤ before the registering authority?