Yearly cost of running a Cyprus Company

[orangekangaroo]

I would love to have some feedback from people that actually have a Cyprus company on how much the running of it all costs per year.

 

[erni]

Depending on what accounting firm / management firm you deal with and how your company is structured i.e. nominees, mail forwarding, real office etc. then the fee is like mine.

2500 euro to file dormant tax report for my non domestic company. and 1350 per annum for accounting, so there is renewal for company and service which is euro 1400

 

[charlescovington]

it can cost around 5-6k euro a year, but it also depends if your company is profitable or not.

 

[Dandyline]

charlescovington said:
it can cost around 5-6k euro a year, but it also depends if your company is profitable or not.
Click to expand...

Not to bad. 400-500 € per month, similar to any tier 1 european country for accounting only.

 

[proexper]

Service like Paddle, could help to reduce the accounting cost? or at the end, the paddle bite + accounting will be the same or even more?