Cyprus continues to be regarded as a favorable destination for establishing and maintaining private companies, known for its efficiency and competitive cost structure. This article presents a detailed breakdown of the average costs involved in creating and maintaining a standard Private Company Limited by Shares (LTD) in Cyprus for 2025.
Company Formation Costs in Cyprus (2025)
Setting up a Private Company Limited by Shares (LTD) in Cyprus typically involves several obligatory steps, each with its associated costs. The main expenses include company registration fees, share capital, legal services, and stamp duty.
| Item | Amount (EUR) | Amount (USD) (1 EUR ≈ 1.08 USD) |
|---|---|---|
| Minimum share capital (no legal minimum, but typically used) |
€1,000 | $1,080 |
| Company registration fee (Registrar of Companies) |
€105 | $113 |
| Lawyer’s fee for drafting and filing incorporation documents (average) | €800 | $864 |
| Stamp duty on incorporation documents | €105 | $113 |
| Total (Excl. Share Capital) | €1,010 | $1,090 |
| Total (Incl. Typical Share Capital) | €2,010 | $2,170 |
Note: Although there is no legal minimum share capital, a standard figure of €1,000 is commonly used in Cyprus for LTDs. The share capital amount is usually deposited but does not represent an operational expense.
Annual Company Maintenance Costs in Cyprus
After incorporation, Cyprus companies face specific annual obligations to maintain good standing and compliance. The ongoing maintenance costs can vary according to company activity, especially in relation to accounting and audit fees. Below is a summary of the main recurring expenses:
| Item | Amount (EUR) | Amount (USD) (1 EUR ≈ 1.08 USD) |
|---|---|---|
| Annual levy (Registrar of Companies) |
€350 | $378 |
| Registered office & company secretary (annual, average) | €200 | $216 |
| Accounting & audit fees (minimum, for dormant or low-activity company) | €300 | $324 |
| Accounting & audit fees (active company, average) | €1,200 | $1,296 |
| Annual tax return filing (if outsourced, average) | €250 | $270 |
For 2025, the total annual maintenance costs for a Cyprus Ltd typically range from €850 ($918) to €2,000 ($2,160), depending largely on the company’s level of activity and chosen service provider.
Key Sources for Cyprus Company Costs
- Cyprus Registrar of Companies – Main Page
- Cyprus Profile – Establishing a Business
- Ministry of Energy, Commerce and Industry – Businesses in Cyprus
Pro Tips for Company Setup and Maintenance in Cyprus
- Engage a local legal professional to ensure all company documentation is prepared and filed accurately, minimizing costly delays or corrections.
- For companies with minimal or no activity, seek specialist providers offering lower audit and accounting fees tailored to “dormant” entities.
- Pay the annual levy to the Registrar on time each year to avoid penalties and maintain good standing with Cypriot authorities.
- Consider outsourcing annual tax return preparation, especially if your structure involves cross-border activities or multiple income streams.
Practical Considerations on Cyprus Company Costs
Cyprus stands out as a cost-effective jurisdiction for company establishment and maintenance in 2025, with moderate expenses and reliable administration. The most significant cost variables relate to legal services during setup and accounting fees during ongoing operations. Because the share capital requirement is flexible and can be kept low, regulatory financial barriers to entry are minimized. Timely compliance with annual obligations and proper budgeting for professional fees remain essential for long-term business stability in Cyprus.