Note 1: Please Note that “Virtual Office” services as described above is for work carried out upto 4 Hours Per Week. If more hours are necessary to complete works related to your company, the additional hours will be charged at 25 Euro/Hour.
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Package Deal for a Cypriot Company Formation:
€1700
Note 2: The Package deal includes a Cypriot Company Formation, Three Name Checks, 1st Year Nominee Director, 1st Year Nominee Secretary, 1st Year Nominee Shareholder, 1st Year Registered Office Address, Preparation of Articles of Association, 2 x Company Resolutions appointing Directors & Secretary, as well as, a Company Stamp.
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Banking Services:
Bank Account Opening (1st Account only)
€350
Bank of Cyprus
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Marfin Laiki Bank
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Hellenic Bank
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Alpha Bank
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I-Banking
€50
Acting as a bank account signatory
€350
Issue of Debit Card
€150
Issue of Credit Card
€150
Note 3: For Opening an Account with an international bank please contact us. Please note that a specific deposit amount might be requested by certain banks in order to open an account, issue a debit or credit card for clients.
Other Accounting Services carried out by a qualified Accountant
€90/Hour
Invoicing
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Tracing of Payment
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Reconciliation of Accounts with Bank Statements
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Forecasting
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P&L Accounts Preparation
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Balance Sheet Preparation
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Financial Report Preparation
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Cash Flow Statement Preparation
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Agreeing on Financial Statements with clients
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Offshore Company Formation (including 1st year registered agents fees):
Company Formation for BVI, Seychelles, Belize, Panama
€1400
Company Formation for Hong Kong
€2000
Company Formation for Mauritius
€1300
Company Formation for Luxembourg
€10,500
Company Formation for Guernsey
€2000
Registered Office Address including Government Fees (Annually)
€600
Nominee Director (Annually)
€300
Nominee Secretary (Annually)
€300
Nominee Shareholder (Annually)
€300
Notarisation of Documents (Per Document)
€80
Legalisation/Apostile of Documents (Per Document)
€100
Changes of Directors, Shareholders or Secretary (Per change)
€110
Cypriot/International Trust Formation:
Trust Formation (Once)
€2500
Provision of Trust Services (Annually)
€600
Other Services as a Trustee (Per Hour)
€120
Additional Notes To Price List:
Company Formation:
Registration fee includes the provision of Memorandum and Articles of Association, Certificates of registration, your own legal address, your own appointed director, secretary, and shareholder, 1st resolution appointing shareholders, directors and secretary, share certificates and company stamp.
Annually Charged Services:
Annually Charged Services will be payable in advance every year and must be prepaid for the first year at the registration. For subsequent years, these fees are paid annually in advance before the expiration of the prepaid period. In case these fees are not prepaid on time and according to our company’s invoices, we reserve the right to cease rendering any services to the company.
Professional Directors, Secretary and Shareholders:
“Alexandrou Corporate Services” provides full nominee structure for anonymity of ownership and management of the company in the interests of the beneficiaries. To this end, “Alexandrou Corporate Services” will appoint a company or a suitable employee to act as a professional director and /or nominee shareholder and/or nominee secretary of the company. The persons appointed may be changed at any time on client’s request. “Alexandrou Corporate Services” will not be liable for any costs incurred by the beneficiary or the Company as a result of any change in professional director, secretary or shareholder on client’s request.
Bank Account Opening Fee:
Bank Account Opening fee are charges for the provision of assistance to open a bank account including the preparation and filing with the bank of the required documents and liaising with the Bank and the client in relation to the due diligence required by the banks. “Alexandrou Corporate Services” does not guarantee the success of bank account opening. The bank account opening fees paid to our company are not refundable.
VAT Registration and Administration:
This fee applies where “Alexandrou Corporate Services” assists in registration of the company as VAT-payer, arranges VAT administration of the Company and/or acts as VAT agent.
Company Termination or Closure:
When a company termination or closure is required, the owner has the responsibility to inform “Alexandrou Corporate Services” before the Anniversary date of the company. All bookkeeping and audit (where applicable) must be done and paid up to date. Additionally, all outstanding invoices must be paid before closure of the company takes place. Closing fees range from 500-1500 Euro depending on Jurisdiction. In case of liquidation the fees will need to be agreed and paid in advance.
Important Notice:
“Alexandrou Corporate Services” reserves the right to amend all fees. All services and fees payable should be agreed in advance and in writing before any work commences. Payment of all invoices is due within two weeks of issue. Any outstanding amounts following the two weeks period may be subject to 8,5% annual interest surcharge.
