General Partnership formation costs in Cyprus
Government filing from $130 · annual maintenance from $0
Last verified: June 13, 2026
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Cost summary
State Filing
$130
one-time
Mandatory Annual Fee
$0
per year
First-Year Total
$2,680
incl. required services
Annual Ongoing
$1,600
from year 2
Cost Breakdown
Detailed breakdown of formation and ongoing costs
| Item | Type | Amount |
|---|---|---|
| State filing fee (Name approval & Registration) | One-time | $130 |
| Partnership Agreement drafting (Legal fees) | One-time | $800 |
| Registered Office / Agent | Annual | $400 |
| Tax Registration (TIN/VAT) | One-time | $150 |
| Accounting & Bookkeeping | Annual | $1,200 |
| First year total | $2,680 | |
| Annual ongoing | $1,600 | |
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General Partnership cost FAQ
How much does it cost to form a General Partnership?
The government filing fee starts at $130. Including required services, expect a first-year total of about $2,680.
What are the annual costs of a General Partnership?
The mandatory state/annual fee starts at $0. With recurring services like a registered agent, total ongoing costs are about $1,600 per year.
How long does General Partnership formation take?
Standard processing takes 7-10 business days. Expedited processing (3-6 business days for an extra $130) is available.
Is a registered address required in Cyprus?
Yes. Typical cost: $150 - $400 per year. Virtual offices are allowed.
Is there a minimum capital requirement for a General Partnership?
No, there is no minimum capital requirement. There is no statutory minimum capital requirement to establish a General Partnership in Cyprus.
Can I form a General Partnership remotely?
Yes, no local director is required. Partners manage the business directly. There is no requirement for partners to be Cyprus residents.
Related pages
Complete General Partnership formation guide
Taxes, requirements, banking, and step-by-step setup
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