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Public Company Limited by Shares (PLC) formation costs in Cyprus

Government filing from $180 · annual maintenance from $0

Last verified: June 13, 2026

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Cost summary

State Filing

$180

one-time

Mandatory Annual Fee

$0

per year

First-Year Total

$3,300

incl. required services

Annual Ongoing

$4,385

from year 2

Cost Breakdown

Detailed breakdown of formation and ongoing costs

ItemTypeAmount
State filing fee (Registrar of Companies)One-time$200
Legal & Professional Formation FeesOne-time$1,800
Registered Office & Local SecretaryAnnual$1,000
Tax & VAT RegistrationOne-time$300
Annual Government LevyAnnual$385
Annual Accounting & Audit (Estimated)Annual$3,000
First year total$3,300
Annual ongoing$4,385

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Public Company Limited by Shares (PLC) cost FAQ

How much does it cost to form a Public Company Limited by Shares (PLC)?

The government filing fee starts at $180. Including required services, expect a first-year total of about $3,300.

What are the annual costs of a Public Company Limited by Shares (PLC)?

The mandatory state/annual fee starts at $0. With recurring services like a registered agent, total ongoing costs are about $4,385 per year.

How long does Public Company Limited by Shares (PLC) formation take?

Standard processing takes 5-10 business days. Expedited processing (1-3 business days for an extra $100) is available.

Is a registered address required in Cyprus?

Yes. Typical cost: €300 - €1,000 per year. Virtual offices are allowed.

Is there a minimum capital requirement for a Public Company Limited by Shares (PLC)?

Yes, the minimum capital is EUR 25,629. The minimum authorized and issued share capital is €25,629, which must be fully paid up before the company can commence business.

Can I form a Public Company Limited by Shares (PLC) remotely?

Yes, no local director is required. While not legally required, appointing a majority of Cyprus-resident directors is essential to establish local management and control for tax residency purposes.

Estimates based on guide data and typical market rates. Actual costs vary by provider and circumstances.