Capital duty

Upon incorporation of a Cyprus company

Authorised share capital – €102,52 plus 0,6% on the authorised share capital

Issued share capital – There is no capital duty payable if the shares are issued at their nominal value. There is a €17,09 flat duty if the shares are issued at a premium

Upon subsequent increases

Authorised share capital – 0,6% on the additional share capital

Issued share capital – €17,09 flat duty on every issue, whether the shares are issued at nominal value or at a premium