Tax Facts & Figures 2023 - Capital Duty

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There is no capital duty payable if the shares are issued at their nominal value. There is a €20 flat duty if the shares are issued at a premium...
Cyprus Corporate/Commercial Law
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Upon incorporation of a Cyprus company

Authorised share capital €105
Issued share capital There is no capital duty payable if the shares are issued at their nominal value. There is a €20 flat duty if the shares are issued at a premium


Upon subsequent increases

Authorised share capital Nil
Issued share capital €20 on every issue, whether the shares are issued at nominal value or at a premium


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