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Cyprus ridiculous fees for strike off

#22
HavanaClub said:
I have received a calculation of fees from the secretary (IFBS) and it seems ridiculous. Could you tell me if its the market prices or its a typical situation with greedy secretary?

Annual fees for 16.01.2025-16.01.2026 – 1350 eur (okay)
Fine for late payment – 160 eur (okay)
UBO submission for 2025 – 350 eur (is it a average market price?)
Nill audit for 2024 – 940 eur (does not seem average market price for nil report)
Nill audit for 2025 – 940 eur (does not seem average market price for nil report)
Stike off – 4700 eur (dont know if its market price)
Tax clearance procedure – 4500 eur (what is this for?)
Annual fees for 16.01.2026-16.01.2027– 1350 eur (procedure for strike off lasts at least one year, okat can believe in this )
UBO submission for 2026 – 350 eur (is it a average market price?)
Certificate of strike off under apostille – 450 eur (questionable)
Dhl to EU – 200 eur (questionable)

Total: 15 290 EUR

Could someone explain how to get rid of the company for less? Should I leave it and not pay anything? These fees seem to be overinflated for all including - 1) striking off 2) nil audits 3) UBO submissions.
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I haven’t read what others have written, but typically I just let the company run its course and be dissolved on its own when I no longer need it. When the agent I’ve used keeps following up, I simply delete the email address and forget about it.

After some time, the company is gone.
 
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#23
uplana said:
I haven’t read what others have written, but typically I just let the company run its course and be dissolved on its own when I no longer need it. When the agent I’ve used keeps following up, I simply delete the email address and forget about it.

After some time, the company is gone.
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even with supposed tax obligations?
 
#24
Yes, but of course, this strategy won’t work if you're based in Cyprus. However, there's no need to worry if you live in another country. You could even go a step further and have all correspondence sent to a private mailbox in a completely different jurisdiction, if you want to take extra precautions.

Just a hint, check out Mentor Group Gold if you want to learn more about this kind of setup for staying under the radar.
 
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#25
uplana said:
Yes, but of course, this strategy won’t work if you're based in Cyprus. However, there's no need to worry if you live in another country.
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You mean this strategy involves Cyprus, one of EU countries submitting you to a police wanted list :p ?

uplana said:
Just a hint, check out Mentor Group Gold if you want to learn more about this kind of setup for staying under the radar.
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Well thanks for the hint
 
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