We would like to kindly remind that in accordance with the Companies Law all registered entities in Cyprus are obliged to pay the Annual Registrar Fee of €350, payable until 30 June 2022.
Please be also reminded that late payment may result in the following penalties:
- 10% penalty when there is up to 2 months delay;
- 30% penalty when there is a delay between 2 to 5 months.
Non-payment of the annual levy to the Cyprus Registrar of companies will result in de-registration (which will not allow the company to submit documents or request any kind of certificates from the Registrar of companies).
The above is for informative purposes only. Further professional advice should be sought for each particular case. Our firm does not accept any responsibility for any loss or damage occurring by acting on the basis of this information.