12 May 2023 Annual Levy
Posted at 14:38h
in News
All companies registered in Cyprus have an obligation to pay a flat annual fee of three hundred and fifty euros to the Registrar of Companies by the 30 of June of each year of their operations.
If a company fails to pay the annual fee on time it is subject to a late penalty charge as follows:
- If it is paid within two and four months from the 30 of June the fee payable is increased to three hundred and eighty five euros
- If it is paid after five months from the 30 of June the fee payable is increased to four hundred and ninety euros