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Practical commentary on the legal developments that affect businesses and individuals in Cyprus.
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Company & Corporate Law
On 30 June 2022 the Parliament voted another amendment to the Cyprus Companies Law Cap. 113 according to which the deadline for the payment of the annual levy for the year 2022 is extended until December 31, 2022, without the imposition of any additional penalty.
Company & Corporate Law
The Registrar of Companies anounced on 21/12/2021 that the deadline for the payment of the annual levy for the year 2021 is extented till the 31st of March 2022. Note that in case of late filing the following penalties apply. 10% penalty when there is up to 2 months delay (up to 31/08): Total amount… Read More
Company & Corporate Law
Updated 09/03/2022 Every Cyprus incorporated company is obliged to pay a yearly annual fee to the government; this is called the Annual Levy. The Annual Levy is €350 for every company and is payable from the year of the company's inception. After the year of registration, the annual levy must be paid by the latest,… Read More
Company & Corporate Law
This is a reminder to our clients that they need to pay the annual levy 2020 for their company up to 31 December 2020. Normally the annual levy is payable every June, but this year the government granted an exension due to covid-19. Thus the annual levy can be paid up to 31st December 2020… Read More
Company & Corporate Law
Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2019. The settlement of the annual duty should ONLY be done through JCCSmart website through the following link: https://www.jccsmart.com/ For any questions please contact our law firm at office@lawyer.com.cy
Company & Corporate Law
The Registrar of Companies has resently sent out notices to all private companies that have not paid the annual levy in any year starting from 2012, 2013, 2014 or 2015, to do so in 3 months. Otherwise the Registrar will strike off the company from the register. You can check if your company owes annual levy… Read More
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