An extension has been given on the payment of company annual levy of Cyprus registered companies.
An extension has been given on the payment of company annual levy of €350, payable to the Cyprus Company Registrar. The extension is active from the 30th of June to 31st of December and Cyprus companies are allowed to settle the amount without any additional charges.
Failure to meet the above deadline will result a 40% penalty on the annual levy fee – €490.
In addition, we remind you that a failure to settle the company annual levy may result a strike off from the Company Registry without any notification according to the law.
We remind you that in the case of strike off a company can be active again with the payment of €500 if maximum two years have passed since the strike off, and the amount of €750 in case more that two years have passed since the strike off of the entity.