Annual Levy for 2017nconstantinou
All Cyprus registered companies are required to pay the Annual Levy of €350 to the Registrar of Companies by 30 June of each year.
If the Annual levy is not paid by the due date, the following increases apply:
- From 1 July 2017 – 31 August 2017 €385 (total)
- From 1 September onwards €490 (total)
Companies that do not pay the Annual levy may be deleted from the Register
For group companies the total payable Annual Levy is limited to €20,000 per year
Where a company is in the process of a voluntary liquidation or wind-up then the Annual levy should not be paid. Submission of the documents for voluntary liquidation are accepted by the Registrar of Companies only if the company has already settled the payment of the Annual Levy for all previous years.
You can pay the Annual levy through the website of the Registrar of Companies or our office