Tuesday, 26 February 2013 08:32

Annual Government Levy – 2012 and 2013 Updates - February 2013

The recent amendments to the Cyprus Companies Law affect the provisions relating to the Annual Government Levy that was introduced back in 2011:

http://www.httaudit.com.cy/index.php/component/k2/item/34-fixed-annual-levy-on-companies

The changes introduced are:

  • From 2013 all Cyprus registered companies regardless their incorporation date are required to pay the Annual Government Levy of €350. The Levy is payable to the Registrar of Companies by 30 June of each year. For Companies incorporated after 30 June the Levy is payable upon incorporation.
  • All companies that were exempt based on the initial legislation from payment of the Annual Levy for 2012 are now required to pay the €350 retrospectively. Payment of the Annual Levy must be made by 29 March 2013.
  • Any company that does not wish to pay the annual levy for 2012 may apply for strike-off before 29 March 2013.

If you prefer HTT Audit to assume responsibility for this procedure and in order to meet the deadline of 29 March 2013 please contact us either by email or phone by 18 March 2013.

 

 

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