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Measures Taken By The Registrar Of Companies To Assist Cyprus Companies

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In the context of the measures taken by the Government to support Companies / Businesses affected by the restrictive measures imposed to limit the spread of Coronavirus, the Department of Registrar of Companies and Official Receiver announces the following:

 

4th Companies' Compliance Campaign for Submission of Annual Reports Due

  • The publication in the Official Gazette of the Republic three months prior to the deregistration of non-compliant Companies is suspended until January 2021.

 

Payment of the Annual Levy of €350

  • The deadline of annual levy payment for 2020 is extended until 31 December 2020, without the additional charge of 10% and 30%.

 

Penalty on late submission of documents to the Department

  • In co-operation with the House of Representatives, the implementation of penalties on late submission of statutory forms to the Department will be postponed to 2021.

 

Submission of 2020 Annual Report to the Department

  • The Annual Report dated 01/01/2020 to 31/12/2020 may be submitted to the Department until 28/01/2021, without the charge of €20 on late submission.
  • Due to the adjustments that need to be made to the Registrar's system, it is recommended that the Companies intending to late submit the Annual Report 2020 now, should await a new announcement from the Registrar of Companies.

 

We are at your disposal for any clarifications you might need.

 

Contact persons

 

Leonidas Papadopoulos                          Pavlos Tsiaklides
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+357 22 100 192                                        +357 22 100 192
Head of Accounting                                    Head of Audit

 

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