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Annual Levy 2020

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Annual Levy for Companies

Deadline 31/12/2020


With reference to the above subject, we would like to remind you that all companies incorporated in Cyprus, irrespective of whether they are active or not, or have assets or not, are subject to a €350 levy per annum.

The last day of payment of the annual levy for the year 2020 is the 31st of December 2020. For a late payment of the 2020 Annual Levy, a penalty will be imposed from the Registrar of Companies. 

You can proceed with the payment of the annual levy online* through JCCsmart by clicking at:


* (Registration to JCC is required)


Otherwise, we can take over the payment of the Annual Levy on your behalf. The procedure that you need to follow is the following:

  1. Transfer the amount of €380 (€350 for the levy payment + €30 to cover our fees and bank charges) to our Clients' Account found below, by 30/10/2020:

CosmoCo Services Ltd (Clients A/C)

Bank of Cyprus Public Ltd

Account Number: 357003572612

IBAN: CY18002001950000357003572612

SwiftCode: BCYPCY2N


2. On the bank transaction details, indicate "Annual Levy" and your Company Name.

3. Send us a confirmation e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it. requesting the annual levy payment along with an attachment of the bank transfer confirmation, by 30/10/2020.


For those of you that have already paid the Annual Levy, please ignore this email.

Thank you!





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