Payment of the 2018 Annual Levy (€350) by Cyprus registered companies
Reminder for the settlement of overdue tax liabilities by 3 July 2018
June 15, 2018Deadline for submission of income tax return of Employees and Self Employed individuals for the tax year 2017
June 25, 2018According to the Companies Law, all Cyprus registered companies irrespective of their year of registration are required to pay the Annual Levy of €350 to the Registrar of Companies by 30 June of each year.
The Annual Levy for 2018 is payable by 30 June 2018.
The Annual Levy increases as follows if not paid by the due date:
- From 1 July 2018 – 31 August 2018: €385
- From 1 September onwards: €490
It is worth noting that,
- For group of companies, the total annual levy payable is limited to €20.000 per annum.
- Companies that do not pay the Annual Levy may be deleted from the Register.
- Where a company is in the process of a voluntary liquidation or wind-up then the Annual Levy is not payable.
- Submission of documents for the voluntary winding up of a company will only be accepted by the Registrar of Companies if the company has already settled the payment of the Annual Levy for all the previous years.
- The Annual Levy is payable through the website of the Registrar of Companies after registration to the Government Gateway Portal (Ariadni).
For further help and assistance for the payment of the Annual Levy, please contact [email protected] .
Source: Deloitte Cyprus