New Administrative Fines to be imposed by the Cyprus Registrar of Companies

19th Nov 2019

As from 18 December 2019, the Cyprus Registrar of Companies will impose substantial administrative fines on companies failing to submit certain returns within the prescribed time-frames. These fines are up to EUR 500 for the late filing of an annual return enclosing a company’s corresponding audited financial statements, and up to  EUR 250 for the late filing of certain other returns. Please refer to our newsletter for more information.

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