Areas of Practice
Abolition of the annual levy of EUR 350 payable by companies registered in Cyprus
4th Mar 2024
The obligation of all companies registered in Cyprus with the Department of Registrar of Companies and Intellectual Property to pay the annual levy of EUR 350, has been abolished. On 29 February 2024, the House of Representatives passed the Companies (Amendment) Law of 2024, deleting section 391 of the main legislation enacted in 2011 imposing the said annual levy.
However, companies registered in Cyprus are still liable for the payment of the annual levy for the years 2011 until 2023.
Related News
- Top ranking for our firm’s Private Wealth practice
- Our firm wins important cancellation/invalidity proceedings at EUIPO
- Our firm is named winner for ‘Services’ by IN Business Awards
- Top Tier ranking for our firm in Chambers Global Guide, 2024
- Our firm trains Customs on counterfeit goods identification
Talk to us
Our website will provide you with an overview of our services and the advice we provide. If you would like further information about how we can assist you, please contact us.
Call: +357 22 777000 | Email: info@chrysostomides.com.cy
.