Do you know that companies registered in Cyprus shall pay an annual tax of € 350 by 30 June annually?
Failure to pay the fee in a timely manner will subject to penalities:
- Late payments made by August 2022 shall face a penalty of 10% plus the annual tax fee €385.
- Late payments from 1 September onwards shall face a penalty of 30% plus the annual tax €385.
- Failure to pay the annual fee can result in being striked off the company from the Register.
The annual levy fee is highly recommended to paid within 30 June 2022.
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