Posts Tagged ‘Legal / Corporate’

Cross Border Conversion

The Cyprus Registrar of Companies clarified that as per the amending Cyprus Companies’ Law, which was published in the Official Gazette of the Republic of Cyprus on 15/3/2024, the legislation...

Announcement by Registrar for Abolition of Annual Levy

The Registrar announced on 21 March 2024 that the abolition will be with effect from 2024, therefore all levies up to and including 2023 are still due.

Annual Levy to be Abolished

The Council of Ministers of the Republic of Cyprus decided on 21 February 2024, to abolish the Annual Levy of €350 payable to the Registrar of Companies...

Limited Liability Shipping Company Introduced in Cyprus

The Limited Liability Shipping Company Law was approved by the Cyprus Parliament on 6 October 2022, enabling the formation of a Limited Liability Shipping Company.

Strike-Off of Companies with unpaid Annual Levies

With an announcement on 3 November 2022 the Cyprus Registrar of Companies has notified the intention to proceed with the strike-off of all companies with...

Limited Assurance Review Instead of Full Scope Audit

The Cyprus Parliament approved amendments to the Companies Law and to the Assessment and Collection of taxes law on 9 June 2022, in order to introduce the...

Extension of Deadline for Payment of Annual Levy for 2022

Based on a law voted by Cyprus Parliament on 30 June 2022, the deadline for payment of the Annual Levy for 2022 has been extended from 30 June 2022 to...

Reduction of Penalty for Late Submission of Annual Returns

Further to an amendment in the Companies’ Law, which came in to effect on 24 June 2022, the maximum of €500 for each default has been reduced temporarily to...

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