ARTICLE
28 March 2024

Annulment Of The Annual Government Fee (Levy) 2024 And Onwards

Nasos A. Kyriakides & Partners LLC

Contributor

The firm was established in the year 2003 by the Managing Partner Mr. Nasos A. Kyriakides. Nasos A. Kyriakides & Partners Law firm has been committed to providing the highest standards of service with integrity. Over the past 20 years, a combination of professional skill and expertise and the support of our loyal long-term’ clients, has seen the firm grow in both reputation and size. This well-established Cyprus Law Firm specializes in the fields of Worldwide Company Incorporation, Corporate Services, Management & Administration, Mergers & Acquisitions, Litigation and Arbitration, International Tax Planning, Banking and Corporate Finance, International Trusts, Intellectual Property, Real Estate, Shipping, IPO Stock Exchange Listings and Energy Law
The Department of the Registrar of Companies and Intellectual Property of the Republic of Cyprus, announces that in accordance with the Companies (Amendment) Law 2024...
Cyprus Government, Public Sector
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Dear Associates,

The Department of the Registrar of Companies and Intellectual Property of the Republic of Cyprus, announces that in accordance with the Companies (Amendment) Law 2024, N.25(I)/2024, the annual government fee (Levy) of companies, is annulled from the year 2024 and onwards. However, please note that companies that have not paid the annual government fee (Levy) for the years 2011 – 2023, should pay the soonest.

According to the Amending Law 2024, Law 25(I)/2024, companies whose Levy for the year 2024 has already been paid, a refund of fees will be made as follows:

a. For online payments made through JCC, the excess amount will be refunded directly to the card used for payment without any further action by the applicant.

b. For payments made via the cash desk of the Department of the Registrar of Companies, the amount will be returned to the applicant's bank account after presenting to the cash desk the ΚΕ1 form, the proof of payment, together with the authorization form for payments from FIMAS, accompanied by a copy of the statement of the bank account to be credited, as described in the Authorization Form.

The form should be accompanied by this notice.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
28 March 2024

Annulment Of The Annual Government Fee (Levy) 2024 And Onwards

Cyprus Government, Public Sector

Contributor

The firm was established in the year 2003 by the Managing Partner Mr. Nasos A. Kyriakides. Nasos A. Kyriakides & Partners Law firm has been committed to providing the highest standards of service with integrity. Over the past 20 years, a combination of professional skill and expertise and the support of our loyal long-term’ clients, has seen the firm grow in both reputation and size. This well-established Cyprus Law Firm specializes in the fields of Worldwide Company Incorporation, Corporate Services, Management & Administration, Mergers & Acquisitions, Litigation and Arbitration, International Tax Planning, Banking and Corporate Finance, International Trusts, Intellectual Property, Real Estate, Shipping, IPO Stock Exchange Listings and Energy Law
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