Annual Levy

All companies registered in Cyprus are subject to the annual levy payment of €350.  The last day of payment of the Annual Levy is the 30th June.

In the case where a company fails to comply with the obligation to pay the annual levy by the 30th of June, the following penalties will apply:

  • if the levy is paid between the 1st July and 30 August, then the amount due is €385.
  • If the levy is paid after 1st September, then the amount due is €490.

Please note that the Registrar of Companies may proceed to the strike-off of the companies that fail to fulfil their statutory obligation to pay the annual levy.

If you wish to pay the annual levy through KKP you can contact us not later than the 15th of June.