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12° Nicosia,
22 July, 2024
 

Goodbye to annual fees for registered companies

Government axes annual fees for companies from 2024 onwards

Newsroom / CNA

The annual fee for companies registered with the Registrar of Companies will be abolished from 2024 onwards, but the annual fees for the years 2011 to 2023 will continue to apply, the Department of the Registrar of Companies said in a statement.

According to the amended law on companies which was published in the Official Gazette of the Republic of Cyprus on March 15, 2024, it notes, the annual fee for companies registered with the Registrar of Companies is abolished from 2024 onwards. “Annual fees for the years 2011 - 2023 continue to apply”, it adds.

The Department said that the companies that have already paid the 2024 annual fee, will receive a refund.

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Cyprus  |  business  |  companies  |  law  |  economy

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