Contact Us
Elena Chrysanthou
Senior Manager / Administration Services
Dir: +357 22 474850
Email: elena.chrysanthou@cpm.com.cy
Christina Avraam
Manager / Legal Administration Services
Dir: +357 22 474876
Email: Christina.Avraam@cpm.com.cy
Andri Pangalou
Manager / Legal Administration Services
Dir: +357 22 474842
Email: andri.pangalou@cpm.com.cy
Cyproman Services Ltd
12 Esperidon Street
4th Floor, 1087 Nicosia
Cyprus

Phone: +357 22 474000
Fax: +357 22 474808
Email: info@cpm.com.cy

Annual Special Levy of €350

All Cyprus registered companies (except those under the process of liquidation or winding up) are subject to Annual Special Levy of €350 and the deadline for its payment is 30 June. For companies which are registered from the 01/07/2014 until 30/06/2015, the Annual Fee for 2015 is payable by 30/06/2015.

Penalties

The following penalties will apply in case a company delays to pay the special annual levy but will proceed with payment within:

  • Two months from the due date, a penalty of 10%
  • Five months from the due date, an additional penalty of 30%

In case a company does not comply with the payment of the levy and any penalties might occur, the Cyprus Registrar of Companies without notification will strike off the company from its record in accordance with the provisions of the Cyprus Company Law.  Companies being struck off may be reinstated if within 2 years from the struck off the amount of €500 is paid or after the expiration of the two years the amount of €750 is paid.

Exemptions

A company is not obliged to pay the levy in the year of its incorporation or in respect of the year of its incorporation.

In the case of companies belonging to a group of companies, the total amount of levies to be paid by all the companies of the group shall not exceed €20.000.  Such amount shall be equally spread between all the companies of the relevant group. 

Payment

If you require further guidance or advice or you wish to proceed with payment kindly contact your CPM administrator.