Cypriot Companies: Extension of Annual Levy 2021

At the most recent Plenary session of the House of Representatives of the Republic of Cyprus yesterday, the House of Representatives has unanimously approved an amendment to the Companies Act (Cap. 113) in order to extend the deadline for the payment of the annual levy for the year 2021 for Cypriot companies until 31st December 2021.

In addition, the amending Law further gives the power to the Minister of Energy, Commerce and Industry to extend the deadline even further, with the issuing of the relevant Decree.

In accordance with the report accompanying the amending Bill, the aforesaid amendment was deemed necessary to combat the adverse financial consequences caused by the Coronavirus disease (COVID-19) pandemic to Cypriot companies.

Let us know how we may assist you with your company’s annual levy obligations.

ServPRO: Your Trusted Corporate Partner

ServPRO is an authorised ASP with established experience in handling corporate matters, ranging from company incorporation and preparation of essential corporate and legal documents, to complex corporate transactions and the establishment of Cyprus International Trusts.

Celebrating our 10 Year Anniversary!

We are celebrating our 10 Year Anniversary with a redesigned Company Profile, showcasing our achievements through our incredible journey, a brand new YouTube Channel with our Founder’s Message and an introduction into our team videos, as well as with a new webpage coming soon!

Thank you for being part of our journey.

Cyprus Profile

articles | 02 July 2021 | ServPRO