Month: October 2020

We would like to bring to your attention that according to the Cyprus Company Law, Cap. 113 all Cyprus Companies are subject to an annual government levy of € 350.00 payable by 31/12/2020. Non-payment of the annual government levy, will result in penalties and the de-registration (strike off) of the company from the registry of…

Pursuant to sections 104 and 105 of the Municipalities Law 111/1985, and a City Council’s decision dated 26 September 2019, the Limassol Municipality announced its decision to impose annual trade license fees on legal entities having their registered office address within the geographic boundaries of the Municipality as follows: For legal entities working independently, an…

We would like to inform you that in accordance with a Decree issued on 20 October 2020, the following deadlines are extended to 30 November 2020: Electronic submission of the 2019 personal income tax return by employees and pensioners (TD1 – Employee) whose gross income exceeds €19.500, and for the payment of their final tax…