M. Target Group hereby informs that as per the relevant announcement of the Department of Registrar of Companies and Intellectual Property, the deadline for payment of the 2021 Annual Levy for Cyprus companies has been further extended until 31 March 2022.

Payments performed after 31 March 2022 will be subject to the standard penalty charges, while non-payment may result in the deregistration from the Register of the Cyprus Registrar of Companies.

As always, M. Target Group specialists remain at your disposal should you require any further information, clarification or professional assistance.