3016 Limassol, Cyprus

41, Misiaouli & Kavazoglou Street, 2nd Floor, Office 201

+357 25 87 14 14

41, Misiaouli & Kavazoglou Street, 2nd Floor, Office 201

+357 96 63 66 26

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Important Announcement from the Registrar of Companies of Cyprus

As per the relevant announcement from the Registrar of Companies dated the 18th of December 2018, please be informed that the below charges will come in force on the 18th of December 2020 in case of late registration(s).

1. Transfer of Shares: Any transfer of shares of a private company with a share capital shall be notified to the Registrar of Companies within fourteen (14) days from the registration of this transfer.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

2. Change of director and secretary: The period within which the said notification of a change is to be sent shall be fourteen (14) days from the date thereof.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

3. Change of registered office: Notice of the location of the registered office, and of any change therein, shall be given within fourteen (14) days after the date of change.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

4. Allotment of shares: A company limited by shares or a company limited by guarantee and having a share capital and wishing to make any allotment of its shares, shall within one (1) month deliver to the registrar of companies the form reporting the allotment of shares for registration.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

5. Submission of the annual return: The annual return shall be submitted for registration within twenty eight (28) days from the date of its creation.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day for the first six (6) months and 2 Euro for each day after the infringement date with maximum amount 500 Euro.

Important Note: ** The deadline for submission of overdue HE32 annual returns will be extended and the new due dates will be announced from the Registrar of Companies **

1. Change of Work Place: Notice of the location of the work place, and of any change therein, shall be given within seven (7) days after the date of change.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

2. Appointment, pause or amendment of the partner’s details: The period within which the said notification of a change is to be sent shall be seven (7) days from the date thereof.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

3. Submission of the annual return: The annual return shall be submitted for registration within twenty eight (28) days from the date of its creation.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day for the first six (6) months and 2 Euro for each day after the infringement date with maximum amount 500 Euro.

Important Note: ** The deadline for submission of overdue HE32 annual returns will be extended and the new due dates will be announced from the Registrar of Companies **

Change of Work Place: Notice of the location of the work place, and of any change therein, shall be given within seven (7) days after the date of change.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

Change of the owner’s details: The period within which the said notification of a change is to be sent shall be seven (7) days from the date thereof.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro.

Change of Work Place: Notice of the location of the work place, and of any change therein, shall be given within one (1) month after the date of change.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro

Appointment, resignation or amendment of the details of its officers: The period within which the said notification of a change is to be sent shall be fourteen (14) days from the date thereof.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro

Appointment, resignation of the authorized person or amendment of their details: The period within which the said notification of a change is to be sent shall be fifteen (15) days from the date thereof.

  • Penalty fees for late submission: 50 Euro once off and 1 Euro charge per day with maximum amount 250 Euro

We remain at your disposal should you require any further information or clarifications regarding these updates.

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