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All Cyprus companies regardless if they are dormant or not, have an obligation to prepare and file audited Financial Statements to both the Registrar of Companies and the Tax Authorities. Additionally, banks are requesting audited Financial Statements for 2022 and 2023. All companies to be up to date and in good standing should have submitted already Financial Statements up to 2021 and till 30/3/2024 they have to file Financial Statements 2022 and until 30/3/2025 Financial Statements of 2023. Therefore, please contact immediately Globalserve or your accountants to instruct them for the preparation.

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We would like to inform you about the new high penalties for late filing of the Annual Returns for 2023 and onwards which were introduced by The Cyprus Registrar of Companies as from the 1st of April 2021. The due date for the 2023 Annual Return is 26/01/2024.

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Notice to register details to the Cyprus Republic UBOs final Registry and imposition of penalties

Following the previous announcements of the Cyprus registrar with respect to the filing of the details of the Ultimate Beneficial Owners (UBOs) of the Cyprus companies, the Cyprus registrar has launched the new and final platform for the submission of the details of the UBOs.

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2023