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We would like to inform you about the new high penalties for late filing of the annual returns for 2020 and onwards which will be introduced by The Cyprus Registrar of Companies as from the 1st of April 2021.

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Cyprus is facing an emergency situation due to the fast spread of Covid-19. Based on the announcement of the Cyprus Government the country is in lockdown from Sunday 10 of January.

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Globalserve Consultants Ltd would like to remind you that for all the Cyprus companies, the 2020 levy of a €350 is payable until December 31st 2020, after the due date penalties will be applied.

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2023