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.
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.
In continuation of the meeting of the Social Insurance Fund on the 27th of October, it is announced that the increase in the “widow’s pension contribution”, which stands at 0.1% and was incorporated into the 0.6% rate, does not need to be taken into account.
