The Department of Registrar of Companies announced that the Minister of Energy, Commerce and Industry, issued a decree on 21 of December 2021 according το Section 391(5)(b) Cap.113, by which, the deadline for payment of the Annual Levy by registered companies for the year 2021 is extended to March 31, 2022 with no additional charge.
Cyprus Tax Department, on November 22nd of 2021 informed the public that there will be an extension of the imposition of administrative fines for overdue submission of information with regards to the DAC6 Directive. Based on the announcement of the Tax Department the submission of disclosing information has been extended to 31st January of 2022.
We inform you that on December 1st, 2021, the British Virgin Islands Government will impose a late payment surcharge of 10% on the 2021 annual license fee of those first semester BVI legal entities (i.e. those incorporated between July and December) that fail to pay the annual license fee prior to the mentioned date.
