Guidance

Strike off for default in payment of the annual fee

If a company omits to pay the annual fee for a period of up to one (1) year, from the date when this becomes payable, the Registrar of Companies publishes in the Official Gazette notice and sends to the registered office of the company a relevant letter by post, informing the company that after three (3) month from the date of publication, the name of the company will be struck off the companies register.

If the company fails to proceed with payment of the annual fee and of the relevant penalties, at the expiration of the period of three (3) months from the date of publication and, providing that no objection to the company’s strike off is filed, the company is struck off the companies register, the act is published in the Official Gazette of the Republic of Cyprus, and the status of the company on the register is updated.