Guidance

Every company, registered in the Registrar of Companies, must pay an annual fee of three hundred and fifty euros (€350) by 30th of June of each year of its operation.

It is noted that, if a company fails to timely pay the annual fee it is subject to a late charge as follows:

• for payment within two (2) months from the 30^th of June (i.e. up until 31st August), the charge imposed equals to an additional ten percent (10%) on the original fee, thus making the total amount to be paid three hundred and eighty-five euros (€385);
• for payment within five (5) months from the 30^th June (i.e. up until 30th November), the charge imposed equals to an additional 30% on the original fee, thus making the total amount to be paid four hundred and ninety euros (€490).

Companies belonging to a group, for which the total payable fees do not exceed the sum of twenty thousand euros (€20.000), complete and submit the application for the payment of annual fee by allocating the sum amongst the companies in equal parts. 

It is must be noted that according to the Companies (Amendment) Law 2024, Ν.25(Ι)/2024, which was published in the Official Gazette of the Republic on March 15, 2024, the annual fee of companies registered in the Registrar of Companies, has been repealed from 2024 and onwards (see relevant announcement).

Methods of payment of the annual fee

You may proceed with the payment of your company's annual fee, via the following ways:

• The website of JCCSMART for payments relating to the years 2018-2023; 
• The e-service of the Registrar of Companies, following registration to Ariadne Government Gateway, for payments relating to the years 2012 - 2017 (including);
• By submitting to the Registrar of Companies the relevant Annual fee form by hand/post. 
• Remittance to the Central Bank of Cyprus Swift Code: (CBCYCY2NFBU) via TARGET 2 on credit to the General Government Account no. CY53001000010000000006001023 on behalf of the Registrar of Companies and Intellectual Property,
• Payment to the Cyprus Embassy of the applicant's country in the account (N.14.01.04.1.00.206) on behalf of the Registrar of Companies and  Intellectual Property.
  
  

Exemption from payment of annual fee

It is noted that a company that was registered prior to 14th August 1974, and had its registered office or place of business or all of their assets in an occupied or inaccessible area and that are no longer active and/or do not possess any other asset other than the assets located in areas which are not under the control of the Republic, is not obliged to pay an annual fee. Towards this end, form HE67 must be submitted by by hand/post.