Late filing penalty calculator
Don’t miss a deadline. The late filing penalty calculator assists applicants in estimating deadlines within which certain statutory forms need to be submitted at the Registrar of Companies as well as the relevant late filing penalty that needs to be paid when submitting them overdue.
In order to utilise the late filing penalty calculator:
- choose the type of business entity of your concern;
- choose the statutory form you are interested in submitting and for which a late filling penalty is applicable;
- enter the reference date as indicated;
- and enter the date of submission.
Important notes:
- Form Σ2
It is noted that in the case of submission of Σ2 form , the late filing fee is imposed only in the following cases:
I. appointment, resignation or changes in the partners particulars
II. changes of address in the place of business
- Form EE2
It is noted that, in the case of submission of EE2 form, the late filing fee is imposed only in the following cases:
(i) changes of address in the place of business of natural or legal person
(ii) changes in the particulars of the natural or legal person owner of the business name
- Annual return for companies (HE32) &partnership (Σ5)
On the basis of the Companies (Amendment) Law 2024, N.18(I)/2024, which was published in the Official Gazette of the Republic on March 5 2024, (see relevant announcement), the overdue filing of the annual return (where the reference date of the annual return is for the year 2021 and onwards) is subject to a late filing fee not exceeding the amount of fifty euros (€50) upon the first day of non-compliance and a further charge of one euro (€1) for every day the failure to comply continues, up to the maximum amount of one hundred fifty euros (€150).
It is noted that in the event of overdue filing of the annual return, in addition to the late filing penalty calculated below an additional fee of twenty euros (€20) is imposed.
It is clarified that the late filing fee for the annual returns is valid from 01/06/2021. Therefore, it is not applicable for annual returns whose reference date is up to 31/05/2021.
For more information, see relevant announcement of the Department.
- Allotment of shares ( form HE12)
The allotment of shares is submitted to the Registrar of Companies within one month from the allotment of shares date.
In the event that the notification cannot be submitted within the specified time limit of one month, the form must be submitted accompanied with a court order, extending the time of submission.
In the event that the notification cannot be submitted within the specified time limit of one (1) month, then the company must submit to the Registrar of companies a court order,
Therefore, in case of obtaining a court order for extending the time of submission, the late filing fee is imposed until the day submission of application to the court. For the purposes of correct calculation of the filing fee, the field 'Date of application to court' must be selected.
For example:
- Allotment date: 06/04/23
- Submission Deadline: 06/05/23
- Submission Date: 10/06/23
- Date of application to court: 10/05/23
- Late filing penalty fee:
- 07/05/2023: €50
- 08/05/23: €1
- 09/05/23: €1
- 10/05/23: €1
- Total penalty fee: €53
