Jan 5
The payment of the Levy of €350 will continue without any chargers says the Registrar of Companies for those Cyprus companies which are required to pay the new levy of of €350. Read more
The Cyprus Chamber of Commerce and Industry, the Cyprus Bar Association and on the Cyprus Registrar of Companies have issued announcements which iinform the public that the new levy of €350 on Cyprus Companies may be paid electronically through the website of the department of Registrar of Companies
It has come to my attention that several people , especially owners of small business, are wondering how the new levy will be paid and how the exemptions on the levy apply. In my previous post I have interpreted the law in it’s literal form (see this Wikipedia page) since my last post though guidance has been circulated by the Registrar of Companies and the Cyprus Bar Association as to:
The house of representatives has approved law 145(i)/2011 amending the Companies Law. The amending law comes to insert provisions in the Companies law, Chapter 113 of the Laws of the Republic of Cyprus, which allow and otherwise facilitate the electronic submission of documents for companies. Read more
The house of representatives has passed laws to combat the global economic crisis and to reduce the sovereign deficit of Cyprus.
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