The Department of the Registrar of Companies and Intellectual Property has announced that, in December, it will commence the process of striking off companies from the Register pursuant to Article 327(2A)(b) of the Companies Law, Cap. 113. The process will apply to companies that have failed to pay the Annual Levy due under Article 391 of the Companies Law, Cap. 113, as amended by Law 25(I)/2024, for any year in which such levy was payable. 

Specifically, companies with unpaid Annual Levy obligations for any year between 2012 and 2023 will be published in the Official Gazette of the Republic for a period of three months, in accordance with Article 327(3)(c) of the Companies Law, Cap. 113. Following the expiry of this period, such companies will be struck off the Register unless sufficient cause is shown to the contrary. 

Recommended Action 

Clients are advised to review the status of their companies and ensure that any outstanding Annual Levy payments for the years 2012 to 2023 are settled promptly to avoid publication in the Official Gazette and subsequent deregistration. 

Should you require assistance in confirming any outstanding balances or arranging payment, please contact your usual Andersen Cyprus representative.