Registrar Announcement in Respect of the Levy Payment

According to The Cyprus Company Law, Cap. 113, all Companies are liable to pay their levy to the Registrar of Companies for each year commencing from 2011. The Registrar of Companies announced on 16/08/2016 that Companies that do not pay their levy, will be deleted (strike off) from the Registry on the basis of Article 327 of Cap. 113 . The reinstatement of the Company to the Registry can be effected only through Court Order.