Cyprus: The government has abolished the annual EUR 350 corporate levy as from 2024

Cyprus: The government has abolished the annual EUR 350 corporate levy as from 2024. Companies that already paid the fee for 2024 will be entitled to a refund. The corporate levy for 2011-2023 still is in effect.

On 21 February 2024, the Government announced a package of targeted supportive measures for the Cyprus economy. One of the measures was the abolition of the Annual Levy of €350 payable to the Registrar of Companies and Intellectual Property by all registered entities.

Source & Copyright: Registrar, GOV Cyprus. Release 24th February 2024

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