Deadline Extension of Administrative Fines for Late Filings of Notifications to the Cyprus Company Registrar

Further to our article “New Cypriot Company Law Amendments” published on 13 March 2019 (read the full article), we would like to inform you that on the 06 December 2019, The House of Representatives decided to amend the relevant provisions of the Companies Law, (CAP 113), thus effectively extending the deadline, which was initially set for the 18 December 2019, for submission of HE32, HE4, HE57 and HE2 forms to the 18 April 2020.

The calculation of penalties will begin as of the 18 April 2020, and any filings done prior to that date will not be subjected to any penalties.

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The amending law, Law 149(I)/2019 was published in the Official Gazette of the Republic of Cyprus on the 16 December 2019.

In addition, due to the fact that the 18 of April 2020 is a Bank Holiday, the deadline is set on the 21 April 2020 in accordance with the Cypriot Law of Statutory Interpretation.