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Striking-off of companies for non-payment of annual maintenance fees

On 15 December 2016 the Cyprus Registrar of Companies announced that companies which have not paid the annual fee prescribed by article 391 of the Companies Law Cap. 113 within one year of the due date will be deleted from the register in accordance with article 327 (2A) (b) of the Companies Law. The details of companies which have not paid the prescribed fee for 2015 and earlier years will be published in the official government gazette and deleted from the register three months later.