Annual return for companies (HE32) & partnership (Σ5)

On the basis of the Companies (Amendment) Law 2024, N.18(I)/2024, which was published in the Official Gazette of the Republic on March 5 2024, the overdue filing of the annual return (where the reference date of the annual return is for the year 2021 and onwards) is subject to a late filing fee not exceeding the amount of fifty euros (€50) upon the first day of non-compliance and a further charge of one euro (€1) for every day the failure to comply continues, up to the maximum amount of one hundred fifty euros (€150).

It is noted that in the event of overdue filing of the annual return, in addition to the late filing penalty, an additional fee of twenty euros (€20) is imposed.

It is clarified that the late filing fee for the annual returns is valid from 01/06/2021. Therefore, it is not applicable for annual returns whose reference date is up to 31/05/2021.