Synthèse factuelle
In Cyprus, companies registered in Limassol are required to pay an annual government fee of €350 by June 30 each year. This fee is mandated by the Department of Registrar of Companies and Official Receiver and is necessary to maintain the company's good standing and legal registration. The annual fee covers administrative costs related to the maintenance of company records and is payable regardless of the company's trading status. Failure to pay this fee by the deadline may result in penalties, late fees, or even removal from the official register. Payment can be made online through the official government portal or by submitting the relevant payment forms directly to the Registrar's office. The requirement applies to all limited liability companies incorporated under the Cyprus Companies Law, Cap. 113. Official sources include the Department of Registrar of Companies and Official Receiver (https://www.mcit.gov.cy/en/companies).