Annual Compliance Services
Comprehensive Corporate Compliance Solutions
Maintaining compliance with Cyprus laws and regulations is essential for the proper functioning of your company. Failure to comply with statutory obligations can result in penalties, fines, and even the striking off of your company from the registry.
Our annual compliance services ensure that your company meets all statutory requirements, deadlines, and filing obligations, allowing you to focus on your core business activities while we handle the administrative and regulatory aspects of your company.
Our Annual Compliance Services
Annual Return Filing
Preparation and submission of the annual return to the Registrar of Companies.
Financial Statements Preparation
Preparation of financial statements in accordance with International Financial Reporting Standards (IFRS).
Tax Returns
Preparation and filing of corporate income tax returns, VAT returns, and other tax-related documents.
Annual General Meeting
Organizing and documenting the mandatory Annual General Meeting (AGM) of shareholders.
Statutory Audits
Coordination of statutory audits as required by Cyprus law for companies.
Registered Office Services
Provision of a registered office address and handling of official correspondence.
Non-Compliance Consequences
Failing to meet compliance requirements in Cyprus can result in:
- Monetary penalties and fines
- Striking off from the Registry of Companies
- Personal liability for directors
- Damage to company reputation and credibility
- Difficulties with bank accounts and business relationships
Key Compliance Deadlines
Understanding and meeting statutory deadlines is crucial for maintaining your company's good standing with Cypriot authorities:
Submission of Annual Return (HE32)
Within 42 days from the company's annual reference date (usually the anniversary of incorporation).
Financial Statements Preparation
Within 18 months from incorporation for the first set of financial statements, and annually thereafter.
Filing Audited Financial Statements
Within 12 months from the end of the financial year.
Corporate Tax Return Submission
Electronically by March 31st of the year following the tax year. Tax payment is due by August 1st.
VAT Returns
Quarterly, within 40 days from the end of each quarter.
Annual General Meeting
At least one AGM must be held each calendar year, and the first AGM must be held within 18 months of incorporation.
Compliance Calendar Management
Our proactive approach to compliance management includes:
- Personalized Compliance Calendar
We create and maintain a customized calendar for your company, tracking all important statutory deadlines.
- Timely Reminders
We provide advance notifications of upcoming deadlines and requirements to ensure sufficient preparation time.
- Document Management
We maintain organized records of all corporate documents, filings, and compliance submissions.
- Regulatory Updates
We keep you informed about relevant changes in legislation and regulatory requirements that may affect your company.
Hassle-Free Compliance
Our team of compliance experts takes the burden of regulatory and statutory requirements off your shoulders, ensuring your business stays fully compliant with Cyprus laws.
Annual Compliance Packages
We offer three comprehensive compliance packages to suit different business needs and requirements:
Basic Package
- Annual return filing
- Registered office address
- Compliance calendar
From €500 per year
Standard Package
- All Basic Package services
- Preparation of financial statements
- Tax return filing
- AGM organization and documentation
From €1,200 per year
Premium Package
- All Standard Package services
- Audit coordination
- VAT compliance
- Director and company secretary services
- Monthly bookkeeping
From €2,500 per year
Why Choose Our Compliance Services?
- Expert team with deep knowledge of Cyprus regulations
- Proactive approach to deadline management
- Tailored solutions for businesses of all sizes
- Digital document management system
- Regular compliance status updates
- Peace of mind for business owners