Deletion Οf Registered Companies Due To Non-Payment
Of The Annual Fee

January 3, 2023 / English News

The Department of the Registrar of Companies and Intellectual Property announces that it intends to proceed with the deletion of the companies, in accordance with article 327 (2 A ) (b) of the Companies Law, Chapter 113.

The Registrar of Companies may delete a company from the register, in case of failure to pay by the company the annual fee provided for in article 391 for a period of one year, from the date it became payable.

Specifically, those companies that have not paid the Annual Fee for any year for the period 2012-2021, will be published in the Official Gazette of the Republic and after three months from the date of publication, the companies will be deleted from the register, according to Article 327(3)(c) of the Law on Companies, Chapter 113, unless in the meantime there is a reason to the contrary.

 

DEPARTMENT OF THE REGISTER OF COMPANIES AND INTELLECTUAL PROPERTY

Neoklis Epaminondou

Managing Director and Founder

Neoklis is the Managing Director and Founder of Epaminondou & Co Audit Services Ltd and Arlon Consultancy Ltd, bringing over two decades of experience in accounting, tax advisory, business consultancy, and relocation services. He is a licensed Audit Practitioner, an Approved Compliance Officer, a Payroll Specialist, and an ADIT student. Neoklis is renowned for delivering high-quality tax advisory services, alongside expert business analysis, risk assessment, and business relocation solutions.

In his advisory role, Neoklis has been instrumental in structuring M&A deals, conducting financial due diligence, preparing tax memos, and managing complex tax reporting for both local and international clients. He has also played a key role in assisting businesses with their relocation to Cyprus, leveraging the country’s attractive tax incentives as one of Europe’s leading business hubs.

Neoklis is a Fellow Chartered Certified Accountant (FCCA) and holds a Master’s in Finance and Investments from the University of Exeter. He is an active member of the Association of Chartered Certified Accountants (ACCA) and the Institute of Certified Public Accountants of Cyprus (ICPAC). Additionally, Neoklis is an honorary member of the Cyprus Payroll Association, an approved mediator, and an educational trainer. Recently, he obtained the Approved Compliance Officer Certificate (AML) from AICA and successfully passed the Cyprus tax paper as part of the ADIT Qualification.