English (United Kingdom)

We inform you that on December 1st, 2021, the British Virgin Islands Government will impose a late payment surcharge of 10% on the 2021 annual license fee of those first semester BVI legal entities (i.e. those incorporated between July and December) that fail to pay the annual license fee prior to the mentioned date.

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According to the 1st Directive (ΚΔΠ 112/2021) for the operation of the Beneficial Owners Registry by the Registrar of Companies of Cyprus, all companies or other legal entities (Cooperatives) that were established before March 12, 2021 and each of their officials have the obligation to submit to the Registrar of Companies the information required for the Beneficial Owner no later than 12.3.2022.

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The Cyprus Registrar annouced the below related to the BOs registry:

• As from today the officials / partners of a legal entity may submit on the BO register the beneficial owner’s details on behalf of their legal entity

• As from today the submission of the beneficial owner’s details of a partnership is also possible via the creation of a partnership profile in Ariadni

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2022