Pursuant to sections 104 and 105 of the Municipalities
Law 111/1985, and a City Council's decision dated 26
September 2019, the Limassol Municipality announced its decision to
impose annual trade license fees on legal entities having their
registered office address within the geographic boundaries of the
Municipality as follows:
- For legal entities working independently, an annual fee
of €
- For legal entities in a group of companies, an annual fee
of € 85.00
- For inactive legal entities (dormant companies), an annual fee
of € 50.00
The annual trade license fees for the
year 2019-20 are payable
by 29th SEPTEMBER 2021,
and penalties are already applied. If the trade license fees
remain unpaid, the Company faces the risk of legal actions before
the court.
