Cyprus company annual return and Registrar filings
How the Cyprus annual return works in 2026: the HE32 form, the 28-day filing rule, financial statements, late fees and why the €350 annual levy was abolished.
Every company registered under the Companies Law, Cap. 113, must keep its file at the Department of the Registrar of Companies and Intellectual Property up to date. The most regular of these obligations is the annual return, which records the company’s officers, shareholders and share capital at a fixed date each year and is filed with its financial statements.
The return is one of several continuing duties that begin as soon as a company is incorporated, as described in our guide on how to set up a company in Cyprus. This article explains the timetable and the fees, based on the guidance published by the Registrar as of October 2026.
Key takeaways
- A private company with share capital files its annual return online on form HE32I.
- The return must be filed within 28 days of the company’s annual return date.
- For a new company, the first return date falls 18 months after incorporation.
- The filing fee is €20, with late fees of up to €150 plus an additional €20.
- The €350 annual levy was repealed from 2024 onwards by Law 25(I)/2024.
What the annual return contains
The annual return is a snapshot of the company on its return date. It lists the registered office, the directors and secretary, the shareholders and their holdings, and the issued share capital. It is accompanied by the company’s financial statements and the related reports, which in Cyprus are generally audited.
The Registrar uses three versions of the form: HE32I for a private company with share capital, HE32Δ for a public company and HE32XK for a company without share capital. Since 2014, form HE32I can only be filed through the Registrar’s e-filing system, while the other two are filed by hand or by post.
When the return is due
The Registrar explains that, since 19 June 2015, each annual return must be made up to the company’s annual return date and filed within 28 days of that date. The return date is set as follows:
- for a new company, the day after 18 months have passed from incorporation;
- for an existing company, one year after the date of the last return filed.
A company incorporated on 6 January 2017, to use the Registrar’s own example, had to make up its first return to 7 July 2018. The Registrar publishes an Annual Return Date Calculator that shows the next due date for any company, which is a useful check before each filing season.
The return date can be moved to a later date by notifying the Registrar before the existing date passes. The new date may not be more than three months later and may not fall beyond the end of the calendar year.
Fees and late filing
| Item | Amount as of 2026 |
|---|
|—|—|
| Filing fee for form HE32 | €20 |
|---|---|
| Optional accelerated procedure | €20 extra |
| Late filing fee, first day | Up to €50 |
| Late filing fee, each further day | €1, capped at €150 in total |
| Additional fee on overdue filing | €20 |
| Annual levy | Repealed from 2024 |
The late filing regime was introduced by the Companies (Amendment) Law 2024, N.18(I)/2024, and applies to returns whose reference date falls in 2021 or later. The Registrar also offers a late filing penalty calculator on its website.
If you would prefer to hand the annual filing calendar to a team that tracks it for you, our corporate services page explains how we support Cyprus companies after incorporation.
The end of the annual levy
For many years every Cyprus company paid an annual levy of €350 by 30 June, with surcharges for late payment. The Registrar confirms that the levy was repealed from 2024 onwards by the Companies (Amendment) Law 2024, N.25(I)/2024. Levies relating to 2023 and earlier years remain payable if they were missed, so older companies should confirm that their history is clean before a sale, a restructuring or a strike-off.
Other filings that run alongside
The annual return is not the only filing a company must keep current. Changes of directors, secretary or registered office are notified separately, generally within 14 days, and the details of beneficial owners are kept in a distinct electronic register with its own annual confirmation. Our articles on registered office rules and on the beneficial ownership register confirmation cover these in more detail.
Tax filings are separate again. The corporate income tax return and provisional tax instalments are administered by the Tax Department rather than the Registrar, and are explained in our guide to corporate tax deadlines.
Why compliance matters
A company that falls behind with its returns risks more than late fees. The Registrar has powers to strike off companies that appear not to be operating, and banks, auditors and counterparties routinely request a recent certificate of good standing. Keeping the annual return current is therefore part of keeping the company usable for business.
If you would like to talk through how these rules might apply to your own circumstances, our team would be glad to help. You can call +357 979 42 388 or write to us through our contact page.
Frequently asked questions
When is my company’s first annual return due?
The first return is made up to the day after 18 months from incorporation and filed within 28 days of that date.
Do I still have to pay the €350 annual levy?
Not for 2024 onwards, as the levy was repealed. Unpaid levies for earlier years may still be due.
Can the return be filed on paper?
A private company with share capital files form HE32I online only. Public companies and companies without share capital file by hand or post.
Sources
- Registrar of Companies, When do I need to file an annual return, as of October 2026.
- Registrar of Companies, Forms for filing annual return, as of October 2026.
- Registrar of Companies, Payment of annual fee, as of October 2026.
This article is for general information only and does not constitute legal, tax or investment advice. Figures are stated as of 2026 and may change; confirm current requirements with the relevant authority and an independent adviser before acting. AT Express is a private consultancy and is not affiliated with any government or official programme.
Featured image: “Nicosia Ledra street afternoon Republic of Cyprus” by NicosiaKypros, via Wikimedia Commons, CC BY-SA 3.0.
Please note. This article is for general information only and reflects our understanding at the date of publication. Programme rules, thresholds and fees are set by each government and can change at short notice. It is not legal, tax or financial advice; please check the current position with us or the relevant authority before acting.
By the AT Express editorial team · Published 30 October 2026 · Updated 31 October 2026
