HOME CONTACT US SITEMAP THE FIRM LEGAL ADMINISTRATIVE SERVICES EU FUNDING PEOPLE PUBLICATIONS NEWS HOME / NEWS / IMPOSITION OF FINES DUE TO LATE FILING OF THE BELOW NOTIFICATIONS IN RESPECT TO PARTNERSHIPS AND BUSINESS NAMES LAW (CAP.116) NEWS By Areas of Practice Corporate and Commercial Banking and Finance Intellectual Property Litigation and Dispute resolution Property Shipping Law Immigration Formation of Offshore Companies Formation of Cyprus Companies Company Management and Secretarial Services Accounting and Bookkeeping services Tax Planning EU Funding and National Grants Private Funds Cyprus International Trusts November 27, 2019 Imposition of fines due to late filing of the below notifications in respect to Partnerships and Business Names Law (CAP.116) As of 18th of December 2019, the Registrar of Companies shall impose an administrative fine in case of late filing of the below notifications with the Registrar of Companies. The administrative fine shall amount to €50 plus €1 every day onwards counting from the day the deadline was exceeded and shall not exceed the amount of €250 for each default. FOR PARTNERSHIPS: (1) Notification for change of the work place Notice of the situation of the work place, and of any change therein, shall be submitted within seven (7) days from the date of change. (2) Appointment, pause or amendment of the partner’s details Notice of the change shall be submitted within seven (7) days from the date thereof. FOR BUSINESS NAMES: (1) Notification for change of the work place Notice of the situation of the workplace, and of any change therein, shall be submitted within seven (7) days from the date of change. (2) Notification of the owner’s details Notice of the change of the owners’ details shall be submitted within seven (7) days from the date of change. Please contact us as soon as possible in order to ensure compliance with the above requirements and avoid any penalties. Practice Area(s): Company Management and Secretarial Services, Formation of Cyprus Companies, Corporate and Commercial Share with AddThis Sharing Buttons Share to Facebook Share to Twitter Share to Pinterest Share to Email Share to PrintFriendly Share to More Related News 27.08.2021 THE ALTERNATIVE INVESTMENT FUNDS LAW (2018) 09.03.2021 THE PREVENTION AND SUPPRESSION OF MONEY LAUNDERING AND TERRORIST FINANCING (AMENDED) LAW OF 2021 On 23rd of February 2021 has been published in the Official Gazette of the Republic the amendment of The Prevention and Suppression of Money Laundering and Terrorist Financing Law 188 (I) 2017 which implements ... 21.12.2020 EXTENSION OF THE INCOME TAX EXEMPTION OF 20% OR €8,550 FOR EMPLOYMENT IN CYPRUS On 15 December 2020, an amending law was published in the Gazette with respect to Article 8(21) of the Income Tax Legislation. The aim of the amendment is to expand the existing Legislation of attracting ... More News BACK TO NEWS LEGAL CORPORATE AND COMMERCIAL BANKING AND FINANCE INTELLECTUAL PROPERTY LITIGATION AND DISPUTE RESOLUTION PROPERTY SHIPPING LAW IMMIGRATION TAX PLANNING PRIVATE FUNDS CYPRUS INTERNATIONAL TRUSTS ADMINISTRATIVE SERVICES FORMATION OF OFFSHORE COMPANIES FORMATION OF CYPRUS COMPANIES COMPANY MANAGEMENT AND SECRETARIAL SERVICES ACCOUNTING AND BOOKKEEPING SERVICES EU FUNDING EU FUNDING AND NATIONAL GRANTS THE FIRM FIRM PROFILE ANDREAS SOFOCLEOUS GROUP OF COMPANIES AWARDS & RECOGNITIONS PEOPLE PUBLICATIONS NEWS CONTACT US AWARDS & RECOGNITIONS 2013 ACQUISITION INTERNATIONAL FINANCE AWARDS LEGAL500 2014 © 2018 ANDREAS M.SOFOCLEOUS & CO LLC / PRIVACY STATEMENT / DESIGN & DEVELOPMENT BY BDIGITAL / POWERED BY WEBSTUDIO