Deletion of registered companies due to non-payment of the Annual Levy

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 (2A) (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 levy 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 levy 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.