Unpaid Annual Levy and possible strike off

On 3 November 2022 the Department of Registrar of Companies and Intellectual Property (โ€œROCโ€) announced that it intends to proceed with the ๐๐ž๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ, ๐ข๐Ÿ ๐ญ๐ก๐ž๐ฒ ๐Ÿ๐š๐ข๐ฅ๐ž๐ ๐ญ๐จ ๐ฌ๐ž๐ญ๐ญ๐ฅ๐ž ๐ญ๐ก๐ž ๐ฉ๐š๐ฒ๐ฆ๐ž๐ง๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐š๐ง๐ง๐ฎ๐š๐ฅ ๐ฅ๐ž๐ฏ๐ฒ.

The ROC may remove a company from the register if the company fails to pay the annual fee provided for in Article 391 for a period of one year from the date on which it acquired the obligation to pay.

Specifically, those companies that have not paid the annual fee for any year for the period 2012-2021, will be published in the Official Gazette of the Republic and after the lapse of three months from the date of publication.

Important note: the failure to pay annual levy for the last year 2021 may cause the possible strike off, unless the reason to cancel or not proceed with the decision will be provided.

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