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Company Compliance

Cyprus Company Strike-Off: Prepare Before Filing HE60

Resolve balances, creditors and registrations before applying to close an inactive company.

PA
Philippou Accounting & TaxEditorial publisher
3 min readPublished 26 September 2026

Quick answer

A company that ceased business or never traded may apply for voluntary strike-off using HE60, subject to the applicable requirements. Before filing, review assets, creditors, tax, social insurance and Registrar compliance. Strike-off is not a shortcut for unresolved insolvency or a guarantee that debts and liabilities disappear.

Key takeaways

  • An application is not the same as completed dissolution.
  • Resolve assets and liabilities before choosing the closure route.
  • Keep filing and publication evidence through completion.

Check whether strike-off fits the facts

Prepare current accounts and identify all bank balances, receivables, property, investments, loans, guarantees and other obligations. Ask whether the company has genuinely ceased business and whether disputes or creditor issues remain.

If the company cannot meet its obligations or needs a formal distribution and winding-up process, obtain advice on the appropriate procedure. Do not use strike-off to hide assets from creditors or treat a director’s expectation that nobody will object as evidence of eligibility.

Clear the practical closure checklist

Reconcile tax and social-insurance positions, statutory filings and creditor balances. Deal with contracts, staff, licences and separate registrations. Recover receivables and resolve assets through properly documented transactions rather than leaving them unexplained.

For example, a company with no sales but €8,000 in its bank account and an outstanding director loan is not an empty file. Establish the lawful treatment of both balances and any tax consequences before presenting the closure position.

File and follow the process

The Registrar’s guidance identifies HE60 and a €20 application fee. Keep the submitted form, authority and payment evidence. The process includes publication and an objection period; filing the application does not immediately remove the company from the register.

Monitor notices and any objection or request for correction. Confirm the final register status and publication before describing the company as struck off. The statutory publication period is not a guaranteed end-to-end completion time for every application.

Preserve the final records

Record who retains the books, closure calculations, approvals and correspondence. Check the position of each tax or other registration separately rather than assuming the Registrar filing closes every account automatically.

The inactive-company guide explains obligations while the company remains registered. Use the annual-return checklist to identify outstanding company filings before application.

Frequently asked questions

No. The Registrar process, publication and any objections must be completed.

No. Outstanding obligations and the appropriate legal closure route must be addressed.

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Philippou Accounting & Tax

Editorial publisher

Philippou Accounting publishes practical Cyprus accounting and tax guides. Sources and substantive update dates accompany the articles. General information should be checked against the circumstances of each case; a named professional reviewer is identified only when that review has been confirmed.

This article is general information based on the Cyprus tax framework for 2026 and is not a substitute for tailored professional advice. Speak to us about your specific circumstances.

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