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Shipping Deputy Ministry COVID-19 measures – Date of Tonnage Tax Fee payment to be extended

As part of the various measures introduced by the Shipping Deputy Ministry (SDM) in order to alleviate the difficulties encountered by Shipping Companies due to the wide spread of the Coronavirus (COVID-19) outbreak and support Shipping Companies as much as possible, please be advised that the SDM has decided to extend the date of payment of the tonnage tax fee of Cyprus ships.

In this respect, a relevant Notification will be published in the Official Gazette of the Republic, informing all interested parties that the deadline for payment of the Tonnage Tax Fee for the tax year 2020, normally due by 31st March 2020, will be extended to 31st May 2020.