FEES PAYABLE TO THE CYPRUS REGISTRY



Registration fees


A. Fees for the examination of an application for registration of a vessel in the Register of Cyprus Ships. CYP15,00


B. (1) For ships other than passenger ships:-


(2) For passenger ships:


C. Fee for issue of Radio Station

License£:C£10,00

Annual fees for the operation of the station and renewal of the Radio License:C£10,00


D. Annual Tonnage Tax: calculated on the basis of the year of built of the vessel, as well as of her gross tonnage.

The resulting figure from the above calculation must then be multiplied by the corresponding rate based on the age of the vessel as shown below:-


Age of ship rate

For passenger ships the amount of tonnage tax is twice the amount payable by other vessels according to the above calculation.

The age of the ship is determined by deducting the year of build, as shown on the Certificate of Registry of the ship from the year of assessment of the tonnage tax.