As a proud partner of property owners across Cyprus, at Ezoria we are committed to ensuring your rental villas comply with all necessary regulations. While we handle many aspects of your property management, it’s crucial that property owners remain informed about their responsibilities, especially concerning the registration licence for self-service establishments. In this article, we will discuss the importance of obtaining a registration licence.Â
The Importance of a Registration Licence
The Deputy Ministry of Tourism mandates that all self-service establishments, including the villas managed by Ezoria, must be registered. This registration not only legitimises your property but also allows you to legally advertise and rent it out. Failure to maintain an up-to-date registration licence can result in significant penalties, including hefty fines or imprisonment.
The Renewal Process
As of 15 May 2024, the Deputy Ministry of Tourism has streamlined the renewal process for registration licences, making it more convenient for property owners. At Ezoria, we have created a thorough step-by-step guide to ensure you remain compliant as a Cyprus property owner:
Timeline for Renewal
The application for renewing your registration licence must be submitted within three months before your current licence expires. This proactive approach ensures continuity and avoids the complexities of late renewal. We cannot continue to market your property unless it is licensed!
Validity Period
Once renewed, your registration licence will be valid for five years. This extended period provides peace of mind and stability for your rental operations, ensuring you can maximise income.
Late Renewals
If you miss the renewal window, you will need to apply for a new registration. This process involves submitting all required documents afresh, and the new registration will only be valid for three years instead of five. Until your licence is granted we will be unable to rent out your property.
Registration Fee
The fee for renewing your registration licence is €222. It’s a small investment to ensure your property’s legal standing and operational continuity and as mentioned lasts for a five year period.
Online Platform
All applications for a self-service registration licence must be submitted through the Ministry’s online platform. This simplifies the process and reduces the need for physical paperwork.
Legal Implications
Operating a self-service establishment without a valid registration licence is a serious offence. The penalties implemented by the Cypriot authorities are severe and regularly include:
Imprisonment
Up to one year.
Fines
Up to €5000.
Continued Violations
Additional fines of €200 per day for ongoing violations after conviction.
Displaying Your Registration Number
Your registration number, obtained from the Ministry of Tourism following an application, must be clearly stated in all advertisements and promotional materials related to your property. This transparency not only complies with legal requirements but also builds trust with renters.
Applying for a Registration Licence
Applying for a registration licence for your self-service establishment in Cyprus involves several key steps. Firstly, ensure you have the following documents in electronic form:
- Title Deeds of Establishment and/or Building Permit or Town Planning Permit
- A recent Electricity Authority of Cyprus (EAC) bill for the establishment
- A photocopy of the identity card
- Passport, or recent certificate of incorporation if the operator is a legal entity
- A signed authorisation from the establishment’s proprietor to the operator if different from the proprietor.Â
Begin the Application-Solemn Declaration by clicking ‘Proceed’ on the Ministry’s online platform and upload the prepared documents as prompted. Once the application form is completed, print, sign, and, if applicable, seal it with the legal entity’s official seal. Convert the signed form into a PDF and upload it to the website, then finalise your application and click ‘Submit’. Following these steps ensures your establishment complies with all legal requirements.
For more information on applying or renewing a property registration licence in Cyprus, click this link.Â
Obligations of Operators
As a company offering property management services for villa owners in Cyprus, at Ezoria we must also follow the relevant legislation. As part of the ‘Registration licence for self-service establishments’ we must ensure that we have been granted a special operating licence and a registration number granted by the Deputy Ministry of Tourism. This licence enables us to take care of your property on your behalf, with the goal of maximising your income.
Summary
At Ezoria, we strive to make property management as easy as possible. However, ensuring your registration licence is up-to-date is a critical responsibility that rests with property owners. By following the outlined renewal process and making sure your licence is obtained, you can avoid legal complications and continue to benefit from the thriving rental market in Cyprus. Learn more about how to rent out a property in Cyprus with Ezoria.
For any assistance or further information regarding the renewal process, please do get in touch. We can work together to keep your rental operations smooth and compliant. Stay informed, stay compliant, and continue to enjoy the benefits of renting your property with Ezoria.
For more detailed information on the registration licences for self-service establishments, property owners can visit the Deputy Ministry of Tourism website or contact their team directly.
