2026 Cyprus Tax Reform: Key Changes for Business Owners & Shareholders Essential Changes for Company Shareholders The 2026 Cyprus Tax Reform introduces significant changes for business owners and shareholders. While many changes are positive (lower dividend taxes, DDD abolition), there are also new compliance obligations and potential traps to avoid. [...]
2026 Cyprus Tax Reform: Key Changes for Companies Comprehensive Guide for Cyprus Tax Resident Companies This page covers changes affecting Cyprus tax resident companies only. If you are an individual shareholder, business owner, or director looking for information about dividends, deemed distributions, or personal taxation, please visit the Business Owners [...]
2026 Tax Reform: Key Changes for Employees On 22 December 2025, the Cyprus Parliament approved a comprehensive tax reform that reshaped the tax system effective from 1 January 2026. The reform was published in the Government Gazette on 31 December 2025. This page covers the key tax changes affecting Employees [...]
Cyprus Tax Reform 2026 Complete Guide to the Changes Effective 1 January 2026 On 22 December 2025, the Cyprus Parliament approved a comprehensive tax reform that reshapes the tax system effective from 1 January 2026. The reform was published in the Government Gazette on 31 December 2025. The reform amended [...]
Payment of 2nd provisional tax installment for 2025 We would like to remind you that the payment deadline for the 2nd and last provisional tax installment for the tax year 2025 is the 31st of January 2026. The timely payment of provisional tax can be made by firstly creating the [...]
Payment of 1st provisional tax installment for 2025 We would like to remind you that the payment deadline for the 1st provisional tax installment for the tax year 2025 is the 31st of August 2025. The timely payment of provisional tax can be made by firstly creating the provisional tax [...]
Settlement of Taxes Through Self-Assessment: Deadline 30 June 2025 We would like to remind you that 30 June 2025 is the final date for settling a number of mid-year tax obligations via self-assessment. What must be paid by 30 June 2025? Special Defence Contribution (SDC) on rental income (from property [...]
Ergani Employment Terms Reporting: Employer Obligations Legislative Framework and Compliance Requirements On December 20, 2024, the Minister of Labour and Social Insurance Services issued Decree ΚΔΠ 455/2024, officially published in the Government’s Official Gazette. This decree mandates that employers disclose essential employment terms in the “Ergani” Information System to [...]
TD7 Form Submission Through TFA: Key Updates TD7 Form Submission Transition to TFA The Tax Department has announced a major change in the submission process of the Employer’s Return (TD7). Previously an annual requirement, the TD7 form will now be submitted on a monthly basis starting in 2025. This [...]
Cyprus Deemed Dividend Distribution: 2024 Tax Obligations Explained Cyprus tax resident companies are required to comply with the 2024 deemed dividend distribution provisions to avoid penalties and ensure tax compliance. Under these provisions, companies must declare at least 70% of their 2022 accounting profits by 31 December 2024. Any resulting [...]
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