Tax Alert · Personal Income Tax · TAXISnet 2025 Personal Income Tax Return: Submission and Payment by 31 October 2026 The Tax Department has opened the 2025 Personal Income Tax Return on TAXISnet. Individuals whose gross income for 2025 exceeds €19,500 must submit their return and settle any tax due [...]
Payment of 1st provisional tax installment for 2026 We would like to remind you that the payment deadline for the 1st provisional tax installment for the tax year 2026 is the 31st of August 2026. The timely payment of provisional tax can be made by firstly creating the provisional tax [...]
Tax Reform · Special Defence Contribution · Non-Dom Cyprus Non-Dom SDC Extension: The €250,000 Alternative Method (Article 3D) Circular 2/2026 explains the non-dom SDC extension: how a deemed-domiciled individual without a Cyprus domicile of origin can pay a fixed €250,000 for a five-year extension of the non-dom exemption from Special [...]
Income Tax · Brain Gain · Legislative Update Cyprus Brain Gain Initiative The new 25% income tax exemption under Article 8(21B), introduced by Law 17(I)/2026 as part of the "Minds in Cyprus" initiative. Retroactive from 1 January 2025. Key Parameters at a Glance Exemption rate: 25% of employment income or [...]
VAT Amendments on the Supply of Buildings and Renovation of Private Dwellings The Council of Ministers has issued two decrees — R.A.A. 102/2026 and R.A.A. 103/2026 — amending Schedules 5 and 8 of the VAT Law 95(I)/2000. The amendments introduce a new, unified definition of first occupation, replace the existing two-part [...]
Cyprus Tax Reform 2026: Crypto and Digital Assets The 2026 tax reform introduces Cyprus's first dedicated cryptocurrency taxation framework, providing legislative certainty for crypto investors, founders, and Web3 operators. This comprehensive guide covers the new 8% flat tax on crypto gains, share-based payment schemes, and essential compliance requirements. 🔑 Key [...]
2026 Cyprus Tax Reform: Key Changes for Property Owners & Landlords Essential Changes for Rental Property, Sales & Investments The 2026 Cyprus Tax Reform brings significant relief for property owners and landlords. Rental income is no longer double-taxed, stamp duty has been abolished, and CGT exemptions have been substantially increased. [...]
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 [...]
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