Cyprus Tax Alert: First Provisional Tax Instalment for Tax Year 2026
The deadline for the payment of the first provisional tax instalment for tax year 2026 is 31 July 2026. Companies and individuals who expect to generate taxable income during 2026 should review their provisional tax position and arrange the relevant calculation and payment before the deadline. Who...
Extension of Deadline for 2025 Personal Income Tax Returns
The deadline for 2025 Personal Income Tax Returns has been extended following a Decree issued by the Council of Ministers on 12 June 2026 and published in the Official Gazette of the Republic. The extension applies not only to the submission of the Personal Income Tax...
Tax Reform in English: Material & Practical Examples from the Webinar | January 29 2026
The webinar “Tax Reform and Its Impact on Businesses and Individuals: A Practical Approach” has been successfully completed for the second time, focusing on the key changes coming into force on 1 January 2026 and their practical impact on everyday decision-making. During the webinar, participants gained...
Monthly and Annual Employer Income Tax Withholding Declarations
We would like to inform you that the Tax Department issued an announcement on 26 January 2026 regarding Monthly and Annual Employer Withholding Tax and Contributions Declarations, including updated filing deadlines. Employers who employ employees and/or officers (Directors/Secretaries) with remuneration without withholdings payable to the Tax...
Φορολογική Μεταρρύθμιση 2026: Υλικό & Πρακτικά Παραδείγματα από το Webinar | 15 Ιανουαρίου 2026
Ολοκληρώθηκε με επιτυχία το webinar «Η Φορολογική Μεταρρύθμιση και η επίδραση της σε επιχειρήσεις και φυσικά πρόσωπα: Μια Πρακτική Προσέγγιση», το οποίο επικεντρώθηκε στις βασικές αλλαγές που τίθενται σε ισχύ από την 1η Ιανουαρίου 2026 και στον ουσιαστικό τους αντίκτυπο στην καθημερινή λήψη αποφάσεων. Κατά τη...
Temporary Tax 2025 – Second Instalment
We would like to remind you that 31st December 2025 is the deadline for submitting the revised temporary tax assessment and for paying the second instalment of the temporary tax for 2025. Obligation to Pay Temporary Tax The following persons are required to submit the temporary tax...
Extension of the date of submission of the income tax return for 2024
The Council of Ministers has issued a new Decree, published on 20 June 2025 in the Official Gazette of Republic of Cyprus, granting an extension for the submission of personal income tax returns and the payment of the corresponding tax for tax year 2024. Who is...
The benefits of relocating to Cyprus
Constantinos Kounnis explains why recent tax and other changes have made Cyprus an attractive destination for individuals looking to relocate. Cyprus has become a fashionable relocation destination for high net worth individuals, experienced professionals and expatriates in recent years. This is not just because of the...