Cyprus Tax Calendar [2026]: All Filing Deadlines

Every Tax Deadline You Need to Know in Cyprus (2026)

Cyprus taxpayers face a handful of fixed dates each year. Companies file the corporate return (TD4) by 31 March and pay provisional tax in two instalments, on 1 August and 31 December. Individuals file the personal return (TD1) by 31 July. Employers submit the IR7 return of emoluments by 30 April and remit PAYE, social insurance and GESY by the end of the month following each payroll. VAT-registered businesses file quarterly, 40 days after each quarter ends. Late filing costs EUR 100 immediately plus EUR 200 for every further month, capped at EUR 17,000, and the system is automated.

This guide covers every important Cyprus tax filing deadline for 2026, what each obligation involves, what your accountant handles, and what you need to do yourself.

Source: PwC Cyprus Tax Facts 2026. All rates and deadlines current as of January 2026.

The Annual Tax Calendar

The Cyprus tax deadlines that matter in 2026 are: 31 March (TD4 corporate return for FY 2024), 30 April (IR7 employer return), 31 July (TD1 personal return for FY 2025), 1 August (first provisional tax instalment), 30 November (TD1 for self-employed with audited accounts), and 31 December (second provisional tax instalment plus the final revision of your estimate). VAT falls due on the 10th of the second month after each quarter, and payroll taxes at the end of the month following each payroll run.

January 31

• Submission of employer's return of employees' emoluments (IR7) for the previous year
• Payment of final PAYE (Pay As You Earn) balance for the previous year

March 31

• Deadline for corporate tax return (TD4) for the previous year (if filed electronically)
• This is the big one for companies. Your 2025 corporate tax return must be filed by March 31, 2026.

April 30

• Submission of the employer's return of employees' emoluments (IR7) for the previous year
• Note: the EUR 350 annual company levy that used to fall due around this date no longer exists. It was abolished by the Companies (Amendment) Law of 2024, with effect from 2024 onwards. Levies for the years 2011 to 2023 remain payable, with penalties, if they were never settled.

August 1

• Submission of the provisional tax assessment for the current year, and payment of the first of two instalments (50% of the estimated liability)
• Underestimating matters here: if your declared provisional income comes in below 75% of the final figure, a 10% surcharge applies to the difference
• Deemed dividend distribution (IR623) for the previous year, where profits arose before 1 January 2026. The DDD obligation is abolished for profits arising from 2026 onwards, so this filing disappears after the current cycle

July 31

• Deadline for personal income tax return (TD1) for the previous year (electronic filing)
• This is your personal tax return for 2025, due by July 31, 2026.
• Payment of personal income tax balance for the previous year

August 1

• Payment of second installment of Temporary Tax for 2026

November 30

• Personal income tax return (TD1) for self-employed individuals with turnover above EUR 70,000, who must file audited accounts

December 31

• Payment of final (third) installment of Temporary Tax for 2026
• Submission of special modes of taxation declarations

Corporate Tax Return (TD4): March 31

You must file your corporate tax return (TD4) electronically by March 31 of the year following the tax year. This is the critical deadline for all Cyprus Ltd company owners.

What is included:

• Company income and expenses
• Profit and loss statement
• Balance sheet
• Tax computation
• Any claims for deductions or credits
• Transfer pricing documentation (if applicable)

What your accountant does:

• Prepares financial statements
• Computes taxable income
• Claims all eligible deductions (notional interest deduction, IP box, etc.)
• Files the return through the TAXISnet system
• Calculates the final tax liability

What you need to do:

• Provide all financial records, bank statements, invoices, and expenses to your accountant in time (ideally by February)
• Review and approve the financial statements
• Ensure your company bank account has sufficient funds for the tax payment

Penalty for late filing: 100 EUR immediately, plus 200 EUR for every month of delay (up to a maximum of 17,000 EUR). Plus 5% interest on any unpaid tax.

Personal Income Tax Return (TD1): July 31

You must file a personal income tax return by July 31 if you are a tax resident of Cyprus with income from employment, self-employment, rental, or other sources.

Who must file:

• Anyone with gross income exceeding 22,000 EUR per year
• Self-employed individuals (regardless of income level)
• Directors of companies
• Individuals with rental income
• Anyone who wants to claim deductions or tax credits

What is included:

• Employment income (salary, benefits)
• Self-employment income
• Rental income
• Dividend and interest income
• Foreign income (if applicable)
• Deductions: social insurance contributions, GHS contributions, trade union fees, donations, life insurance premiums

What your accountant does:

• Prepares the personal tax computation
• Claims all eligible deductions
• Files through TAXISnet

What you need to do:

• Provide salary certificates, dividend vouchers, bank interest statements, rental income details
• Inform your accountant of any foreign income
• Review and approve before filing

Penalty for late filing: Same structure as corporate. 100 EUR plus 200 EUR per month of delay. Interest on unpaid tax at 5%.

Temporary Tax: The Quarterly Estimates

Temporary tax requires businesses and self-employed individuals to pay estimated tax on current-year income in quarterly installments. This advance payment system ensures tax obligations are met throughout the year rather than in one lump sum at year-end.

How it works:

1. By June 30, submit your estimated taxable income for the current year
2. Pay tax in three installments: June 30, August 1, and December 31
3. Each installment is roughly one-third of the estimated annual tax

If your estimate is too low: If your actual taxable income exceeds your estimate by more than 25%, you face a 10% penalty on the underpaid amount. This is important. It is better to overestimate and get a refund than to underestimate and face penalties.

If your estimate is too high: You get a credit that is applied against your next year's liability or refunded.

Your accountant will help you estimate based on the previous year's results and current-year projections. If your business is growing, make sure to adjust the estimate upward.

GHS (GeSY) Contributions

GHS contributions total 2.65% of gross income, capped at EUR 4,770 annually, and are mandatory for all Cyprus residents earning above the threshold regardless of tax residency status.

Employees: Contributions are deducted from salary automatically (2.65% employee, 2.90% employer).

Self-employed: Must declare income and pay 2.65% GHS contribution. Filing is done through the HIO system.

On dividends: 2.65% GHS is due on dividend income. This is declared as part of the annual income tax return process.

On rental income: 2.65% GHS on rental income.

On interest income: 2.65% GHS on interest income.

The GHS contribution ceiling is approximately 180,000 EUR of income per year. Income above this is not subject to GHS.

Special Defence Contribution (SDC)

SDC does not apply to Non-Dom individuals. SDC applies only to Cyprus tax residents who have not elected Non-Dom status. The rate is 0% for those qualifying under Non-Dom provisions, meaning Non-Doms pay no SDC on foreign-sourced income. Cyprus tax residents without Non-Dom status may face SDC obligations depending on their income level and composition.

• Dividends: 5% SDC
• Interest: 30% SDC
• Rental income: 3% SDC (on 75% of gross rent)

For Non-Dom residents, SDC is exempt on all three categories. This is one of the primary benefits of Non-Dom status.

SDC declarations are typically included in the annual tax return. Companies withhold SDC on deemed dividend distributions and must file the TD623 declaration by June 30.

VAT Obligations

VAT registration is mandatory if your annual turnover from taxable supplies exceeds EUR 15,600. Once registered, you must comply with monthly filing and payment deadlines, maintain detailed records of all transactions, and account for VAT on both supplies and acquisitions. Non-compliance carries penalties including interest on late payments and potential criminal liability for deliberate evasion.

Quarterly VAT returns: Due by the 10th day of the second month following the end of each quarter.

• Q1 (Jan-Mar): due May 10
• Q2 (Apr-Jun): due August 10
• Q3 (Jul-Sep): due November 10
• Q4 (Oct-Dec): due February 10 (of the following year)

Monthly VAT returns: Required if your turnover exceeds certain thresholds. Same principle, due by the 10th of the second month after each period.

VIES declarations: If you supply services to EU businesses, monthly VIES declarations are due by the 15th of the month following the supply.

Your accountant handles VAT returns, but you need to provide complete records of all sales and purchases with proper VAT invoices.

Annual Company Levy

Every registered company in Cyprus must pay an annual levy of EUR 350, regardless of whether it is active or dormant.

Penalty for non-payment: 10% surcharge plus the risk of being struck off the Register of Companies.

What Your Accountant Handles vs What You Do

Your accountant handles:

• Preparing and filing corporate tax returns
• Preparing and filing personal tax returns
• Computing temporary tax estimates
• Filing VAT returns
• Preparing financial statements
• Payroll processing and PAYE filings
• GHS declarations
• SDC declarations and deemed dividend calculations

You need to:

• Provide all financial records in a timely manner (bank statements, invoices, receipts)
• Review and approve financial statements before filing
• Ensure your bank account has sufficient funds for tax payments
• Inform your accountant of any significant income changes or new income sources
• Track your days in Cyprus if using the 60-day rule
• Pay the annual company levy
• Respond promptly to any queries from your accountant or the Tax Department

Penalties Summary

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• Late filing of income tax return: 100 EUR + 200 EUR per month (max 17,000 EUR)
• Late payment of tax: 5% annual interest on unpaid amount
• Underestimating temporary tax by more than 25%: 10% penalty on shortfall
• Late payment of company levy: 10% surcharge
• Late filing of VAT return: 50 EUR per return
• Non-registration for VAT when required: penalties up to 85 EUR per day

Practical Tips for Staying on Track

1. Set calendar reminders for all major deadlines with 2-week advance warnings on your phone calendar. for all major deadlines. Add them to your phone calendar with 2-week advance warnings.
2. Send records to your accountant monthly. Do not wait until deadline month to dump a year's worth of documents.
3. Keep a dedicated folder (physical or digital) for tax documents: invoices issued, invoices received, bank statements, contracts.
4. Review your temporary tax estimate in September. If your business is doing better than expected, revise upward to avoid the 10% penalty.
5. Budget for tax payments. Set aside 20% of gross revenue each month in a separate account for tax obligations.
6. Ask your accountant for a fee schedule that includes all routine filings. Some accountants charge per filing; others offer annual packages.

Important Note on Cyprus Tax Filing Deadline Changes

Cyprus Tax Department occasionally adjusts filing deadlines for electronic submissions. The corporate tax filing deadline was extended from March 31 to September 30 during COVID, though extensions are not guaranteed. Check official announcements for current deadlines.

Always confirm current deadlines with your accountant or check the official Tax Department website (mof.gov.cy/tax). This guide reflects the standard statutory deadlines as of 2026, but grace periods or extensions may apply.

Filing Your Cyprus Tax Return 2026: Getting Started

You must engage a qualified accountant early, not in March for corporate returns or July for personal returns. Starting preparation for your Cyprus tax return 2026 immediately ensures proper documentation and timely filing compliance.

A good accountant in Cyprus costs 3,000 to 5,000 EUR per year for a standard Ltd company package (financial statements, corporate tax return, personal tax return, payroll, VAT). This is a worthwhile investment that pays for itself through correct tax planning and penalty avoidance.

If you are setting up a company, our company formation guide explains the full process. Need professional help? Use our find an accountant service to connect with vetted professionals in Cyprus.

For a complete overview of rates, exemptions, and how the system works, visit our Cyprus tax overview page.

When to file taxes in Cyprus depends on your specific obligations, but the core deadlines are clear: March 31 for corporate, July 31 for personal, and quarterly for VAT. Mark them, prepare for them, and let your accountant handle the technical details.

Source: Cyprus Tax Department , Filing Deadlines

Related Guides

Cyprus Personal Income Tax 2026

Cyprus VAT Deadlines and Returns

Cyprus Social Insurance Payments

Cyprus GHS Contributions

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