Cyprus Tax Calendar [2026]: All Filing Deadlines

Mar 27, 2026

Read time: 10 minutes

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

EVERY TAX DEADLINE YOU NEED TO

Corporate and self-employed taxpayers in Cyprus must meet multiple filing and payment deadlines throughout 2026, with penalties and interest charges for missed submissions. Key dates include: corporate tax returns due by 31 May; provisional tax payments quarterly; VAT returns monthly or quarterly depending on turnover; personal income tax by 28 February; and social insurance contributions regularly. Property income declarations and dividend distributions each have specific deadlines. Missing any deadline triggers automatic penalties plus interest, making a compliance calendar essential for all business types and income earners.

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 key Cyprus tax deadlines for 2026 are: 31 January (IR7 employer return), 31 March (TD4 corporate return), 30 April (annual company levy), 30 June (temporary tax first installment), 31 July (TD1 personal return), 1 August (temporary tax second installment), 30 September (revised temporary tax), and 31 December (temporary tax final installment).

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

Payment of the annual company levy (350 EUR per company)
Note: this deadline was previously June 30 but was moved. Verify with your accountant as dates can shift.

June 30

Submission of Temporary Tax assessment for the current year (first half)
Payment of first installment of Temporary Tax for 2026
Employer's declaration of deemed dividend distribution (TD623) for the previous year

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

September 30

Revised Temporary Tax assessment (if you want to adjust your estimate)

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:

By June 30, submit your estimated taxable income for the current year
Pay tax in three installments: June 30, August 1, and December 31
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 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

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.
Send records to your accountant monthly. Do not wait until deadline month to dump a year's worth of documents.
Keep a dedicated folder (physical or digital) for tax documents: invoices issued, invoices received, bank statements, contracts.
Review your temporary tax estimate in September. If your business is doing better than expected, revise upward to avoid the 10% penalty.
Budget for tax payments. Set aside 20% of gross revenue each month in a separate account for tax obligations.
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

Get expert guidance for your specific situation

For a step-by-step guide to the TaxisNet portal, see: TaxisNet Cyprus: login, registration and filing guide.

When is the deadline to file the personal income tax return in Cyprus in 2026?

For the 2025 tax year, individuals with employment income must file their IR1 tax return by 31 July 2026 if filing online through the Tax Department portal (TAXISnet). Self-employed individuals with turnover above 70,000 euros must file by 31 March 2026. These deadlines apply to Cyprus tax residents and can carry penalties if missed, so it is important to confirm the exact dates with the Tax Department before filing.

Is there a penalty for late filing in Cyprus?

Cyprus companies must submit their IR4 corporate tax return within 15 months after the end of the accounting period. For companies with a December year-end, the 2025 return must be filed by 31 March 2027. However, provisional tax payments are made during the year: the first instalment is due by 31 July and the second by 31 December of the same tax year in which profits arise.

When must Cyprus provisional tax payments be made?

Provisional tax for the current year must be paid in two equal instalments: the first by 31 July and the second by 31 December of that tax year. If you underestimate your provisional tax by more than 25% compared to the final assessed tax, a 10% additional charge applies. It is advisable to estimate provisionally at around 75-80% of expected final liability to avoid this surcharge.

What are the VAT filing deadlines for businesses in Cyprus?

VAT returns in Cyprus are filed quarterly, with the return and payment due by the 10th of the second month following the end of the quarter. For example, the Q1 return (January to March) is due by 10 May. Late filing incurs a penalty of 51 euros per return plus interest on any outstanding VAT. Annual VAT returns are available for businesses with turnover below 15,600 euros.

Is there a deadline for registering as a Cyprus tax resident and obtaining a Tax Identification Code?

You should apply for a Cyprus Tax Identification Code (TIC) as soon as you establish tax residency. There is no strict legal deadline for registration itself, but you need a TIC to file tax returns, open a bank account for business purposes and access the GESY healthcare system. Registration is done at the local Tax Department office and typically takes one to two weeks.

What happens if you miss a tax deadline in Cyprus?

Late filing of personal income tax incurs a fixed penalty of 100 euros. Late payment of tax due attracts interest currently set at around 1.75% per annum plus a 5% late payment surcharge on the outstanding amount. The Cyprus Tax Department generally issues reminders via TAXISnet, but responsibility for compliance rests with the taxpayer. Voluntary disclosure before an audit is always treated more favourably than non-compliance discovered by the authorities.