Tax in Cyprus 2026: Complete Guide for Individuals and Companies
Cyprus has a relatively compact tax system, but the headline rates only tell part of the story. An individual, a self-employed professional, a Cyprus company and an international group can all be subject to different combinations of income tax, corporate income tax, VAT, Special Defence Contribution, General Healthcare System contributions, Social Insurance and capital gains […]
Cyprus Corporate Tax in 2026: Rate, Taxable Profits, Exemptions and Filing Requirements
Cyprus corporate tax changed materially from 1 January 2026. The standard corporate income tax rate increased from 12.5% to 15%, the tax loss carry-forward period was extended, the company tax-residency rules were broadened and the filing timetable for the 2026 tax year changed. At the same time, several established features of the Cyprus tax system […]
Cyprus Companies at Risk of Strike-Off: 31 December 2026 Deadline for Overdue HE32 Annual Returns
Cyprus companies with overdue Annual Returns (HE32) and corresponding Financial Statements should review their filing position now. The Department of Registrar of Companies and Intellectual Property has granted an extension until 31 December 2026 following reminder letters sent to companies on 9 February 2026 regarding outstanding statutory filings. The Registrar has also made clear that, […]
Cyprus VAT for International Services: B2B, B2C and Reverse Charge Explained
International services are one of the areas where Cyprus VAT is most frequently misunderstood. A Cyprus company may invoice a customer abroad without charging Cyprus VAT, but that result can arise for very different reasons depending on whether the customer is a business or consumer, where the customer is established and whether a special place-of-supply […]
VIES Registration in Cyprus: A Guide for EU Transactions
VIES is an important part of VAT compliance for Cyprus businesses trading with VAT-registered counterparties in other EU Member States. It is not a separate tax and it is not a substitute for VAT registration; it is the EU information-exchange and reporting framework used to support the VAT treatment of specified intra-EU supplies. A business […]
VAT Registration in Cyprus: When Is It Mandatory and How Does It Work?
VAT registration is one of the first indirect-tax questions a Cyprus business should resolve before it begins issuing invoices. The answer is not determined only by turnover: the type of supply, where the customer is located, whether the customer is a business or a consumer, and whether the company buys or sells across EU borders […]
VAT in Cyprus: Rates, Registration, Returns and Business Requirements
Value Added Tax (VAT) is one of the main indirect taxes affecting businesses operating in or through Cyprus. For a Cyprus company, VAT is not determined simply by where the company is incorporated. The correct treatment depends on what the business supplies, where its customers and suppliers are located, whether those customers are businesses or […]
Cyprus UBO Register 2026: Annual Confirmation Deadline, Requirements & Penalties
The Cyprus Department of Registrar of Companies and Intellectual Property announced on 16 September 2026 that the annual confirmation period for the Beneficial Ownership Register will run from 1 October 2026 to 31 December 2026. Companies and other organisations within scope must confirm the information recorded in the system for their Beneficial Owners (BOs), Senior […]
Cezary Zieniuk to Join Free IMC Webinar on the New Geography of Global Mobility
On 23 September 2026, Cezary Zieniuk, Founder of IBCCS TAX and International Tax Advisor, will join an expert panel organised by the Investment Migration Council (IMC) for a free online webinar: The New Geography of Global Mobility: Where Demand, Policy and Opportunity Are Moving. The session will examine how international mobility is changing and what […]
Cyprus Extends 2025 Annual PAYE Return Deadline to 30 November 2026
The Cyprus Tax Department has announced a further extension to the filing deadline for the 2025 Annual Employer’s Return for Income Tax Withholding and Contributions (PAYE). The new deadline is 30 November 2026, replacing the previously announced deadline of 30 September 2026. The extension gives Cyprus employers additional time to complete their annual payroll reporting […]