Cyprus deadlines and duties, explained plainly.
Every article answers the question first and explains it afterwards, with sources from the Cypriot authorities and a visible review date.
OperationsBookkeeping in arrears: the order to catch up in
If you are two years behind, you do not start with the first month. You start with the obligation whose breach becomes the most expensive.
OperationsForeign currency in Cyprus: exchange differences stay untaxed
The rule runs against instinct: an exchange gain does not raise the tax, and an exchange loss does not reduce it.
OperationsReading a profit and loss account without being an accountant
A P&L has twenty lines and four messages. Anyone who knows which four needs less than two minutes for the rest.
OperationsCapital allowances in Cyprus: fixed rates per asset
Unlike business expenses, there is nothing here to judge: the rates are fixed, and the category an asset falls into decides everything.
OperationsBusiness expenses in Cyprus: what is deductible
The rule is a single sentence, and almost everybody still fails on two items: the car and entertainment.
OperationsChanging accountant in Cyprus: what to get beforehand
The change itself is simple. It gets difficult in one place: the documents sit with the old accountant, and from the moment you give notice they have no reason to hurry.
OperationsLost receipt: what applies in Cyprus then
A missing receipt costs you not the expense but the deduction. At 15 percent corporate tax that is 15 cents in the euro.
PayrollCyprus social insurance: directors pay 16.6 percent
Two rates, and which applies is decided not by the activity but by whether a genuine employment contract exists.
PayrollCyprus GHS contributions: rates, ceiling and who pays
GHS is the contribution that turns up in places where nobody expects it, above all on the dividend.
TaxCyprus income tax for individuals: the bands since 2026
Two limits moved in 2026, and together they are worth several hundred euro to almost every individual. A different regime applies to companies.
PayrollGross to net in Cyprus: the calculation step by step
Three steps sit between gross and net in Cyprus. The middle one decides several hundred euro and is missing from most calculators.
ComparisonCyprus or Dubai: nine percent, but not for free
On the rate Dubai wins clearly. On licence and rent it loses, and below around €41,000 of profit that eats the advantage entirely.
ComparisonCyprus or Bulgaria: Bulgaria is cheaper
Anyone looking only at the rate picks Bulgaria. We have done the arithmetic and we write it down, even though we sell Cyprus software.
ComparisonCyprus or Estonia: it depends on the distribution
Estonia promises zero percent, and that is true as long as the money stays in the company. Take it out and you pay more than in Cyprus.
OperationsBank reconciliation for a Cyprus limited company
Bank reconciliation sounds like a formality and is the only exercise that finds missing receipts while they can still be traced.
OperationsCyprus monthly close: the checklist by deadline
In Cyprus the monthly close is not an exercise in diligence but the precondition for meeting three deadlines that run independently of each other.
OperationsBooking payment providers: the payout mistake
What arrives on the bank account is not the turnover. This single error of reasoning creates three problems in the books at once.
OperationsCyprus retention period: how long records have to be kept
The number six has stayed, the starting point has not. The same documents have had to stay on file considerably longer since 2026.
PayrollHiring your first employee in Cyprus: the order
One figure surprises almost everyone: on top of the agreed salary the employer pays another fifteen percent and more.
VATCyprus VAT refund: four months, then interest
A credit arises faster than many expect, and it often sits with the tax department for months because nobody files the claim.
VATOSS in Cyprus: digital services to EU consumers
Below the limit you charge 19 percent Cyprus VAT. Above it, the rate of every single country your customers sit in.
PayrollT.D.59 in Cyprus: the deductions added in 2026
The form looks like administration and decides whether the reform's new deductions reach you at all.
PayrollT.D.7 in Cyprus: the employer's return and its deadlines
Two filings carry the same name, run on different rhythms and are regularly confused with each other.
FormationCompany secretary in Cyprus: duty, tasks, limits
In Cyprus the company secretary is not an option but a precondition of incorporation. Who may take the role on themselves hangs on a condition many people miss.
ComplianceDormant company in Cyprus: what still falls due
Mothballing a Cyprus company and leaving it to lie is the most expensive way to get rid of it. The obligations run on until it is struck off.
ComplianceCyprus tax number: what the TIC is and how to apply
Two deadlines start on the day of incorporation, and neither is on anyone's mind, because at that point no business is running yet.
VATReverse charge in Cyprus: when the invoice goes out without VAT
Reverse charge means the person issuing the invoice does not account for the tax; the recipient does. Three different cases run under this name, and they are regularly confused.
TaxCyprus IP box: effectively 3 percent instead of 2.5
The IP box is advertised at 2.5 percent. That figure has been wrong since 1 January 2026, and few qualify for the full deduction anyway.
ComplianceTax For All in Cyprus: which portal applies to what
Cyprus runs two tax portals side by side, and which one is responsible depends not on the date but on the type of return.
TaxCyprus 50 percent exemption: three rules, not one
Three exemptions sit side by side in the Cyprus Income Tax Law, they are mutually exclusive, and the newest applies not to new arrivals but to returnees.
TaxCyprus inheritance tax: there is none, but there is a forced share
The tax really is nil. What many overlook is the rule next to it: in Cyprus a will may not freely dispose of three quarters of the estate at all.
VATVAT rates in Cyprus: 19, 9, 5, 3 and zero
Cyprus has five VAT rates. The zero rate on food sits in two different decrees that run for different lengths of time, and almost every overview throws them together.
TaxCyprus provisional tax: two dates, 75 percent
Provisional tax is an estimate you submit yourself. Estimate too low and you pay a surcharge, and it is calculated differently from what most people expect.
ComplianceHE32 in Cyprus: the annual return to the registrar
The HE32 is the filing nobody notices until the registrar wants to strike the company off. Two widely quoted figures about it are wrong.
ComplianceCyprus UBO register: confirmation by 31 December
Two figures about the UBO register are circulating wrongly, and one deadline is running right now while most overviews do not mention it at all.
TaxCrypto tax in Cyprus: 8 percent since 2026
Until 2025 Cyprus had no rule for crypto, only a case-by-case classification. Since 1 January 2026 there is a rate in the statute.
TaxCapital gains tax in Cyprus: 20 percent, new exemptions
Almost every overview still quotes €17,086 and €85,430. Both figures stopped applying on 1 January 2026.
VATVAT registration in Cyprus: the threshold is €15,600
One figure makes registration compulsory, three more apply in special cases, and a fifth is widely quoted although it appears nowhere in Cyprus law.
FormationShare capital of a Cyprus Limited: there is no minimum
One euro, a thousand, ten thousand: several figures circulate for the minimum capital of a Cyprus Limited. None of them appears in any rule.
CostA Cyprus limited company: what the first year costs, and every year after
The state charges 175 euros. Anyone actually running the company, and moving to Cyprus for it, is at around 5,000 euros in the first year, and the flat is not in that figure.
TaxCorporate tax in Cyprus: 15 percent, not 12.5
The figure 12.5 still sits in almost every guide, in Google's AI answer and on many advisory sites. It has been wrong since 1 January 2026.
Choosing a baseCyprus or Malta: what separates the two systems
Both countries advertise low rates, but they arrive there by entirely different routes, and the routes differ more than the rates do.
Taking money outSalary or dividend: what adds up in Cyprus
The calculation everyone repeats leaves out one item, and it is the largest: the social insurance of the shareholder-director, which falls due whichever route you take.
SubstanceShell company: what actually makes the difference
Shell company is not a legal term but an accusation. What actually counts sits elsewhere, and the EU rule everyone warns about has not existed since June 2025.
CyprusCost of living in Cyprus: what the figures actually say
Cyprus is cheaper than Germany overall, but not everywhere, and food of all things costs more. Here are the official figures instead of the crowd-sourced numbers quoted everywhere else.
LeavingGerman exit taxation: who it hits and when it falls due
Exit taxation taxes a sale that never happened. That is not an oversight by the legislator but the point of the rule, and it is exactly why it catches almost everyone out.
ResidenceRelocating to Cyprus: the order that actually matters
Most mistakes people make when moving are not arithmetic but sequencing: three things get treated as one, and they are applied for at three different offices.
Company formationSetting up a US LLC: cost, duties, and what Cyprus makes of it
A US LLC is registered in two days. It gets expensive at two points that no guide puts on its first page: the filing that comes back every year, and the question of where you run it from.
TaxThe Cyprus income tax return: who files the TD1, and how
The personal return in Cyprus is called the TD1, used to be called the IR1, and is filed through TAXISnet. Most of what goes wrong with it happens before the form opens: people are unsure whether they have to file at all.
StructureThe Cyprus holding company: what it does, and what breaks it
A Cyprus holding company is attractive for three reasons that have nothing to do with the headline rate. It is also the structure that fails most often, and always for the same reason: nobody built the substance.
TaxTaxes in Cyprus: which ones exist, what they cost and who files them
A Cyprus company and its owner meet six separate charges, each with its own deadline and its own authority. Here they are in one place, with the rates that apply from 1 January 2026.
TaxNon-Dom in Cyprus: What the Status Gives You and What It Does Not
Non-dom is sold as "0% on dividends". The status is real and substantial, but that figure is wrong: one contribution always remains, and it sits in a different statute.
Annual accountsAnnual Accounts in Cyprus: Who Is Audited and Who Only Needs a Review
Cyprus has no audit exemption for small companies. It has a substitute, a lighter engagement, and a definition of turnover that routinely pushes holding companies back out of it.
Company formationRegistering a Company in Cyprus: Fees, Deadlines and What Follows
Almost everything written about the cost of forming a Cyprus company comes from people who sell company formation. This page separates the official fees from the professional ones.
ResidenceThe Yellow Slip in Cyprus: Deadlines, Fee and What It Is Not
Three months, four months, no expiry date: three figures that get mixed up constantly. And it does not make you tax resident, however often that is claimed.
EU tradeThe EORI Number in Cyprus: Applying, Cost and What Changed in 2026
Anyone moving goods across the EU's external border needs an EORI number. It costs nothing, but the rules behind it changed fundamentally on 1 July 2026.
TaxTax Residency in Cyprus: 183 Days, 60 Days and Companies
Two routes lead an individual to Cyprus tax residency, and one of them got easier in 2026. For companies, the statute says something different from what you will read almost everywhere.
Self-employedSelf-Employed in Cyprus: Contributions, Tax and Deadlines
Anyone working for themselves in Cyprus pays contributions not on what they earned, but on an amount the law assigns to their occupation. That is the rule that surprises people most.
ComparisonWhich accounting software is best for Cyprus?
There is no single best one. There is one that fits your case, and the question that decides it is not the price.
ReformThe Cyprus tax reform: what changed on 1 January 2026
Six amending laws, gazetted on 31 December 2025 and in force since the next morning. If you are working from a 2025 guide, at least eight things in it are now wrong.
InvoicingWhat has to be on a Cyprus invoice
The mandatory fields are not in the VAT Law. They are in a regulation from 2001. Read it closely and two things that every guide claims turn out not to be required at all.
VATVAT return in Cyprus: periods, the 10th, and what late costs
Your quarter ends are assigned when you register, the return and the payment share one deadline, and a late return costs a fixed charge before any interest. Here is the whole mechanism.
VATVAT registration in Cyprus: the thresholds and the five rates
One threshold decides whether you must register, but four others catch businesses that are nowhere near it. And Cyprus has five VAT rates, not the three most guides list.
DeadlinesCyprus tax deadlines: every filing a company owes, and when
A Cyprus company owes filings in three rhythms (monthly, quarterly and once a year) to three different authorities through four different portals. Here is the whole map, with what the 2026 reform changed.
PayrollPayroll in Cyprus: contributions, caps and monthly deadlines
Gross salary is only part of the cost. Six separate contributions sit on top of it, three of them capped and one deliberately not, and they are due to two different authorities through two different portals.
EU tradeVIES return in Cyprus: who files, when, and how
Everything a Cyprus company needs about the monthly recapitulative statement: the deadline, nil returns, penalties, and how it differs from the quarterly VAT return.
Accounting that knows these deadlines
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