Cyprus 2026 News + Timeline

Cyprus 2026 — every reform, every date, every article.

Chronological timeline of Cyprus reforms + EU regulations + regulatory milestones affecting founders + investors. Each milestone cross-links to the deep-dive articles.

— Chronological timeline

Eleven milestones — 2024 → 2029.

1 January 2026

Cyprus Tax Reform 2026 takes effect

The headline reform package effective 1 Jan 2026: Standard CIT raised from 12.5% to 15% (Law 244(I)/2025). Stamp Duty Law (Law 19/1963) fully repealed (Law 239(I)/2025). Additional 20% R&D deduction for qualifying 2025–2030 expenditure, subject to the IP Box asset exclusion. 7-year loss carry-forward (from 5). 8% income-tax rule introduced for qualifying crypto disposal gains. SDC on dividends for Cyprus-domiciliaries reduced from 17% to 5%. Non-Dom 17-year 0% SDC preserved. The separate 50% employment-income exemption may apply for up to 17 years where the remuneration and prior-residence conditions are met.

1 January 2026

EU DAC8 crypto-asset reporting commences

Directive (EU) 2023/2226 (DAC8) obliges EU Crypto-Asset Service Providers (CASPs) — including Cyprus-authorised CASPs — to collect + report customer transaction data to their home-state tax authority. First cross-border auto-exchange: 30 September 2027.

1 January 2026

EU Pillar Two GloBE rules apply to Cyprus MNEs

Cyprus's transposition under Law 165(I)/2024 applies the OECD GloBE Pillar Two minimum-tax rules to MNE groups with consolidated revenue ≥€750M. Cyprus's QDMTT (Qualified Domestic Minimum Top-up Tax) collects any top-up before other jurisdictions' IIR / UTPR.

Cyprus Pillar Two Impact 2026

Late 2024 — through 2026

Eurobank–Hellenic Bank merger completion

The Eurobank–Hellenic Bank transaction and subsequent integration may affect products, systems and onboarding processes. Applicants should check the bank's current entity, product terms and KYC requirements directly; non-resident corporate onboarding remains case-specific.

30 December 2024

MiCA CASP authorisation regime opens at CySEC

Cyprus CySEC opened CASP authorisation under MiCA (Regulation EU 2023/1114). Pre-existing VASP-registered providers operate under transitional rules until 1 July 2026 OR until a CASP decision (whichever sooner). New entrants apply for full CASP directly.

1 July 2026 (upcoming)

MiCA transitional regime ends — CASP authorisation mandatory

Pre-existing VASP-registered providers must transition to full CASP authorisation by 1 July 2026 OR receive a CASP decision. After this date, unauthorised crypto-asset services in Cyprus are illegal. Operators not yet in application need to submit by approximately end-Q1 2026 to leave realistic margin.

Cyprus CASP Licence under MiCA 2026

17 January 2025

EU DORA (Digital Operational Resilience Act) applies

EU Regulation 2022/2554 (DORA) applies to all CySEC-supervised firms from 17 Jan 2025. Requires ICT risk management, ICT-related incident reporting, ICT third-party risk management. Cyprus CIFs / CASPs / AIFMs must align governance + controls.

Cyprus CySEC Supervisory Regime 2026

Q1 2026 onwards

Cyprus 60-day rule + Non-Dom — uptake for ex-UK non-doms

Following the UK's April 2025 abolition of the historic non-domiciled regime + introduction of the 4-year FIG (Foreign Income & Gains) regime, large numbers of UK non-doms have relocated to Cyprus under the 60-day rule + Non-Dom regime (17-year 0% SDC) — Cyprus is the most-frequently-chosen EU destination for ex-UK non-doms.

30 September 2027 (upcoming)

DAC8 first cross-border auto-exchange

First DAC8 cross-border auto-exchange between EU member states for 2026 crypto-asset transactions. From 2027 onward, Cyprus CASPs' annual reports flow to EU member-state tax authorities of EU-resident customers. Cyprus Tax Department receives equivalent reports about Cyprus-resident customers using foreign-state EU CASPs.

Cyprus DAC8 Crypto Reporting 2026

Ongoing 2026

DAC6 mandatory disclosure continues

EU Directive 2018/822 (DAC6), transposed by Cyprus Law 41(I)/2021, requires intermediaries + taxpayers to disclose reportable cross-border tax arrangements within 30 days. Five hallmark categories (A-E). Cyprus continues to be one of the more active EU member states in DAC6 enforcement.

Cyprus DAC6 Mandatory Disclosure 2026

December 2029 (upcoming)

Cyprus tonnage tax EU State-Aid approval period ends

Cyprus's tonnage-tax regime under Merchant Shipping Law 44(I)/2010 is currently EU-State-Aid-approved until 31 December 2029. Renewal of the EU State-Aid framework expected; Cyprus will reapply for continued approval (historic precedent suggests renewal).

— EVERYTHING INCLUDED