Index
A company’s calendar includes Registrar filings, beneficial-owner information, tax returns and payments, and VAT or payroll obligations where applicable. Financial statements generally require audit; eligible small private companies may use statutory review under section 152A. Personal tax returns belong to the individual and must be assessed separately.
Keep evidence of each submission, payment and approved extension. Late filing can carry financial and other consequences; use the specific filing rule rather than a single generic penalty.
The Registrar maintains the public register of Cyprus companies. Three filings are routine for every Ltd:
Under section 120, the return is made up by the company’s reference date and delivered within 28 days of its drafting date. The initial reference date is the day after 18 months from incorporation; subsequent reference dates depend on the statutory rules and earlier returns. For reference years 2021 onwards, the late filing charge is €50 plus €1 per day, capped at €150. Other enforcement powers remain separate.
New entities generally submit beneficial-owner information within 90 days of incorporation. Changes must be filed within 45 days from when the entity becomes aware of the change. Annual confirmation runs from 1 October to 31 December. The Registrar’s current administrative penalty is €100 plus €50 per day, capped at €5,000, without excluding other statutory liability.
Use HE2 for registered-office changes, HE4 for changes to directors or secretary, and HE12 for share allotments. These are different filings with their own deadlines and supporting documents. HE4 changes must be notified within 14 days; confirm the rules for the particular event before submission.
For tax year 2026 onwards, the standard corporate return deadline is 31 January of the second following year: the 2026 return is due on 31 January 2028. Earlier years have different rules and extensions; the Tax Department currently lists 30 November 2026 for the 2024 return. A return deadline is distinct from a tax-payment deadline.
Provisional tax instalments are ordinarily due on 31 July and 31 December. Review the estimate before the second instalment. Where estimated taxable income is below 75% of final taxable income, the additional 10% tax applies to the statutory difference between final and provisional tax, rather than to a generic “25% increase” in profits.
From tax year 2026, Article 5 of the Assessment and Collection of Taxes Law requires a return for persons with the income covered by that article, or Cyprus tax residents aged 25 to 70 at year-end regardless of income. The €22,000 tax-free band does not itself define the filing obligation. Individual returns move to Tax For All from tax year 2026. The published standard deadline for the 2026 individual return is 31 July 2027, subject to any subsequent extension.
Assess VAT registration, place of supply, exemptions, reverse charge and reporting for the actual transactions. Domestic taxable turnover and cross-border services can trigger different obligations. Voluntary registration is not automatically appropriate for every company.
Cyprus private companies generally require statutory audit. Eligible small private companies may use statutory review under section 152A, subject to the applicable financial-year thresholds, two-year test, group rules and regulated-entity exclusions. Dormancy alone does not remove these obligations.
Agree the audit or review scope and fees in writing. Eligibility for review must be checked for the relevant financial year, including turnover, assets, the two-year test and statutory exclusions.
Schedule preparation and approval of financial statements in time for the applicable company and tax filings. Do not equate the corporate tax return deadline with the date for every accounts obligation.
AML obligations depend on whether the business is an obliged entity and on the services it provides. Banks and professional providers will require customer due diligence; that does not mean every ordinary company has identical regulatory duties.
Keep beneficial-owner and customer records required for the actual business and engagement. Identify the competent supervisor, retention rules and reporting obligations with the responsible compliance professional.
Related-party transactions must be assessed under the arm’s-length rules. Local File, Master File, Summary Information Table and Country-by-Country Reporting have different scope conditions; they are not all required of every company with a related-party transaction.
Local File / SIT thresholds: From tax year 2026, Local File thresholds are €10 million for financing, €5 million for goods and €2.5 million for each other category, measured at arm’s-length value; SIT mandatory regardless of threshold for any controlled transaction. See our transfer-pricing service.
Groups potentially within the €750 million revenue threshold need a separate Pillar Two scope and effective-tax assessment, including the applicable multi-year revenue test, exclusions and implementation dates. A 15% headline corporate rate does not by itself settle top-up tax exposure.
For businesses outside Pillar Two, ordinary corporate tax and any valid reliefs still require their own computation. Do not treat IP Box eligibility or a 3% rate as automatic.
Corporate return deadlines — Tax Department.
Beneficial-owner filing periods — Registrar of Companies.
HE32 fees and late filing charges and Companies Law, sections 120 and 152A.
Individual return guidance — Tax Department. Check current notices before filing; this page is general planning information.
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