How is a foreign pension taxed in Cyprus?

You can elect a flat 5% on the pension income above €5,000 per year (the first €5,000 is tax-free), or the normal progressive rates, whichever is lower, chosen each year.

Do I have to live in Cyprus all year to be tax resident?

No. Under the 60-day rule you can be Cyprus tax resident with as few as 60 days in Cyprus, provided you are not tax resident elsewhere, do not spend more than 183 days in any other single country, and you maintain a permanent home in Cyprus together with a Cyprus tie such as business, employment or an office.

As a non-dom, is my investment income taxed in Cyprus?

Non-domiciled residents are exempt from Special Defence Contribution on dividends and interest for up to 17 years. After that, individuals without a Cyprus domicile of origin can elect to pay a fixed €250,000 to extend the exemption for a further five years (up to two periods). We review your full situation.

Tax Calendar - 2026

End of each month

PAYE withheld from the previous month's salaries (TD61)
Tax withheld on payments to non-Cyprus tax residents (TD11)
SDC and GHS withheld on dividends and interest paid to Cyprus tax resident individuals in the previous month (TD603/TD602)
Social insurance and GHS contributions on the previous month's payroll
Electronic submission of the monthly employer's return (TD7) via the Tax For All (TFA) portal

31 January 2026

Payment of SDC and GHS on the deemed dividend distribution for 2023 profits (transitional) (TD623)

31 March 2026

Annual employer's return (TD7) for 2024, and the monthly TD7 returns for July–December 2025 (annual TD7 deadline moved from 28 February to 31 March)

31 May 2026

Annual employer's return (TD7) for 2025

30 June 2026

Payment of SDC and GHS on dividends and interest from sources outside Cyprus for the first six months of 2026 (self-assessment)

1 July 2026

Mandatory electronic rent payments begin; cash rent payments are no longer tax-deductible

31 July 2026

Submission of the 2026 provisional (temporary) tax return and payment of the first instalment (companies and self-employed)

1 August 2026

Payment of the 2025 final tax balance under self-assessment by companies and self-employed with audited accounts (transitional, from tax year 2026 this moves to 31 January of the second year following the tax year)

31 October 2026

Extended deadline for submission of the 2025 personal income tax return (TD1) and payment of the tax due

30 November 2026

Income tax return and SIT for tax year 2024 (companies and self-employed with audited accounts) - extended deadline

31 December 2026

Submission of the revised 2026 provisional tax return (if required) and payment of the second and final instalment
Payment of SDC and GHS on dividends and interest from sources outside Cyprus for the last six months of 2026

Rolling / transaction-based

VAT return and payment: by the 10th of the second month after the VAT period
VIES: by the 15th of the following month; Intrastat: by the 10th of the following month
Capital gains tax on disposals of Cyprus immovable property: within the statutory deadlines (stamp duty abolished from 1 January 2026)
Transfer pricing Local File: within 60 days of a Tax Department request
DAC6: 30-day reporting window; Country-by-Country reporting (groups ≥ €750m): notification by end of reporting fiscal year, report within 12 months

Filing threshold, retention and penalties

Individuals with gross income over €22,000 (raised from €19,500) must file a return.
Records must be retained for 6 years from the return's submission deadline.
Penalties (tiered from 2026): late filing €150 (gross income ≤ €1M) / €500 (> €1M); failure to maintain records or file TD7 €300 / €1,000; late payment 5%, plus an additional 5% if unpaid after two months.
Public default interest rate: 3.5% for 2026 (5.5% for 2025)