Cyprus tax deadlines 2026: the complete calendar

A Cyprus limited company runs on a fixed compliance calendar: quarterly VAT returns, monthly VIES statements if you sell B2B into the EU, two provisional tax instalments, the corporate income tax return, the HE32 annual return to the Registrar and monthly employer filings once you have payroll. This guide puts every date in one place, says who each one applies to, and prices what happens when you miss it. The 2026 tax reform moved several of them, so a checklist written in 2024 will steer you wrong.

What are a Cyprus company's annual requirements and deadlines?

Every Cyprus limited company has the same core set: file and pay VAT if registered, file VIES if it sells B2B into the EU, pay corporate tax twice during the year and settle the balance after, file an annual return with the Registrar, prepare audited or reviewed financial statements, and pay Social Insurance and PAYE monthly if it has staff. Some dates are fixed in the calendar, some depend on your own registrations.

Two of those run on your dates rather than the state's: VAT quarters are set when you register, and the HE32 runs from your company's own made-up date.

When is the quarterly VAT return due?

The VAT return and its payment are due by the 10th day of the second month after the end of the quarter, submitted through Tax For All. A quarter ending 30 June is due by 10 August. Every VAT-registered company files, whether or not it traded in the quarter; a nil return is still a return.

Late filing and late payment are charged separately. A late return costs €100 per return, unpaid VAT picks up an additional 10%, and interest runs at 3.5% a year for 2026 until the balance is settled. Filing on time while paying late still triggers the 10% and starts the interest clock. The box-by-box mechanics are in how to file a VAT return in Cyprus.

When is the monthly VIES statement due?

The VIES statement is due by the 15th of the following month, every month, and it is filed only through Tax For All. It applies to companies making B2B supplies of goods or services to VAT-registered customers in other EU member states. If all your customers are Cypriot or outside the EU, this row is not yours.

The common failure is not knowing the obligation started. One EU B2B invoice creates a monthly filing rhythm that keeps running even in months with no EU sales, because a nil statement is required until you deactivate with form TFA 02. A late statement costs €50, and a continuing failure is a criminal offence carrying a fine of up to €850 on top of it. VIES submissions explained covers what belongs on the statement and how it has to agree with your VAT return.

When are the two provisional tax instalments due?

You file the provisional tax estimate and pay the first instalment by 31 July, and pay the second by 31 December, which is also the last day the estimate can be revised. Every company expecting taxable profit for the year is in scope. From 2026 there is one relaxation: a company incorporated or starting to earn after 30 June files its estimate by 31 December and pays a single instalment then.

The expensive mistake here is underestimating, not paying late. If the income you declared turns out to be below 75% of the final figure, an extra 10% of the difference in tax is due, and filing no estimate at all means your provisional income counts as nil, so the 10% lands on the whole year's tax. An autumn look at actual profit against the summer estimate is worth real money for that reason. Provisional tax in Cyprus works through the estimate, the revision and the surcharge arithmetic.

When is the corporate income tax return due?

From tax year 2026 the corporate income tax return (TD4) is due by 31 January of the second year after the tax year, with the self-assessed balance payable the same day, so the 2026 return and its tax are due by 31 January 2028. Tax year 2025 keeps the old dates: return by 31 March 2027, balance by 1 August 2026. If your checklist still says 31 March for everything, it predates the reform.

Every Cyprus tax-resident company files, including dormant and loss-making ones, and the return cannot be completed before the financial statements are finished, which is why the two are really one project. Being late now has a price list: a late company return carries a fixed charge of €250, or €500 where turnover or assets exceed €1 million, and late-paid tax picks up a 5% charge, a further 5% after two months, plus interest at 3.5%.

When is the HE32 annual return due?

The HE32 is due within 28 days of its made-up date, once per calendar year. It goes to the Registrar of Companies rather than the Tax Department, and it applies to every registered company regardless of activity, turnover or profit. The first one is drafted once 18 months from incorporation have passed; after that the date is your company's own, which is exactly why founders forget it.

Late filing costs €50 plus €1 per further day, capped at €150 per return, on top of a €20 overdue-filing fee. The bigger risk is what persistent non-filing invites: prosecution of the company and its officers, and eventually involuntary strike-off. The HE32 annual return explains what the form contains and what has to be attached to it.

When are the financial statements due?

Financial statements have no standalone statutory date; they are due in time for the filings that depend on them, because the HE32 must be accompanied by the previous year's financial statements and the TD4 cannot be prepared without them. In practice they set the pace for the whole year-end.

Every Cyprus company prepares IFRS financial statements and submits them to a statutory auditor licensed under the Auditors Law. The smallest private companies may substitute a lighter review engagement where net turnover is at most €300,000 and gross assets at most €500,000, both for two consecutive years, a turnover limit raised from €200,000 in February 2026. Cyprus audit requirements covers which route your company falls into.

When are employer Social Insurance and PAYE due?

Employer filings run monthly from your first hire, a director on payroll included. Social Insurance, GeSY and the other employer funds are paid to the Social Insurance Services by the end of the calendar month following the month the contributions relate to. PAYE and the GHS you withhold from salaries follow the same rhythm: since January 2026 the monthly TD7 is filed and paid through Tax For All by the end of the following month, and the declaration has to go in before the payment because it is what creates the liability.

This is the deadline that punishes disorganisation most reliably, because it repeats twelve times a year and involves money as well as a form. Late payment of withheld tax carries a 1% surcharge per month, with interest on top after a further month.

Which one-off deadlines land in 2026?

A few dates this year sit outside the regular rhythm. The annual employer's return for 2025 is due through Tax For All by 30 September 2026, extended from the original 31 May. On the personal side, the 2025 income tax return (TD1) and its payment were extended by decree to 31 October 2026, still on TAXISnet.

The date that catches company owners off guard is 31 December 2026. The deemed-dividend regime was abolished for 2026 profits onwards, but it gets two final transitional rounds: 70% of a company's after-tax 2024 profits are deemed distributed on 31 December 2026, to the extent they belong to Cyprus-resident, Cyprus-domiciled shareholders, with 17% SDC declared and paid by 31 January 2027. Dividends actually paid out of those profits before year-end reduce the deemed amount euro for euro. The 2025 profits get the same treatment on 31 December 2027, and then the regime is gone.

What happens if you miss a Cyprus deadline?

Mostly you collect small fixed charges that stack: €100 per late VAT return, €50 per late VIES statement, up to €150 on the HE32, a 10% surcharge on unpaid VAT, interest at 3.5% running from each due date. None of them will sink a company on its own. The real cost surfaces later, when a bank, an investor or the auditor asks for clean books and finds a year of unfiled returns that now have to be reconstructed, with the penalties settled and the interest computed on top.

There is also a legal floor under how far behind the books themselves may fall: accounting records must be updated by the end of the fourth month after the month of the transaction. A company that leaves its bookkeeping to year-end has usually broken that rule long before any return falls due.

How does Sumly keep you ahead of the calendar?

By building each of these filings from books that are already current. Documents you drop in or email to your company's Sumly inbox are read and booked as they arrive, bank transactions match against them automatically, and the VAT return assembles itself box by box from those entries, with the VIES statement prepared from the same data and deadline reminders attached. Both provisional instalments are tracked against your live profit, and at year-end the auditor gets a clean pack to work from; the audit itself can be ordered in the dashboard from an independent partner auditor, who gets their own login to query your books. Sumly prepares the filings and a person submits them through Tax For All: you on the Base plan, your Sumly certified bookkeeper on Premium. Nothing is filed without review, and submitted periods lock so the numbers cannot change underneath you.

Questions founders actually ask

Frequently asked

Which Cyprus deadlines apply to a company with no activity?

A dormant company keeps the company-law side of the calendar in full: the HE32 annual return with financial statements still goes to the Registrar every calendar year, and the corporate tax return is still due even reporting nil. No dormancy exemption exists. What falls away is the activity-driven set: no VAT returns if the company is not VAT-registered, no VIES without EU B2B sales, no employer filings without payroll.

Are VAT returns monthly or quarterly in Cyprus?

Quarterly for most companies. Your three-month periods are assigned when you register for VAT, so not every company's quarters end in the same months; check your own registration rather than assuming calendar quarters. Each return and its payment are due by the 10th day of the second month after the quarter ends. Some businesses file monthly, usually because they are in a refund position and want the money back sooner.

Do the deadlines move when they fall on a weekend or public holiday?

Plan as if they do not. Practice varies by obligation and by the portal handling it, and a payment that lands the day after the deadline is late even where the filing itself went through. Filing and paying a few working days early costs nothing and removes the question.

Does Sumly file these returns for me?

Sumly prepares them from your live books and shows you what is due when. On the Base plan you review each return and submit it yourself through Tax For All; on Premium your Sumly certified bookkeeper submits it for you. The software itself never files anything with the government.

What is the most-missed deadline for new Cyprus companies?

The HE32 annual return. It has nothing to do with tax, so it sits outside whatever tax reminders you set up. It goes to the Registrar of Companies, runs on your company's own made-up date rather than a calendar date shared with everyone else, and falls due whether the company traded or not. Late filing costs up to €150 in penalties plus a €20 overdue-filing fee.

Which deadlines changed with the 2026 tax reform?

The corporate return and its balancing payment moved to 31 January of the second year after the tax year, starting with tax year 2026, so the 2026 return is due by 31 January 2028 while the 2025 return keeps 31 March 2027. Employers now file a monthly TD7 by the end of the following month as well as the annual one. Late-return penalties became fixed amounts, €250 for most companies, and the public interest rate for 2026 dropped to 3.5%.