Cyprus tax deadlines 2026: the complete calendar

A Cyprus limited company runs on a fixed calendar. There are quarterly VAT returns, monthly VIES statements if you sell to businesses in other EU countries, two provisional tax instalments, the corporate tax return, the HE32 annual return to the Registrar, and monthly employer filings once anyone is on the payroll. This guide puts every date in one place, says who each one applies to, and tells you what missing it costs. 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. It files and pays VAT if it is registered, and files VIES if it sells to businesses elsewhere in the EU. It pays corporate tax twice during the year and settles the balance afterwards. It files an annual return with the Registrar and prepares audited or reviewed financial statements. And if it has staff, it pays Social Insurance and PAYE every month. Some dates are fixed in the calendar. Others depend on your own registrations.

Two of those run on your dates, not the state's. Your 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. You submit both through Tax For All, the Tax Department's online portal. A quarter ending 30 June is due by 10 August. Every VAT-registered company files, whether it traded in the quarter or not. 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 you pay in full. File on time but pay late, and you still owe the 10% and start the interest clock. For the box-by-box mechanics, read 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 you can only file it through Tax For All. VIES is the VAT Information Exchange System, the EU's record of sales between businesses in different member states. You file it if you supply goods or services to VAT-registered customers in other EU countries. If all your customers are in Cyprus or outside the EU, this one isn't yours.

Most companies that get it wrong didn't know the obligation had started. One invoice to an EU business starts a monthly filing 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. Keep failing to file and it becomes a criminal offence, with a fine of up to €850 on top. VIES submissions explained covers what goes on the statement and how it must agree with your VAT return.

When are the two provisional tax instalments due?

File the provisional tax estimate and pay the first instalment by 31 July. Pay the second by 31 December, which is also the last day you can revise the estimate. Provisional tax is corporate tax paid during the year on the profit you expect, and every company expecting a taxable profit pays it. 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, you owe an extra 10% of the difference in tax. File no estimate at all and your provisional income counts as nil, so the 10% lands on the whole year's tax. That's why it pays to check your actual profit against the summer estimate in the autumn. Provisional tax in Cyprus works through the estimate, the revision and the surcharge maths.

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, and you pay the self-assessed balance the same day. So the 2026 return and its tax are due by 31 January 2028. Tax year 2025 keeps the old dates: the return by 31 March 2027 and the balance by 1 August 2026. If your checklist still says 31 March for everything, it was written before the reform.

Every Cyprus tax-resident company files, dormant and loss-making ones included. You can't complete the return until the financial statements are finished, so treat the two as one project. Being late now has a price list. A late company return costs a fixed €250, or €500 where turnover or assets exceed €1 million. Tax paid late 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, not the Tax Department, and every registered company files it, whatever its activity, turnover or profit. The first one is drafted once 18 months have passed since incorporation. After that the date is your company's own, which is exactly why founders forget it.

Late filing costs €50 plus €1 for each further day, capped at €150 per return, on top of a €20 overdue-filing fee. The bigger risk is what happens if you keep not filing. The company and its officers can be prosecuted, and in the end the Registrar can strike the company off. The HE32 annual return explains what the form contains and what you attach to it.

When are the financial statements due?

They have no deadline of their own. 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 can't be prepared without them. In practice they set the pace for the whole year-end.

Every Cyprus company prepares financial statements under IFRS, the international accounting standards, and has them checked by a statutory auditor licensed under the Auditors Law. The smallest private companies can have a lighter review instead, where net turnover is at most €300,000 and gross assets at most €500,000, both for two consecutive years. The turnover limit went up from €200,000 in February 2026. Cyprus audit requirements covers which route your company takes.

When are employer Social Insurance and PAYE due?

Every month, from your first hire, and a director on payroll counts. You pay Social Insurance, GeSY (the General Healthcare System, or GHS) and the other employer funds to the Social Insurance Services by the end of the calendar month following the month the contributions relate to. PAYE, the income tax you withhold from salaries, follows the same rhythm, and so does the GHS you withhold. Since January 2026 the monthly TD7 is filed and paid through Tax For All by the end of the following month. File the declaration before you pay, because the declaration is what creates the amount you owe.

This is the deadline that punishes disorganisation most reliably. It comes round twelve times a year, and it involves money as well as a form. Withheld tax paid late carries a 1% surcharge per month, with interest on top after a further month.

Which one-off deadlines land in 2026?

Three dates this year sit outside the usual rhythm: 30 September, 31 October and 31 December. 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, a decree extended the 2025 income tax return (TD1) and its payment to 31 October 2026. That one is still filed on TAXISnet, not Tax For All.

31 December 2026 is the one that catches company owners off guard. Under the deemed-dividend rules, the law treated part of a company's profit as paid out to its shareholders, and taxed it, even if no dividend was paid. The rules are abolished for 2026 profits onwards, but they get two last 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. 17% SDC, the Special Defence Contribution, is then declared and paid on it by 31 January 2027. Dividends actually paid out of those profits before year-end cut the deemed amount euro for euro. 2025 profits get the same treatment on 31 December 2027, and then the rules are gone.

What happens if you miss a Cyprus deadline?

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

There is also a legal limit on how far behind the books themselves can 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 until year-end has usually broken that rule long before any return is due.

How does Sumly keep you ahead of the calendar?

It builds each filing from books that are already up to date. Drop a document in, or email it to your company's Sumly inbox, and Sumly reads and books it as it arrives. Bank transactions match against your documents automatically. The VAT return fills itself in box by box from those entries, the VIES statement comes from the same data, and both come with deadline reminders. Sumly tracks both provisional instalments against your live profit. At year-end your auditor gets a clean pack to work from. You can order the audit itself 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 Base, Sumly on Plus for VAT, VIES, payroll, provisional tax and the corporate return, and your Sumly certified bookkeeper on Premium. Nothing is filed without review, and submitted periods lock, so the numbers can't change underneath you.

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