Tax Update: New Deadlines for Income Tax Declarations for 2023 & 2022 in Cyprus

Dear Associates,

We would like to inform you that the Ministry of Finance is proposing an extension of the deadline for submitting Individual Income Declarations for the year 2023 to November 30, 2024. This extension also applies to the payment of any outstanding Taxes/Contributions that may arise based on the Declaration.

Additionally, for those required to submit a Summary Table of Controlled Transactions Information, the new deadlines are as follows:

  • Declaration for 2022: Extended until February 28, 2025
  • Declaration for 2023: Extended until November 30, 2025

How We Can Help

Contact us to ensure you remain informed and fully compliant with Cypriot tax regulations.

Contact Information

Tel. +357 22 340000

Email: [email protected]

The authors expressly disclaim all and any liability and responsibility to any person, entity, or corporation who acts or fails to act as a consequence of any reliance upon the whole or any part of the contents of this publication.

Accordingly, no person, entity, or corporation should act or rely upon any matter or information as contained or implied within this publication without first obtaining advice from an appropriately qualified professional person or firm of advisors, and ensuring that such advice specifically relates to their particular circumstances.