Steps and timeline
- 12 weeks
Collect income data
Salary, dividends, foreign income.
- 21 week
Prepare and file
Adviser files online: TAXISnet for tax years up to 2025, Tax For All from tax year 2026.
Documents
For your tax adviser
Official form: T.D.59A (T.D.59) · how to fill it in
The exact list depends on your situation; we confirm it before filing.
Who does what
What you do
- Share your situation and goals
- Collect documents from home
- Agree the scope of work in writing
What we do
- Check the requirements for your case
- Prepare the documents and file the application
- Follow up until the decision
Your coordinator
- Plans the work and next steps
- Keeps one timeline for everything
- Reminds you of renewals and deadlines
Common mistakes
- Not filing because no tax is due: from tax year 2026 every resident with income files
- Leaving out foreign income or bank interest
- Not claiming the exemption for new residents on employment income, where you qualify
- Paying tax twice on foreign income instead of claiming a credit
- Filing on the wrong portal: TAXISnet up to tax year 2025, Tax For All from 2026
What affects the cost
The price depends on your situation. We explain the scope and expected costs before work begins.
Questions
Do I file if my income is abroad?
Yes, if you are Cyprus tax resident. Your Cyprus return reports worldwide income, including foreign salary, dividends, interest, rent and pensions. Tax paid abroad is credited under the tax treaty or Cyprus law, so the same income is not taxed twice.
How much tax on a €50,000 salary?
In 2026, social insurance of 8.8% (€4,400) and GESY of 2.65% (€1,325) are deducted first, leaving €44,275 taxable. The first €22,000 is tax-free, then €2,000 is due at 20%, €2,500 at 25% and €682.50 at 30%. Income tax is €5,182.50 and the net salary about €39,090.
What happens if I file late?
A fixed charge of €150 for an individual (Assessment and Collection of Taxes Law, section 50A). There is no charge when the Tax Department extends the deadline for everyone and you file within the extension. Tax paid late also carries interest.
Sources
- Tax Department: individual income tax return, checked 24 October 2026
- PwC Tax Summaries: Cyprus tax administration, checked 24 October 2026
- Assessment and Collection of Taxes Law 4/1978, section 50A: late filing charge, checked 28 October 2026
- Tax Department (gov.cy): individual income tax return (TF1) for 2025, announcement of 19 October 2026 (in Greek)
- Tax Department (gov.cy): 2026 tax reform guide for individuals (in Greek)
- Social insurance registration and contributions (self-employed) — Business in Cyprus portal
- Health Insurance Organisation: GHS financing and contribution rates
Figures checked 28 October 2026. Rules change: we confirm them for your case before you act.

