According to the Cyprus Income Tax Laws, all companies that will
have taxable income for the tax year 2019 must submit to the Tax
Authorities by 31 July 2019, a temporary tax return form (T.D6),
based on their estimated taxable profits for the current year and
pay the temporary tax in two equal instalments before or by the
following dates:
- 31 July 2019 – 1st instalment
- 31 December 2019 – 2nd instalment
The final tax for tax year 2019 should be settled by 1st August
2020.
All companies have the right to revise their estimated taxable
income at any time before 31 December 2019.
If the estimated taxable income is revised upwards, 3,5%
interest is payable on the difference between the revised amount
payable and the amount initially declared from the due date of
payment of the first instalment.
