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Cyprus companies are approaching their first year-end under the 15% corporate income tax rate. For companies within the ordinary provisional-tax timetable, the second instalment falls due on 31 December 2026, also the deadline for revising the year's estimate. Companies that first become chargeable on income later in the year need to consider the special timing rule as well.

Individuals can now become tax resident in Cyprus under the 60-day rule even where another country also treats them as resident for the same year. The change, made by Law 244(I)/2025 amending the Income Tax Law, was published in the Official Gazette on 31 December 2025 and has applied since 1 January 2026.