Published: 17.03.2026
The reform amends six core tax laws and applies to tax years beginning on 1 January 2026. It affects tax residency, personal and corporate income tax, capital gains tax, and tax compliance.
According to the source, Cyprus has operated under an updated tax framework since the 2026 tax year, affecting both individuals and organisations. For people relocating, the changes make tax residency, personal income taxation, and compliance requirements important factors when planning their stay and income structure. Employers and companies may also need to revise payroll and tax-reporting processes, with the source pointing to potentially higher operating costs. This is worth attention for anyone moving to Cyprus for work, business, or long-term tax residence.
- 🤔 kpmg.com