Services

Filing Income Tax Return for Individuals

For individuals

Residents of Cyprus, regardless of tax profile

100 €

Per declaration

All individuals must be registered in the TAXISnet system and submit their income tax returns electronically.

*We recommend that you register with the TAXISne system in advance.

Finlab will help you gather information, calculate the amount of tax to be paid, prepare your tax return and send it to the portal. We will also politely remind you of your due date and take control of your future payments so that you do not worry and can focus on more important things.

The deadline to file and pay your tax.

For employees, it’s July 31 of the following year.
For self-employed individuals whose annual turnover does not exceed 70,000 euros and who are not required to prepare audited financial statements: July 31 of the following year.
For self-employed individuals whose annual turnover exceeds €70,000: March 1 of the second year after that.

The penalty for late filing of the tax return is from 100 to 200 eur (depending on the situation).

For late payment of tax, the person pays a penalty of 5% of the unpaid amount and a penalty for each day of delay. For delays of 2 months or more, a second penalty of 5% is added to the first penalty.

What does the process of cooperation with us look like?

  • Getting to know each other
  • Chatting together
  • Gathering information
  • Discussion
  • Preparing declaration
  • Filing
  • Payment of tax
  • Control

We offer an individual approach to each client, depending on his or her specific situation and needs.