Getting a Tax Identification Code/Number (TIC/TIN) in Cyprus

We have recently received numerous enquiries from our fellow citizens about obtaining a Tax Identification Number (TIN) in Cyprus. However, we understand that navigating the intricacies of a tax compliance can be daunting task, and we are committed to providing the essential information to streamline the process.

In Cyprus, it is crucial to understand that Tax Identification Number (TIN) is not just a legal formality; it is a fundamental requirement under Cyprus tax law. The TIC serves as a unique identifier for individuals performing economic operations and activities on the island, as well as for tax residents of Cyprus. Therefore, it is essential for anyone falling under these categories to obtain their TIC promptly.

Who is considered a Tax Resident in Cyprus?

• A tax resident of Cyprus residing on the island for more than 183 days during the tax year (which corresponds to the calendar year in Cyprus)
• Individuals and entities engaged in economic operations or activities within Cyprus. This includes businesses, self-employed individuals, and anyone involved in commercial ventures.

By obtaining a Tax Identification Code or Number, you not only ensure your compliance with Cyprus tax regulations, but also gain access to various benefits and services, such as social security, healthcare (GESY), and public education.

The procedure for obtaining a TIC includes the following steps:

1. Gather the necessary documents: passport, ID card, or documents confirming status in Cyprus-Residence Permit.

2. Complete the application form TD.2001 here: Taxisnet Registration GuideTD2001_20181 (1)

3. Submit the application and documents to the local Tax Department office in person or send documents along with the completed form [TD.2001] via email according to location:

Nicosia:

lefkosia@tax.mof.gov.cy

Limassol:

lemesos@tax.mof.gov.cy

Paphos:

paphos@tax.mof.gov.cy

Larnaca:

larnaca@tax.mof.gov.cy

Famagusta:

ammoxostos@tax.mof.gov.cy

Depending on the workload of the Tax Department and the number of applications received, the procedure to obtain a Tax Identification Number in Cyprus can often take anywhere from one week to one and a half months. However, in our experience, there have been instances where people received their numbers by email in less than two weeks.

Filing a Tax Declaration

Upon successfully completing your registration and obtaining your Tax Identification Number (TIC), the next important step in your journey towards tax compliance is gaining access to the TAXisnet electronic system. Navigating this process seamlessly if of upmost importance.

Within three business days of registration confirmation, an email will be sent from the relevant tax authorities. This email will contain login credentials, including a username and password, which are the “keys” to enter the TAXisnet electronic system. This system is the cornerstone of Cyprus’ modern tax administration, simplifying tax-related activities and allowing tax affairs to be navigated efficiently.

How to submit a tax declaration?

One of the key advantages of Cyprus’ modern tax infrastructure is the convenience it offers when it comes to filing tax declarations and managing tax affairs. Through their official website, handling tax responsibilities electronically has been made easy.

Here’s how the process works:

1. Electronic Tax Declaration Filing:

For individuals whose yearly income exceeds 19,500 euros, the standard procedure involves electronically filing an income declaration. This process is designed to ensure that individuals with higher incomes fulfill their tax obligations accurately and efficiently.

2. No Obligation Below the Tax Threshold:

For individuals whose yearly income falls below the threshold of 19,500 euros, there is no obligation to pay taxes. In such cases, there is no requirement to file a tax declaration. This provision simplifies the process for those with lower incomes and ensures that the tax system remains fair and accessible to all.

We have inserted the TaxiNet Registration Guide here: Taxisnet Registration Guide

Do not hesitate to contact us for further information about TIC or any other regulations, so we can further assist you with anything related to tax in Cyprus.

Disclaimer: Although we work hard to deliver accurate and timely information, kindly take note that rules and laws are subject to regular change. It is advised that you speak with our consultants here to ensure sure that the information displayed here is accurate and up-to-date.