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Cyprus is a Presidential republic. The head of state and the government is the President, who is elected by the universal suffrage for a five-year term. Executive power is exercised by the government. Federal legislative power is vested in both the government and the House of Representatives. The Judiciary is independent of the executive and the legislature.

The House of Representatives currently has 59 members elected for a five year term, 56 members by proportional representation and 3 observer members representing the Maronite, Latinand Armenian minorities. 24 seats are allocated to the Turkish community but remain vacant since 1964. The political environment is dominated by the communist AKEL, the liberal conservative Democratic Rally, the centrist Democratic Party, the social-democratic EDEK and the centrist EURO.KO.

On 17 February 2008, Dimitris Christofias of the AKEL was elected President of Cyprus, thus marking his party's first electoral victory without being part of a wider coalition, making Cyprus one of only two countries in the world to have a democratically elected communist government (the other being Moldova) and the only European Union member state currently under communist leadership. Christofias took over government from Tassos Papadopoulos of Democratic Party, who had been in office since February 2003.