1940–41 Cypriot Cup

The 1940–41 Cypriot Cup was the seventh edition of the Cypriot Cup. A total of 4 clubs entered the competition. It began on 6 April 1940 with the semifinals and concluded on 11 May 1940 with the final which was held at GSP Stadium. APOEL won their 2nd Cypriot Cup trophy after beating AEL 2–1 in the final.

Format
In the 1940–41 Cypriot Cup, participated all the teams of the Cypriot First Division (Lefkoşa Türk Spor Kulübü withdrew from the league before the cup started).

The competition consisted of two knockout rounds. In each round, each tie was played as a single leg and was held at the home ground of one of the two teams, determined by the draw results. The winner of each tie qualified for the next round. In the event of a drawn match, extra time was played. If extra time also ended in a draw, a replay match was scheduled.