Fourteen teams participated in the 1995–96 Cypriot First Division.
The team with the most points at the end of the season crowned champions.
Cypriot teams didn't gained enough points in the previous seasons and so the champion team did not qualify to 1996–97 UEFA Champions League.
The champions and the runners-up ensured their participation in the 1996–97 UEFA Cup.
The teams had to declare their interest to participate in the 1996 UEFA Intertoto Cup before the end of the championship.