This year, for the first time, the championship featured a group stage play-off system. Teams were divided into 3 groups; 1st-4th, 5th-8th and 9th-12th. The points were carried over from the first round.
Anorthosis won the championship three games before the end of the season, without losing a single match.
Format
Fourteen teams participated in the 2007–08 Cypriot First Division. Each team played against every other team twice, once at home and once away, for a total of 26 matches. After these matches, the two teams with the worst records were relegated to the 2008–09 Cypriot Second Division. The remaining twelve teams were divided into three groups: 1st-4th, 5th-8th and 9th-12th.
The teams ranked first through fourth played out the champion and the participants for the European competitions. Teams ranked ninth through 12th determined the third relegated club, while the remaining four teams played a placement round. Every team played twice against its group opponents. Regular season records are carried over without any modifications.
The teams had to declare their interest to participate in the 2008 UEFA Intertoto Cup before the end of the championship. At the end of the championship, the higher placed team among the interested ones participated in the Intertoto Cup (if they had not secured their participation in any other UEFA competition).
Point system
Teams received three points for a win, one point for a draw and zero points for a loss.