Cyprus Tax Guide
This page includes citations to the sources used for this entry. Always verify with official sources before making decisions.
Personal Income Tax
Tax Residency
Income Tax Rates
Foreign Income Treatment
Investment Income
20% on real estate; exempt on securities
Wealth & Inheritance
Special Regimes
Practical Notes
Non-dom regime very attractive. English widely spoken. EU member. Note: Corporate tax increasing to 15% from 2026.
Business & Corporate Tax
Corporate Income Tax
Withholding Taxes
VAT / GST
Compliance & Substance
Notable Regimes
- IP Box regime
- Notional Interest Deduction
- Shipping regime
Data Sources
Last updated: January 2025. Always verify with official sources before making decisions.
FAQ
What is the personal income tax rate in Cyprus?
Cyprus has a top personal income tax rate of 35%. The tax structure is: Progressive 0-35%. See the detailed breakdown above and verify with official sources.
Do I need to pay tax on foreign income in Cyprus?
Cyprus uses a worldwide system for foreign income. Non-dom regime exempts foreign dividends and interest for 17 years
What are the residency requirements for Cyprus?
Tax residency in Cyprus generally requires 183 days of physical presence. 183 days required; 60-day rule for non-doms available. Always verify current rules with official sources.
Is there a wealth tax in Cyprus?
No, Cyprus does not have a wealth tax. No wealth tax
What is the corporate tax rate in Cyprus?
The corporate tax rate in Cyprus is 12.5%. 12.5% until end of 2025; increasing to 15% from January 2026