⚖️ 🇨🇾 Cyprus vs 🇪🇬 Egypt
📊 AT A GLANCE
| Metric | 🇨🇾 Cyprus | 🇪🇬 Egypt |
|---|---|---|
| Top Personal Income Tax | 35.00% | 27.50% |
| Effective Top PIT Rate | 35.00% | 27.50% |
| Corporate Tax Rate | 12.50% | 22.50% |
| VAT / GST | 19.00% (VAT) | 14.00% (VAT) |
| Tax System | Worldwide | Worldwide |
| Tax Treaties | 67 | 59 |
💰 INCOME TAX RATES
| Rate | Cyprus | Egypt |
|---|---|---|
| Top PIT Rate | 35.00% | 27.50% |
| Effective Top PIT | 35.00% | 27.50% |
| Capital Gains Tax | 20.00% | 10.00% |
| CG Notes | 20% CGT on immovable property in Cyprus only. Share/securities gains generally exempt. | Listed shares: 10% on gains (was suspended, now active). Unlisted shares: gains included in taxable income. Real property gains: 2.5% of sale price. |
| SS Employee | 8.80% | 11.00% |
| SS Employer | 8.80% | 18.75% |
| SS Annual Cap | $66,612 | — |
🏦 WITHHOLDING RATES
| Type | Cyprus | Egypt |
|---|---|---|
| Dividend WHT | 0.00% | 10.00% |
| Interest WHT | 0.00% | 20.00% |
| Royalty WHT | 10.00% | 20.00% |
📋 OTHER TAXES
| Tax | Cyprus | Egypt |
|---|---|---|
| Corporate Tax | 12.50% | 22.50% |
| Inheritance Tax | 0.00% | — |
| Wealth Tax | — | — |
🔧 TAX FEATURES
| Feature | Cyprus | Egypt |
|---|---|---|
| Personal Income Tax | Yes | Yes |
| Capital Gains Tax | Yes | Yes |
| Corporate Tax | Yes | Yes |
| VAT / GST | Yes | Yes |
| Wealth Tax | No | No |
| Inheritance Tax | No | No |
| Exit Tax | No | No |
| CFC Rules | Yes | No |
| Digital Services Tax | No | No |
| Crypto-Specific Rules | No | No |
| Participation Exemption | Yes | No |
| Territorial Exemption | No | No |
🌟 SPECIAL REGIMES
| Regime | Cyprus | Egypt |
|---|---|---|
| Digital Nomad Tax Regime | Yes | No |
| Nomad Regime Details | Digital nomad visa available for remote workers from outside EU. | — |
| Non-Dom Regime | Yes | No |
| Non-Dom Details | Non-domiciled regime: exempt from Special Defence Contribution (SDC) on dividends, interest, and rental income for 17 years. | — |
Active Special Tax Regimes
| Detail | Cyprus | Egypt |
|---|---|---|
| Regime | Non-Domicile Regime |
📅 RESIDENCY & FILING
| Detail | Cyprus | Egypt |
|---|---|---|
| Residency Threshold | 183 days | 183 days |
| Residency Rules | Resident if present 183+ days. Also 60-day rule: 60+ days if not tax resident elsewhere and have Cyprus business/employment. | Resident if has a permanent home in Egypt, or stays in Egypt for a continuous or intermittent period of at least 183 days, or has center of commercial, industrial, or professional activities in Egypt. |
| Filing Deadline | July 31 | March 31 |
| Auto Extension | No | No |
| Filing Notes | Electronic filing via TAXISnet. | Employees: employer handles withholding. Self-employed individuals: annual return due March 31. Corporate returns due April 30. |
| CFC Rules Details | CFC rules for >50% holdings in entities taxed at less than 50% of Cyprus rate | — |