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CY

Cyprus

CY · CYP · #162 · 8 cities

Nomad score 65/100 Compare
Top income tax 35.0% Worldwide system
Corporate tax 12.5%
VAT 19.0% standard rate
Tax residency 183 days 67 tax treaties

Cyprus tax profile

Data year: 2025

Tax system
Worldwide Non-dom regime exempts from SDC on dividends and interest. Very favorable for holdco structures.
Top PIT rate
35.0%
Corporate tax rate
12.5%
VAT
19.0%
Capital gains tax
20.0% 20% CGT on immovable property in Cyprus only. Share/securities gains generally exempt.
Social security (employee)
8.8%
Social security (employer)
8.8%
Social security cap (annual)
EUR 66,612
Dividend withholding
0.0%
Interest withholding
0.0%
Royalty withholding
10.0%
Treaty count
67

Income tax brackets

Personal income
Personal income brackets
Bracket min Bracket max Rate USD equivalent
EUR 0 EUR 19,500 0.0% --
EUR 19,500 EUR 28,000 20.0% --
EUR 28,000 EUR 36,300 25.0% --
EUR 36,300 EUR 60,000 30.0% --
EUR 60,000 and above 35.0% --
Local currency: EUR

Special regimes (1)

Special regimes
NameTypeRate/amountDurationStatus
Non-Domicile Regime Exemption from Special Defence Contribution (SDC) on dividends, interest, and re... Non dom -- 17yr Active

Tax flags

Participation Exemption Non-Dom Regime Nomad Tax Regime

Tax residency

Days threshold
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.
Exit tax
No
CFC rules
Yes CFC rules for >50% holdings in entities taxed at less than 50% of Cyprus rate
Non-dom regime
Non-domiciled regime: exempt from Special Defence Contribution (SDC) on dividends, interest, and rental income for 17 years.
Nomad regime
Digital nomad visa available for remote workers from outside EU.

Filing information

Fiscal year
01-01 – 12-31
Filing deadline
July 31
Electronic filing via TAXISnet.

Sources

Related

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