🇨🇾 Cyprus
CY / CYP #162
Nomad Score
64.0
Cities
8
Region
European Union,
Mediterranean,
Levant,
Remote Work Friendly Countries,
Nomad Visa Countries,
Islands,
Europe,
Europe,
Southern Europe
Currency
EUR
🇨🇾 CYPRUS TAX PROFILE
Data year: 2025
Tax System
Worldwide
Non-dom regime exempts from SDC on dividends and interest. Very favorable for holdco structures.
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.
20% CGT on immovable property in Cyprus only. Share/securities gains generally exempt.
Social Security (Employee)
8.8%
Social Security (Employer)
8.8%
SS Cap (Annual)
EUR 66,612
Dividend Withholding
0.0%
Interest Withholding
0.0%
Royalty Withholding
10.0%
Treaty Count
67
Participation Exemption
Non-Dom Regime
Nomad Tax Regime
📊 INCOME TAX BRACKETS
Personal income
| 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% | -- |
⭐ SPECIAL REGIMES (1)
| Name | Type | Rate/Amount | Duration | Status |
|---|---|---|---|---|
|
Non-Domicile Regime
Exemption from Special Defence Contribution (SDC) on dividends, interest, and re... |
Non dom | -- | 17yr | Active |
🏠 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
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
📚 SOURCES
-
PwC Cyprus Tax Summary
(accessed Mar 23, 2026)
PIT, CIT, VAT, SDC, non-dom regime, social security
🔗 RELATED
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