Guides
The Cyprus Tax Department publishes its guidance almost entirely in Greek. These are the same rules in English, written for people running a business — with every figure traced back to the official source it came from.
✓ VerifiedThe 2026 reform raised the tax-free threshold from €19,500 to €22,000 and moved the 35% top rate from €60,000 up to €72,000. Here are the new bands, the old ones in full, and what the change is worth.
✓ VerifiedFrom 1 January 2026 profits on disposing of crypto-assets are taxed at a flat 8% under Article 20E. Here is what counts as a disposal, how the cost is matched, why losses are trapped, and what happens to coins you already held.
✓ VerifiedTwo routes into Cyprus tax residency. The 183 day rule tests nothing but days. The 60 day rule has four conditions that must all hold in the same tax year, and the 2026 reform quietly dropped a fifth.
✓ VerifiedFrom 1 January 2026 Cyprus companies pay corporate income tax at 15%, up from 12.5%. Pillar Two is a separate regime that only reaches groups with €750 million or more in consolidated revenue.
✓ VerifiedThree separate lists get confused constantly: the FATF lists, the EU AML high-risk third countries list, and the EU tax blacklist. Who maintains each, what each one triggers in Cyprus, and why being on one is not being on the others.
✓ VerifiedThe Special Defence Contribution on dividends fell from 17% to 5% in 2026. But profits earned up to 2025 stay at 17% for six years, and a new 10% charge hits company assets used by shareholders.
✓ VerifiedThe 2026 reform introduced personal deductions for children, rent and mortgage interest, but only if your household income is under a threshold that depends on how many children you have.
Name approval costs €10, incorporation €165, and a lawyer must swear the founding declaration. Here is the full sequence, the statutory fees, the filing deadlines, and the annual levy question answered from the statute.
✓ VerifiedIf you live in Cyprus and work remotely for an employer abroad, Cyprus taxes the salary and Cyprus social insurance is normally the system that applies. Here is how the tax, the contributions and the A1 certificate actually work.
✓ VerifiedCyprus has three income tax exemptions for people who move here to work, worth 50%, 25% and 20% of pay. You may claim only one in any year. Here is what each requires, which one wins, and the traps in the conditions.
✓ VerifiedCapital gains tax in Cyprus is 20% on property disposals. The lifetime exemptions rose on 1 January 2026, and indexation allowance can cut the taxable gain substantially. Here is how both work.
✓ Verified5% VAT instead of 19% applies to the first 130 square metres and the first €350,000 of a main home, but only if the whole property stays under 190 square metres and €475,000. Here is how the split works.
✓ VerifiedFor Cyprus accountants and law firms: how the client risk-based approach works under ICPAC's April 2026 guidance, which categories override your scoring, what the supervisor asks to see, and where firms get caught out.
Cyprus has charged no inheritance tax since 1 January 2000. What replaced it is a set of filing duties on the executor, a Land Registry position that turns on who the heir is, and a capital gains base cost the heir inherits from the deceased.
✓ VerifiedNon-domiciled Cyprus tax residents pay no Special Defence Contribution on dividends and interest. This sets out who qualifies, how long it lasts, and what you still pay.
✓ VerifiedTransfer fees run 3%, 5% and 8% in bands on the price. If VAT was charged on the purchase you pay nothing, and if it was not you pay half. Here is the scale, who pays, and when.