Quick Answer
On a EUR 50,000 gross Cyprus salary, income tax is approximately EUR 7,000 and GESY is EUR 1,325, giving a total of EUR 8,325 and an effective rate of 16.6%. The 2026 tax-free threshold is EUR 22,000. GESY is 2.65% of gross salary, capped at EUR 4,770 per year. Social insurance (approximately 8.3%) is a separate obligation not included in this calculator.
Income Tax Calculator (2026)
Income tax by bracket
Estimates based on 2026 Cyprus tax legislation. Consult a tax advisor.
Cyprus uses a progressive income tax system for employment income. The first EUR 22,000 of annual salary is completely tax-free under the 2026 reform. GESY contributions are 2.65% of gross salary (employer adds a further 2.90%), capped at an annual maximum of EUR 4,770 per employee. As a Non-Dom resident receiving dividends instead of salary, no income tax applies - only the 2.65% GESY.
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