Cyprus Crypto Tax Guide 2026: Free PDF Download
Everything you need to know about how Cyprus taxes cryptocurrency gains in 2026 — in a single downloadable PDF.
Frequently Asked Questions
What is the crypto tax rate in Cyprus?
Cyprus introduced a specific crypto tax regime in 2024 under Article 20E: gains from crypto disposal are taxed at 8% flat rate for individuals. This applies to profits from selling, exchanging, or spending cryptocurrency. Mining and staking income may be treated as business income (taxed at progressive personal income tax rates).
Does Non-Dom status exempt crypto gains in Cyprus?
No. Non-Dom status only exempts SDC (Special Defence Contribution) on dividends and passive income. Crypto capital gains under Article 20E are subject to the 8% flat rate regardless of domicile status. However, Non-Dom residents still benefit from 0% on dividends from crypto-related companies.
Are crypto-to-crypto trades taxable in Cyprus?
Yes. Under Article 20E, any disposal of cryptocurrency triggers a taxable event, including crypto-to-crypto exchanges. The gain is calculated as the difference between the fair market value at disposal and the acquisition cost in euros.
Can I offset crypto losses against gains?
Yes. Capital losses from crypto disposals can be offset against gains in the same tax year. Net losses can be carried forward for up to 5 years to offset future gains under the same regime.
How does Cyprus crypto tax compare to other EU countries?
Cyprus 8% flat: one of the lowest in the EU. Portugal: 28% on gains held under 365 days, 0% if held over 1 year. Germany: 0% after 1 year, up to 45% otherwise. Spain: 19-28% depending on amount. Greece: 15% flat. Cyprus offers significant advantages for active traders and shorter-term holders.