Cyprus Tax Calculator & Complete Tax Guide (2026)

**Foreigners in Cyprus pay 15% corporate tax, 0% income tax on dividends (Non-Dom), 2.65% GHS contribution, 19% VAT, and ~8.8% social insurance on salary. Non-Dom status yields ~5% effective rate on optimized business income. No wealth, inheritance, or capital gains tax applies, except on Cyprus real estate.**

File your tax return by July 31st if you're self-employed or a company director, for the previous calendar year. Employees don't need to file if their employer handles tax through PAYE. Companies file by March 31st for their accounting period.

Only if you're a Cyprus tax resident. Non-dom residents don't pay tax on foreign dividends or interest. Capital gains on non-Cyprus property are also exempt.

Yes, you can own a Cyprus company without living there, but it must be managed and controlled in Cyprus to claim tax residency and benefits. Without actual Cyprus substance (operations, office, staff), the company won't qualify as Cyprus tax resident and you'll lose preferential tax treatment. Learn more in our company formation guide.

Setting up a Cyprus company costs €2,000-3,000 in formation fees. Annual maintenance expenses run €2,500-5,000 depending on business complexity, covering accounting, registered office rental, and statutory filings. Learn more in our company formation guide.

After 17 years of non-dom status, you become domiciled in Cyprus and lose the non-dom tax privileges. Your worldwide income then becomes subject to full Cypriot taxation at standard rates (15% corporate tax, up to 35% personal income tax). You must plan this transition carefully with your tax advisor to manage the shift from preferential non-dom treatment to standard residency taxation.non-dom benefits. Many plan to relocate or restructure before this point.

File your Cyprus tax return online via TAXISnet portal (taxisnet.mof.gov.cy) using your TAXISnet account, which requires separate one-time setup from your TIN registration. The filing deadline is 31 March for the prior calendar year, though extensions to 30 June are available on request. Non-residents have until 30 June. Late submission incurs penalties starting at 5% of unpaid tax.

Key deadlines for 2026: individuals with employment income (Form TD1) , 31 July 2026. Self-employed with turnover below EUR 70,000 , 31 July 2026. Self-employed with turnover above EUR 70,000 (audited accounts required) , 31 March 2027. Companies (Form TD4) , 31 March of the following year.

Provisional tax: if your liability exceeds EUR 5,000, pay in two instalments , 31 July and 31 December. Late payment incurs a 5% surcharge.

If you receive only dividends under Non-Dom status, you may not need to file a personal income tax return. SDC and GHS on dividends are typically handled at company level. Always confirm with your Cypriot accountant.