Taxes in Cyprus: residency, non-dom, rates
Cyprus is a popular EU tax jurisdiction with a low corporate rate and a non-dom regime. Figures below are as of the check date; the 2026 reform changed several numbers, so confirm with the Tax Department.
Residency: 183 days and 60 days
You become a Cyprus tax resident by spending more than 183 days on the island in a calendar year, or under the 60-day rule: at least 60 days in Cyprus, no more than 183 days in any other single state, business/employment/office in Cyprus and a permanent home (owned or rented).
Rates and regimes
| Item | Value | Source · date |
|---|---|---|
| Personal income tax, 2026 | 0% up to €22,000; then 20/25/30%; 35% above €72,000 | PwC / Tax Dept · 10.10.2026 |
| Corporate tax | 15% (from 01.01.2026; was 12.5%) | Tax Department · 10.10.2026 |
| Non-dom: SDC on dividends/interest | 0% for up to 17 years of residence | Tax Department · 10.10.2026 |
| VAT (standard) | 19% | Tax Department · 10.10.2026 |
| VAT registration threshold | €15,600 | Tax Department · 10.10.2026 |
FAQ
- What does non-dom give?
- Exemption from the Special Defence Contribution on dividends and interest — for up to 17 years of tax residence.
- Is worldwide income taxed?
- Yes, residents are taxed on worldwide income, but double-tax treaties may give relief; check your home country.
- Is there inheritance tax?
- No, Cyprus has no inheritance tax.