Country Hub · Cyprus · 2026

Cyprus

Income tax 0–35% · Non-dom: 0% SDC on dividends/interest · Corporate 12.5% · EU member

0–35%

Income Tax Rate Range

€22,000 (from 2026)

Tax-Free Threshold

1 Jan – 31 Dec

Tax Year

Calculate Your Cyprus Tax

Cyprus Tax Facts

— 2026

Income Tax Rate Range

0–35%

Tax-Free Threshold

€22,000 (from 2026)

Tax Year

1 Jan – 31 Dec

Non-Dom Dividend Tax

0% SDC (17-year exemption) non-dom

Corporate Tax Rate

12.5% (one of EU's lowest)

IP Box Rate

2.5% effective on qualifying IP

Quick Country Comparison

— at €60,000

Country	Take-home	Eff. Rate	vs Cyprus
Cyprus	€45,291	24.5%	—
Greece	€38,407	36.0%	−€6,884
Malta	€45,492	24.2%	+€201
UAE	€60,000	0%	+€14,709

Cyprus: income tax (0–35%, 2026 scale) + 8.8% Social Insurance (capped at €68,904/yr) + 2.65% GESY (capped at €180,000/yr). Greece: income tax + social contributions. Malta: income tax + social security. UAE: 0% income tax (a mandatory unemployment-insurance premium of about AED 63 a year is ignored). Cyprus, Greece and Malta figures are from our verified single-employee calculators (wages only). Assumes single salaried earner, standard deductions, non-dom status not applied. Illustrative — not tax advice.

Want your exact figures? Use the full Cyprus calculator →

Comparison Guides

See how Cyprus tax compares to neighbouring Mediterranean economies head-to-head.

Cyprus vs Greece Island vs mainland tax systems

Cyprus vs Malta Two EU island tax havens compared

Salary Guides

After-tax income benchmarks for Cyprus professionals.

Moving from Cyprus

Tax implications of moving to or from Cyprus — non-dom status, the 60-day rule, and residency planning.

2026 Cyprus Tax Changes

2026 income tax reform (Law N.244(I)/2025) — from 1 January 2026 the tax-free band rose from €19,500 to €22,000 and the brackets widened: 20% on €22,001–32,000, 25% on €32,001–42,000, 30% on €42,001–72,000, 35% above €72,000 (previously 35% above €60,000). New income-tested deductions cover children (€1,000/€1,250/€1,500 per child), housing loan interest or rent (up to €2,000) and green home spending (up to €1,000).
Non-dom 60-day rule reinforced (2022) — non-domiciled individuals can qualify for Cyprus tax residency by spending 60+ days in Cyprus; stricter substance requirements now apply to prevent abuse.
EU Pillar Two minimum tax discussions — Cyprus is implementing the OECD/EU global minimum corporate tax (15%) for large multinationals; the 12.5% standard rate is unaffected for smaller businesses.
IP Box regime at 2.5% effective rate — qualifying intellectual property income benefits from an 80% deduction, yielding an effective 2.5% tax rate; one of the most competitive IP regimes in the EU.

Last Updated: October 2026 · Daniel · CountryTaxCalc