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Cyprus Tax Guide Hub 2026: Income Tax, Rates & Calculator

KEY INSIGHT
Cyprus's hidden benefit: EUR 19,500 tax-free threshold + Non-Dom regime (17 years tax-free dividends/interest for new residents). Rates 0-35%. A EUR 50,000 earner pays ~11% effective. Social insurance 8.8% (capped) + GESY 2.65%. No inheritance tax. Corporate tax: 12.5%.
At a glance

Key Facts

Tax-Free Threshold
EUR 19,500 annually
Tax Rate Range
0% - 35%
Social Insurance
8.8% employee
Introduction

Cyprus has 5 progressive brackets from 0% to 35%, with a generous EUR 19,500 tax-free threshold. Total employment deductions include 8.8% social insurance (capped at EUR 68,904 for 2026) plus 2.65% GESY (national health). The effective rate is lower than headline suggests: a EUR 50,000 earner pays roughly EUR 7,885 income tax (~15.8% effective). Cyprus offers the Non-Dom regime: new residents can receive dividends and interest tax-free for 17 years. No inheritance tax and favorable treatment for foreign pensions. Corporate tax is just 12.5%. Filing deadline is July 31 for e-filing. Use our calculator to estimate your Cyprus tax liability.

This hub links to every Cyprus tax guide and calculator on CountryTaxCalc — covering income tax rates, and tools to calculate your take-home pay.

Section 01

Cyprus Income Tax Calculator

Cyprus's income tax uses 5 tax brackets from 0% to 35%. Use the calculator to estimate your take-home pay after income tax:

IncomeRate
EUR 0 - EUR 19,5000%
EUR 19,500 - EUR 28,00020%
EUR 28,000 - EUR 36,30025%
EUR 36,300 - EUR 60,00030%
Over EUR 60,00035%
Section 02

Related Hubs

Cyprus tax connects with these hubs on CountryTaxCalc:

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FAQ

Frequently Asked Questions

What are Cyprus's income tax brackets for 2026?

Cyprus has 5 brackets: 0% on EUR 0-19,500 (tax-free), 20% on EUR 19,500-28,000, 25% on EUR 28,000-36,300, 30% on EUR 36,300-60,000, and 35% above EUR 60,000. The generous tax-free threshold means low-to-middle earners pay relatively little income tax compared to other EU countries.

What is Cyprus's Non-Dom regime?

Non-Domiciled (Non-Dom) residents can receive dividends, interest, and rental income from outside Cyprus completely tax-free for 17 years. To qualify, you must not have been a Cyprus tax resident for 17 of the past 20 years. This makes Cyprus extremely attractive for investors and business owners with international income.

What social contributions apply in Cyprus?

Employees pay 8.8% social insurance (on income up to EUR 68,904 annually for 2026) plus 2.65% GESY (national health contribution). Employers add 12.3% social insurance + 2.9% GESY + other contributions. Self-employed pay 15.6% social insurance. Total employee deductions are approximately 11.45% before the cap.

What is GESY and why do I pay it?

GESY (Genikou Systimatos Ygeias) is Cyprus's universal healthcare system launched in 2019. Employees contribute 2.65% of salary, employers add 2.9%. This provides comprehensive healthcare coverage including GP visits, specialists, hospitalization, and medications. Pensioners and government benefit recipients pay 1.7%.
Disclaimer:This hub provides general information about Cyprus taxation for educational purposes only. Tax rules change frequently and individual circumstances vary. Always verify current rates and rules with the official Cyprus tax authority or a qualified local tax adviser. This is not tax or legal advice.
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