TAXATION

TAXES IN CYPRUS

Cyprus Individual Taxes
Cyprus Individual Taxes

Individual Tax Brackets Cyprus

Cyprus Individual Taxes
Cyprus Individual Taxes

Individual Tax Brackets Cyprus

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Cyprus offers a generous individual tax system, with the first EUR 19,500 of income exempt from income tax. 

Corporate Taxes in Cyprus
Corporate Taxes in Cyprus

Corporate Tax Rates in Cyprus

Corporate Taxes in Cyprus
Corporate Taxes in Cyprus

Corporate Tax Rates in Cyprus

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Cyprus companies are taxed at a rate of 12.5% per year on corporate profits. A company levy of EUR 350 applies. 

Property Taxes in Cyprus
Property Taxes in Cyprus

Cyprus Property Taxes

Property Taxes in Cyprus
Property Taxes in Cyprus

Cyprus Property Taxes

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Properties built within the past 5 years, or with a building permit dating to the past 5 years, are liable for VAT.