AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
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Europe

Cyprus

Cyprus applies progressive personal income tax with significant relief schemes. Corporate tax is 12.5% — among EU's lowest.

Personal income tax

0–35%
Top marginal rate / range

Corporate tax

12.5%
Standard rate

VAT / Sales tax

19%
Standard indirect tax

At a glance

  • Tax yearCalendar year
  • FilingJuly 31
  • Non-domAvailable regime
  • CITLow (EU)
Official Tax Authority Tax Department
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This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Cyprus's official tax authority (linked above) or a qualified tax professional before making any decision.