Cyprus Tax 2026: Rates & 60-Day Residency
Cyprus taxes income at 0%–35%, with the first €22,000 completely exempt under the 2026 reform.
Cyprus taxes income at 0%–35%, with the first €22,000 completely exempt under the 2026 reform. Non-domiciled residents pay 0% on dividends and interest from any source — a major draw for entrepreneurs and investors. The 60-day residency rule means you can establish Cypriot tax residency with as little as 60 days in the country.
Last reviewed: · Source: www.mof.gov.cy/tax
Key Facts — 2026
- →Income tax (2026): 0% below €22,000; then 20% / 25% / 30% / 35% progressive bands.
- →Non-Dom status: 0% tax on dividends and interest — major advantage for investors and entrepreneurs.
- →60-day rule: become a Cypriot tax resident with just 60 days in Cyprus (conditions apply).
- →No inheritance tax, no wealth tax.
- →GeSY (National Health System): 2.65% employee + 2.9% employer contribution.
- →EU member (not Schengen); popular with tech founders and crypto entrepreneurs.
Top Rate
35%
Effective @ $100k
24%
Taxation Basis
Worldwide
Key Tax Numbers: Cyprus 2026
- Top income tax rate
- 35%
- Effective income tax rate at EUR 100,000 gross
- 24%(income tax only)
- Taxation basis
- Worldwide income taxed
- Employee social contributions
- ~11.45% combined, capped at income ceiling
- Special regimes available
- Non-Domiciled Status · 60-Day Tax Residency Rule
- Data source
- www.mof.gov.cy/tax · Last reviewed
Income Tax Brackets (2026)
| Income from (EUR) | Income to (EUR) | Rate |
|---|---|---|
| 0 | EUR 22,000 | 0% |
| 22,001 | EUR 32,000 | 20% |
| 32,001 | EUR 42,000 | 25% |
| 42,001 | EUR 72,000 | 30% |
| 72,001 | No limit | 35% |
Social Contributions (2026)
| Contribution | Payer | Rate | Cap (EUR) |
|---|---|---|---|
| Social Insurance (employee) | employee | 8.80% | 60,992 |
| Social Insurance (employer) | employer | 8.80% | 60,992 |
| General Health System (GeSY, employee) | employee | 2.65% | No cap |
| General Health System (GeSY, employer) | employer | 2.90% | No cap |
Special Tax Regimes
Non-Domiciled Status
Cyprus tax residents who are not Cyprus-domiciled pay 0% on dividends and interest received, regardless of source. Defence contribution (17% on dividends for domiciled residents) is waived.
Qualifiers: Tax residents who have not been domiciled in Cyprus for 17 of the past 20 years
60-Day Tax Residency Rule
Individuals who spend at least 60 days in Cyprus (and meet other conditions) can become Cypriot tax residents without spending the usual 183 days.
Qualifiers: Must not reside in any single other country for more than 183 days; must have Cypriot employment, business, or property; must not be a tax resident of another country
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This page is for informational and planning purposes only — not tax advice. Tax laws change frequently; always verify with a qualified tax professional or the national tax authority. Data accuracy target: 90%+ for a single filer with no dependents. See our methodology for sources and limitations.