Personal taxes in Cyprus

• Every person who lives in Cyprus for 183 days or more per year must pay tax on his or her worldwide income in Cyprus.
• There is a double taxation agreement with Germany (DTA as of 2011).
• Profits from shares, dividends and interest are tax-free. 

You can find more information under NON DOM status. For detailed advice, we can put you in touch with competent partners.

• The tax rate for corporations ranges from 2.5% to 12.5%, depending on the industry.
• No advance payments are required.
• There is no trade tax or solidarity tax.
• Profits from share trading are tax-free.
• Losses of Cyprus companies can be carried forward indefinitely.
• Profits and losses of a group of companies can be mutually offset.
• Fiduciary management is permitted and regulated by law.

The company must have its registered office and management in Cyprus from which decisions, fate and control are determined.

It is therefore not sufficient to establish a company with its registered office in Cyprus and manage it from abroad.

We expressly point out that we do not offer or provide legal or tax advice. The information is based on research from various sources, and we accept no liability for its accuracy.

We will be happy to provide you with the names of competent and predominantly German-speaking partners.

Status 03/2019