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  • (form I.r.163a) 2014 2020

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Related content

Report on the Free Movement of Workers in Cyprus...
This has already been implemented in the form of Greek language ... theirΝpassportsΝ...
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How much is income tax in Cyprus? Cyprus-tax residents pay general and foreign taxes on their income worldwide at tax rates ranging from 20‑35%. Companies pay a corporate income tax of 12,5%. There is a special regime for retirees: 5% of the pension payments if they exceed €3,420 per month.

PAYE (Pay As You Earn) is, in fact, the income tax deducted by the employer from the employee's salary.

As of 1 January 2022, a new 50% exemption on remuneration applies for 'first employment' exercised in Cyprus by individuals who were not resident in Cyprus for a period of at least 15 consecutive tax years immediately prior to the commencement of their employment in Cyprus.

Personal income tax rates Taxable income up to €19,500 is effectively exempt from income tax. Taxable income exceeding this amount is subject to progressive income tax rates ranging from 20% to 35% (the highest rate applies to income exceeding €60,000).

Cyprus represents a tax-efficient option for remote working contractors looking to reduce their tax liability. With the possibility of 0% tax on income, alongside the lifestyle benefits that the island offers, it's an appealing destination for digital nomads and remote professionals.

The corporation tax rate is 12.5%. Business profits of Cyprus tax resident companies, adjusted in relation to allowances and exemptions, are subject to a flat tax rate of 12.5%. Income for individuals is subject to progressive tax rates.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232