Personal Income Tax

Personal Income Tax is imposed on the worldwide income of Cyprus tax resident individuals.  Non-resident individual are taxed only on certain sources of income sourced in Cyprus.

The current bands and rates of personal income tax in Cyprus are:

  • Up to €19.500: 0%

  • From €19.500 to €28.000: 20%

  • From €28.001 to €36.300: 25%

  • From €36.301 to €60.000: 30%

  • Over €60.001: 35%