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Φόρος Εισοδήματος Φυσικών Προσώπων στη Λάρνακα

Cyprus personal income tax uses progressive rates from 0% (first €19,500) to 35% (above €60,000). Combined with SDC on passive income (for domiciled residents), GESY health contributions, and social insurance, effective personal tax burden varies substantially. Non-doms and expats benefit from significant reliefs. Every Cyprus accountant handles personal tax filings.

Progressive tax bands

Cyprus personal income tax rates for 2024: 0% on the first €19,500; 20% from €19,501 to €28,000; 25% from €28,001 to €36,300; 30% from €36,301 to €60,000; and 35% above €60,000. Cyprus tax residents are taxed on worldwide income, subject to double tax treaty relief. Non-residents are taxed only on Cyprus-source income.

For most standard personal tax compliance, any Cyprus accountant can handle the annual TD1 return. Specialist advice becomes valuable for non-doms, expats with the 50% deduction, executives with foreign earnings, and retirees managing pension taxation.

Εταιρείες που ειδικεύονται σε Φόρος Εισοδήματος Φυσικών Προσώπων

1 εταιρείες

Εταιρείες με τεκμηριωμένη πρακτική σε Φόρος Εισοδήματος Φυσικών Προσώπων, ταξινομημένες κατά κατάσταση διεκδίκησης, πληρότητα και αξιολόγηση.

EROTOKRITOU Chartered Accountants (trading as AUDVATAX CONSULTANTS LTD) is a Cyprus-based firm offering audit, tax, accounting, and business advisory services. They are members of ICAEW and ICPAC. Their services include company formation, secretarial, and banking services, with offices in Larnaca.

📍IOANNOU HAKET 44, 6531, LARNACA

Ανεξάρτητοι ειδικοί

60

🎯 Οι εταιρείες κατατάσσονται με βάση την κατάσταση διεκδίκησης, την πληρότητα της καταχώρησης και τις αξιολογήσεις πελατών. Οι εταιρείες που έχουν διεκδικήσει την καταχώρησή τους και έχουν παρέχει λεπτομερή στοιχεία εμφανίζονται υψηλότερα.

Συχνές ερωτήσεις

Who must file a Cyprus personal tax return?

Cyprus tax residents with gross annual income exceeding €19,500 must file. Non-residents with Cyprus-source income also file. Employees whose income tax is fully covered by PAYE and who have no other income are technically not required to file, though many do voluntarily.

What is the 50% expat tax deduction?

Individuals who were not Cyprus tax-resident before employment in Cyprus and whose annual employment income exceeds €55,000 can deduct 50% of gross employment income for 17 years, subject to conditions. A 20% deduction (capped) is available for lower income thresholds. This is one of the most significant Cyprus personal tax benefits for relocating executives.

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