Cyprus corporate tax rate
Cypriot corporate income tax, raised to 15% by the 2026 tax reform.
| Current value | 15 percent |
|---|---|
| In force from | 2026-01-01 |
| Official source | Tax reform package amending Income Tax Law 118(I)/2002, approved by the House of Representatives on 2025-12-22 and gazetted 2025-12-31 (Official Gazette No. 5070), effective 2026-01-01 |
| Last verified | 2026-07-30 |
| Verification | secondary — Corroborated, but the primary instrument was NOT read (usually the publishing host blocks automated access). Secondary-confirmed across multiple professional-firm digests. |
| Provenance | source fingerprint |
What this value means
15% from 2026-01-01, replacing the 12.5% that had applied since 2013 - THE REFORM IS ENACTED, not proposed. It also amended the Special Contribution for Defence, Capital Gains Tax, tax assessment and collection, and stamp duty laws. TWO DUAL-TRACK TRAPS THAT PERSIST INTO 2027: first, Deemed Dividend Distribution is abolished for profits earned from 2026 but REMAINS ENFORCEABLE on profits earned up to 2025-12-31, with a run-off on undistributed 2024 and 2025 profits through 2027-12-31; second, the defence contribution on dividends to resident and domiciled individuals falls to 5% for 2026-onward profits but the 17% rate continues to apply to pre-2026 profits distributed up to 2031. An answer that returns one value for either item will be wrong depending on which year's profits are distributed. Also from 2026: defence contribution on rental income abolished, a new 10% charge on disguised dividends, withholding on dividends to related companies in low-tax jurisdictions cut to 5% (17% retained for blacklisted jurisdictions), stamp duty abolished for documents signed after 2026-01-01, crypto gains and share options at a flat 8%, and the R&D super-deduction of 120% extended to 2030. Loss carry-forward was extended from five years but sources disagree between seven and ten, so it is not served. Secondary-confirmed across multiple professional-firm digests.
Get it programmatically
curl https://euroref.dev/v1/cy/corporate-tax
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://euroref.dev/v1/cy/corporate-tax/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/cy/corporate-taxOther Cyprus series: policy interest rate · VAT rate · minimum wage · public holidays · inflation rate (CPI) · income tax rates · ECB main refinancing rate · late-payment interest rate