Cyprus Corporate Tax Rate – May 2022



Cyprus corporate tax rate: When do I have to pay it? Are there any other taxes to be paid for Cyprus company profits?


Cyprus Corporate Tax Rate as at May 2022 is 12.5%. It is one of the lower tax rates for in the EU.

This tax is paid on the net income of your company after deduction of all costs that go to the production of your revenue. It is  paid in 3 instalments. One in July, one in December and one in April – May of the year following the tax year in question.


Losses of previous years can also be deducted from the company`s revenue before tax is payable. Apart from the corporate tax a Cyprus pays pretty much no other tax. There are no tax on dividends paid out or received. There are no tax on capital gains. There is also zero tax on profits from trading in securities such as shares. Tax on IP revenue is only 2.5%!


Low Cyprus Corporate Tax Rate


If you want to benefit the low Cyprus Corporate Tax Rate register a Cyprus company using a Nominee Director. A Cyprus company registration opens the doors to you to enjoy this fantastic benefit of being a perfectly legal EU company/business and enjoy the so privileged Cyprus Corporate Tax Rate. Our Firm has been registering Cyprus companies for international entrepreneurs since 1979. Hundreds of them are now enjoying this low corporate tax and saving millions in taxes. If you want concise information on the Cyprus Company Registration please follow this link.


Cyprus company after its registration has to file audited account once a year. The latest at the end of December of the year following the tax year in question.  Your Accountants will submit all the revenues from your activities together with all the expenses that were spent in order to produce the taxable income. The net sum of deducting the expenses from the income will be taxed at 12.5% corporate tax. Losses of previous years if any can also be deducted from the taxable income. If you want to read information about the Tax Rates generally in Cyprus regarding the other taxes go to Tax Rates in Cyprus.



Where do I Pay the Tax?


The Cyprus Corporate Tax of your company is any is payable at the Income Tax Offices in cash or by cheque.  Your Accounts will normally undertake this duty for you.  An official receipt is issued by the Tax Office and you company`s file is updated. A Certificate of Taxes Paid is available for you if you need it at any time for use at a Bank, a Business deal or Government department of your country. A Tax Residency Certificate for your company can also be secured from the Tax Office for use as above.



Cyprus Corporate Tax Rate

Free Consultation Here