01
Corporate tax
The standard corporate income tax rate is 15% from 1 January 2026; residence, worldwide income, exemptions, foreign tax credits, transfer pricing and EU/ATAD rules depend on the facts
02
Owner taxation
Personal residence is tested under the 183-day rule or all conditions of the 60-day rule; domicile/non-dom affects SDC, while income tax, GHS and social insurance require separate calculations
A tax rate is only one part of an international structure. The standard corporate income tax rate is 15% from 1 January 2026; residence, worldwide income, exemptions, foreign tax credits, transfer pricing and EU/ATAD rules depend on the facts.
03
VAT and indirect tax
The standard VAT rate is 19%; place of supply, intra-EU transactions, imports, reverse charge, exemptions and input recovery depend on the product and supply chain
04
Cross-border payments
A registered office alone does not prove effective management. Board process, directors' authority, premises, people, contracts, expenditure and the place of key decisions should match the stated model. Corporate and personal account opening tests the UBO, tax residence, source of wealth and funds, business purpose, contracts, countries, expected payments, sanctions exposure and real presence.
05
Evidence and control
The Registrar of Companies' electronic route covers name reservation, incorporation and maintenance of the register; tax registration, accounting, audit, annual returns and beneficial-owner filings follow formation. The label trust, foundation or family office does not remove the need to analyse the settlor, trustee, protector, beneficiaries, control, beneficial ownership, tax classification and licensing of management or investment functions.
FAQ
FAQ
Where should a tax strategy project in Cyprus start?
The standard corporate income tax rate is 15% from 1 January 2026; residence, worldwide income, exemptions, foreign tax credits, transfer pricing and EU/ATAD rules depend on the facts
Can formation or account opening be guaranteed?
This material is general information. Formation, licensing, tax outcomes and account opening depend on the facts and the decision of the competent authority or financial institution.
Why are tax and banking reviewed together?
The standard corporate income tax rate is 15% from 1 January 2026; residence, worldwide income, exemptions, foreign tax credits, transfer pricing and EU/ATAD rules depend on the facts. Corporate and personal account opening tests the UBO, tax residence, source of wealth and funds, business purpose, contracts, countries, expected payments, sanctions exposure and real presence.
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Related routes
- Company formation
- Open primary source
- Bank accounts and private banking
- Open primary source
- Private wealth: foundations and trusts
- Open primary source
- Cyprus tax residence and non-dom
- Open primary source
- Relevant practice
- Open primary source