Personal taxation
The following are very brief notes about the most obvious forms of taxation – you are advised to seek professional advice to confirm this information and for more complicated personal situations, including self-employment or running a company.
Double taxation agreements exist between Cyprus and most European countries. Individuals permanently resident in Cyprus are taxed here on the following types of income:
- Employment income for work performed in Cyprus
- Profits from a business activity, which is carried out though a permanent establishment in Cyprus.
- Pensions in respect of employments exercised in Cyprus (except for pensions paid from a fund established by the Cypriot Government or any local authority.)
Other Links
- Price and Payment Terms
- The Cost of Purchasing and On-Going Expenses
- Approval of the Council of Ministers
- Specific Performance
- Stamp Duty
- Property Transfer Tax
- Local authority tax
- Solicitors
- Banks
- On-going expenses
- Maintenance charges
- Living expenses
- Home insurance
- Retirees
- Personal taxation
- Income tax and NI
- Inheritance Tax
- Selling your property
- Capital Gains Tax