WONE Global's guide to Cyprus records these changes under tax and reporting. Each statement below has been checked against the source it links to.
The standard corporate income tax rate in Cyprus is 15% from 1 January 2026; it was 12.5% up to 31 December 2025.
Part of a tax reform package passed on 22 December 2025 and published in the Official Gazette on 31 December 2025, applying to tax years from 1 January 2026.
PwC Worldwide Tax Summaries · Cyprus: Corporate - Taxes on corporate income ↗ Checked against a secondary source · Not yet professionally reviewed · checked 19 October 2026
Cyprus generally does not levy withholding tax on dividends paid to non-residents; exceptions apply to dividends paid to companies in jurisdictions on the EU list of non-cooperative jurisdictions and, from 1 January 2026, to related companies in low-tax jurisdictions, where a 5% withholding tax applies.
Quoted companies are excepted, subject to conditions.
PwC Worldwide Tax Summaries · Cyprus: Corporate - Withholding taxes ↗ Checked against a secondary source · Not yet professionally reviewed · checked 19 October 2026
This is a summary of the rule as published, not advice on how it applies to you. The WONE Global Partner for this service in Cyprus can advise on that.
