Cyprus: Tax

An EU national, operating a successful consultancy company, sought a jurisdiction that combined tax efficiency, EU credibility, and a high quality lifestyle. With an international client base and no dependence on a physical location, Cyprus emerged as a natural choice for both business relocation and personal residency. The individual also held a personal investment portfolio which was discretionary managed by an EU Financial Institution.

On 31 December 2025, Cyprus published in the Official Gazette a comprehensive package of tax reform legislation approved by the House of Representatives earlier that month.

Indian high-net-worth individuals are increasingly reviewing how and where they hold global assets.

In today's globalised world, individuals and families often hold assets in multiple countries.

A quiet revolution is taking place across the Mediterranean. As 2025 unfolds, discerning high-net-worth individuals from the UK are discovering Cyprus, not as a tax haven in the traditional sense...

From 6 April 2025, the United Kingdom moved to abolish the long-standing non-domicile regime, replacing it with a far more limited four-year foreign income and gains (FIG) exemption.

In 2026, more business owners from Europe, the UK, Australia, Canada and the Middle East are considering Cyprus as a tax base and are relocating their operations to the island.

Crypto taxation has entered a new phase globally. What was once treated as an experimental or lightly regulated asset class is now firmly embedded within mainstream tax systems.

Cyprus has become one of the most attractive destinations in Europe for international entrepreneurs, remote professionals, investors and retirees.

In recent years, Cyprus has evolved from a traditionally low-tax jurisdiction into a fully compliant and strategically positioned international business hub.

If you have recently taken responsibility for a Cyprus subsidiary — or if your group has expanded into Cyprus...

In December 2025, the House of Representatives approved amendments to the Income Tax Law of 2002 (as amended) ("ITL"), forming part of a broader tax reform initiative.