Non Dom
The most generous regime in the EU.
Cyprus Non-Domiciled status grants 17 consecutive years of full exemption from Special Defence Contribution on dividends, interest and rental income.
0%
On worldwide dividends
0%
On worldwide interest
0%
On rental income (SDC)
0%
On capital gains from securities
0%
On gains from disposal of shares
17 yrs
Of Non-Dom benefits
Who qualifies
You qualify as Non-Dom in Cyprus if you have not been a Cyprus tax resident for at least 17 of the past 20 years. Most newcomers qualify by default.
Once Cyprus tax resident, you simply file the Non-Dom declaration with the Tax Department, and the exemptions apply automatically.
A note on what's still taxed
- — Employment income: progressive PIT up to 35%, with the first €19,500 tax-free
- — 50% exemption on employment income above €55,000 for new tax residents (17 years)
- — GHS contributions on most income types