Posts on the Topic Exemption

The Cyprus Tax Exemption 55,000 offers expats significant tax relief by allowing them to exempt up to €55,000 from their taxable income, provided they meet specific residency and income requirements. This regulation simplifies tax planning for expatriates in Cyprus while...

The Cyprus Tax Non-Dom Status, introduced in 2015, offers significant tax advantages to foreign individuals who become tax residents but are not domiciled in Cyprus. Benefits include exemptions from the Special Defence Contribution on dividends, interest, and rental income earned...

The article provides an overview of the tax implications for rental income in Cyprus, distinguishing between short-term and long-term rentals. It covers key aspects such as income tax rates, GESY contributions, VAT obligations, and special defence contribution (SDC) requirements to...