The Corporate Tax Rate in Cyprus stands at 12.50 percent. Corporate Tax Rate in Cyprus averaged 15.67 percent from 1995 until 2024, reaching an all time high of 29.00 percent in 2000 and a record low of 10.00 percent in 2005. source: Inland Revenue Department of the Republic of Cyprus

Corporate Tax Rate in Cyprus is expected to reach 12.50 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Corporate Tax Rate is projected to trend around 12.50 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 12.50 12.50 percent Dec 2024
Personal Income Tax Rate 35.00 35.00 percent Dec 2024
Sales Tax Rate 19.00 19.00 percent Dec 2024
Social Security Rate 17.60 16.60 percent Dec 2024
Social Security Rate For Companies 8.80 8.30 percent Dec 2024
Social Security Rate For Employees 8.80 8.30 percent Dec 2024
Withholding Tax Rate 0.00 0.00 percent Dec 2024

Cyprus Corporate Tax Rate
In Cyprus, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Cyprus.
Actual Previous Highest Lowest Dates Unit Frequency
12.50 12.50 29.00 10.00 1995 - 2024 percent Yearly