Guide to Cyprus Direct and Indirect Taxation 2017


An individual is considered to be a resident of the Republic if he/she stays in the Republic for a period or periods exceeding in aggregate 183 days in the tax year. Days in and out of the Republic are calculated as follows:

The day of departure from the Republic counts as a day of residence outside the Republic.

The day of arrival in the Republic counts as a day of residence in the Republic.

Arrival in and departure from the Republic in the same day counts as a day of residence in the Republic.

Departure from and arrival in the Republic in the same day counts as a day of residence outside the Republic.

Foreign taxes paid can be claimed as a credit against the income tax liability in Cyprus.

01 February 2017
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