Tax follows the facts, not the label
Calling a company a holding company, calling a person non-domiciled or calling income foreign does not decide the tax result. Residence, source, activity, ownership, substance, timing and the documents need to support the position.
Our role is legal analysis, structuring, contracts, representation and coordination. Tax computations, audits and filings are carried out with the client’s auditor, accountant or other appropriately qualified tax adviser where required.
Cyprus tax work we handle
Cyprus company and transaction structuring
Individual tax residence and non-domicile legal analysis
Cross-border, treaty and withholding-tax questions
Property transactions, VAT and capital-gains issues
IP Box and notional-interest-deduction legal coordination
Tax clauses in commercial, finance and property agreements
Objections, appeals and tax-related litigation
Coordination of legal facts and documents for registrations or filings
The 2026 changes in practical terms
The standard Cyprus corporate income-tax rate is 15% from the 2026 tax year. Stamp duty was repealed for documents signed from 1 January 2026, with transitional treatment for documents signed by at least one party by 31 December 2025. The IP Box continues to apply an 80% nexus-based exemption to qualifying net IP profit. Our 2026 Cyprus business-tax reform guide explains the main changes and the limits.
A headline rate is only a starting point. Exempt income, deductible expenditure, transfer pricing, permanent establishments, shareholder residence, profit year and special regimes can change the final position.
Relocation and non-dom are separate questions
An immigration permit does not automatically make a person Cyprus tax resident. Tax residence does not automatically establish non-domicile treatment. We coordinate the legal and documentary position with the immigration route and any company, employment or property arrangements.
Common 2026 questions
Is Cyprus corporate tax still 12.5%?
No. The standard rate is 15% for the 2026 tax year onwards. Older material that still states 12.5% should not be used for current forecasts or transaction documents.
Does non-dom status reduce a company’s tax?
No. Non-domicile treatment is an individual concept principally relevant to Special Defence Contribution. It is not a blanket corporate income-tax exemption.
Has stamp duty disappeared from every contract?
No. Documents signed from 1 January 2026 are within the repeal, but a document signed by at least one party by 31 December 2025 may remain subject to the former regime. Other filing, registration, VAT, Land Registry and transaction costs continue separately.
What we need before advising
Tell us the people and entities involved, countries of residence, business activity, ownership, income or transaction, relevant dates, existing advice and the decision that needs to be made. Tax work becomes unreliable when the legal facts are incomplete.
Request a tax-law consultation | law@papacleovoulou.com | +357 26 933218
General information only. Last reviewed 1 August 2026. Tax treatment depends on current law, administrative practice, the accounting period and the client’s complete facts.
