A Cyprus tax advisory service helps companies and individuals reduce their tax exposure, remain compliant with Cyprus and EU rules, and structure cross-border operations on a sound footing. At Savva & Associates, the work covers corporate tax, VAT, double tax treaties, intellectual property, economic substance, and residency, all under the framework that took effect on 1 January 2026.
Our team draws on deep experience in international business to deliver Cyprus tax services tailored to your situation. These building strategies strengthen your legal position across all relevant corporate and personal taxes. matters
What Our Tax Consultancy Covers
Good tax consultants look at the whole picture, not a single filing. Our tax advisory services bring strategy and compliance together for individuals and legal entities, so the structure you build today still works next year:
Corporate and personal tax planning aligned to the 15% regime
VAT registration, returns, and EU reporting
Double tax treaty positioning for cross-border income
Intellectual property and holding structures, including alternative investment funds
Economic substance and residency support
Annual tax returns and dealings with the tax administration
Cyprus Tax Planning
Cyprus remains one of Europe’s most respected tax jurisdictions, valued for stable legislation and consistent interpretation. From 1 January 2026, the corporate income tax rate stands at 15%, aligned with the OECD global minimum tax while staying among the more attractive rates in the EU. As a general rule, no withholding tax applies to dividends or interest paid to non-residents, or royalties used outside the country. However, measures introduced in 2026 apply reduced rates to certain low-tax and blacklisted jurisdictions.
Effective planning uses the participation exemption on dividends, the treaty network, and incentives such as the Notional Interest Deduction. The Cyprus Tax Department publishes current rates and filing rules.
Tax Compliance and Returns
Strong planning means little without clean filing. We keep companies and individuals current with every deadline, so penalties never erode the savings a plan creates.
Direct Tax
Registration with the Cyprus Tax Department
Corporate and personal income tax returns
Provisional tax calculations and instalments
Residence and tax clearance certificates
Annual returns based on audited financial statements
Indirect Tax and VAT
VAT registration, including voluntary registration
Quarterly VAT returns and VIES reports
INTRASTAT declarations for the movement of goods
One Stop Shop (OSS) filings for cross-border sales
This compliance work sits close to day-to-day financial management and accounting, which is why many clients hand both over to one team.
Representation and Rulings
Correspondence with the tax authorities
Objections and dispute support
Advance tax rulings on planned transactions
Restructuring and reorganisation advice
Penalty and interest mitigation
Specialist Tax Advice
Beyond the annual tax return, several Cyprus regimes reward careful structuring, which is where a tax advisor earns their fee.
Notional Interest Deduction
The Notional Interest Deduction (NID) rewards companies that fund themselves through equity rather than debt. It can reduce taxable profit by up to 80%, bringing the effective rate to around 3%, and applies to new equity introduced on or after 1 January 2015.
Intellectual Property
To benefit from the Cyprus IP regime, an asset must count as a qualifying intangible asset under the modified nexus approach:
Patents
Copyrighted software
Other novel, non-obvious, useful assets, where income stays below €7.5 million for an individual or €50 million for a group
Patents and software face no such cap, while brands and trademarks fall outside the regime. Qualifying profits are subject to an 80% deduction, resulting in an effective rate near 3%. Our guide to Cyprus IP holding company structures sets out the steps.
Transfer Pricing
Groups with related-party dealings need defensible pricing. We prepare:
Master file and local file documentation
Summary information tables of controlled transactions
Benchmarking for loans, services, and royalties
Profit allocation reviews across jurisdictions
Cyprus Tax Residency and Non-Dom Status
Cyprus offers individuals two routes to residence: the 183-day rule and the 60-day rule. The latter suits mobile clients and asks for:
At least 60 days a year in Cyprus
A permanent home, owned or rented
Cyprus business, employment, or an office held
No more than 183 days in any other single country
Non-domiciled residents are exempt from the Special Defence Contribution (SDC) on dividends and interest for their first 17 years, a period now extendable through a further five-year term. Many clients use this to secure Cyprus residency in under 90 days. Meeting the economic substance requirements and our wider substance solutions protects the position, and you can begin by setting up a Cyprus company.
Working With Regulated Tax Advisors
The tax adviser profession is not separately licensed in Cyprus, so choosing the right firm matters. ICPAC, the Institute of Certified Public Accountants of Cyprus, treats tax planning and tax advice as regulated public practice, and its standards bind its registered members. As licensed Cyprus tax advisors regulated by ICPAC, our firm provides professional advice you can rely on, ensuring that filings and rulings carry weight with third parties, and that the same tax rules apply consistently. The government’s tax consultant guidance confirms the position.
Frequently Asked Questions
What Does a Cyprus Tax Advisory Service Include?
It covers corporate and personal tax planning, VAT and EU reporting, treaty positioning, IP taxation, substance, and residency, all aimed at a lawful structure that keeps your exposure low.
How Can Cyprus Tax Planning Reduce Corporate Tax?
Cyprus applies a 15% rate from 1 January 2026. Planning uses treaty access, the participation exemption, the Notional Interest Deduction, and the IP regime to lower the effective rate within the law.
When Are Cyprus Corporate Tax Returns Due?
A company files its annual return based on audited financial statements. Returns are submitted electronically, generally by 31 March of the second year after the tax year, with provisional tax paid in instalments during the year.
Who Can File a Tax Return for a Cyprus Company?
A licensed auditor or qualified tax consultant files the return on the company’s behalf, confirming that the return matches the financial statements and complies with applicable rules.
How Does Cyprus Tax Residence Work for Individuals?
You can qualify under the 183-day rule or the 60-day rule. The 60-day route requires a home, local ties, and no more than 183 days spent in any single other country.
Book a Cyprus Tax Advisory Consultation
Book a Cyprus tax advisory consultation to review your corporate structure, VAT obligations, residence position, treaty access, and available deductions. Contact our team for a free, no-obligation discussion.