Ranked in The Legal 500 EMEA 2026 for Tax in Cyprus.
From 1 January 2026 the Cyprus corporate income tax rate is 15%. The reform is a reason to review how existing structures hold, finance and distribute profit.
Tax lawyers in Cyprus
From 1 January 2026 the Cyprus corporate income tax rate is 15%, and the wider reform changes how groups should hold, finance and distribute profit through Cyprus. We advise boards, investors and internationally mobile individuals on structures that rest on substance and hold up to scrutiny in every jurisdiction involved.
How we help
- Review of existing Cyprus structures against the 2026 reform
- Holding, financing and IP structures, including substance and decision-making
- Tax residence and non-domicile planning for individuals relocating to Cyprus
- EU minimum tax rules (Pillar Two) for groups within scope
- Real estate tax and VAT on acquisition, development and sale
- Tax rulings, disputes and correspondence with the Tax Department
Selected experience
- Advised on the redomiciliation of more than 200 UK trusts to Cyprus under the Cyprus International Trust framework
- Estate and asset protection structuring for ultra-high-net-worth individuals, including the implementation of trust and tax planning
- Advised financial technology companies on relocating and establishing their headquarters in Cyprus
- Acting for high-net-worth individuals on relocation, tax residence and the associated legal and investment matters in Cyprus
Common questions
What is the Cyprus corporate tax rate in 2026?
From 1 January 2026, the Cyprus corporate income tax rate is 15%, increased from 12.5% as part of a wider tax reform aligning Cyprus with international minimum taxation standards.
What is non-domicile status in Cyprus?
Individuals who become Cyprus tax resident but are not domiciled in Cyprus may be exempt from Special Defence Contribution on dividends and interest, for a limited period and subject to the applicable conditions. The status is often central to relocation planning.
Your contact
Andreas Mylonas, Managing Partner, leads our tax work, with senior-level involvement in every mandate. Ask us to review your structure against the 2026 rules.