International Comparison March 2019

Page 17

Cyprus INDIVIDUALS HOUSE

(residential)

(Personal Income Tax) Tax rate Tax form Formal obligations Others Corporate Income Tax (CIT) Tax rate

HOUSE

(vacation)

INDIVIDUALS NON RESIDENTS EU/REST

EU/REST

BUSINESS HOUSE PREMISES (residential)

(vacation)

Personal Income Tax (PIT)

HOUSE

COMPANIES/LEGAL ENTITIES

EU/REST BUSINESS HOUSE PREMISES (residential)

Personal Income Tax (PIT)

HOUSE

(vacation)

NON RESIDENT COMPANIES/ LEGAL ENTITIES EU/REST

EU/REST

EU/REST

BUSINESS HOUSE PREMISES (residential)

(vacation)

HOUSE

BUSINESS PREMISES

Personal Income Tax (PIT)

Personal Income Tax (PIT)

Defence fund on gross rent less 25% from the rent income * 3% Form 601 X

Defence fund on gross rent less 25% from the rent income * 3% Form 601 X

Defence fund on gross rent less 25% from the rent income * 3% Form 601 X

Defence fund on gross rent less 25% from the rent income * 3% Form 601 X

Corporate Income Tax (CIT)

Corporate Income Tax (CIT)

Corporate Income Tax (CIT)

Corporate Income Tax (CIT)

12,5%

12,5%

Tax form Formal obligations Others VAT Tax rate

VAT

VAT

VAT

VAT 19%

VAT

VAT 19%

Tax form Formal obligations Registration

Tax Authorities/VAT Department

Tax Authorities/VAT Department

Waving tax exemption

Zathea - Zoe www.zathea.com.cy INTERNATIONAL COMPARISON. March 2019

www.auren.com

-

17


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.