The rate of corporation tax is 10%.  Companies pay corporation tax. Sole traders and partnerships do not pay corporation tax.  All companies that are tax-resident in Cyprus are taxed on income whether it comes from Cyprus or anywhere else in the World.  Companies which are not tax-resident in Cyprus, but have a permanent establishment (office) [...]

A person who spends 183 days or more in a year in Cyprus is considered “tax resident” in Cyprus.  Tax resident pay personal income tax on all income from all sources no matter where in the World it is derived.  Individuals not tax resident in Cyprus are taxed only on income derived from sources in [...]