Understand Your Personal Tax Position with Confidence
Personal taxation affects almost every financial decision you make.
Whether you are employed, self-employed, a company director, an investor, a retiree or relocating to Cyprus, understanding your personal tax obligations is essential.
The Cyprus Tax Reform, effective from 1 January 2026, has introduced significant changes to personal income tax rates, tax-free thresholds and a wide range of new deductions and incentives for individuals and families.
At Numus, we help individuals understand the legislation, remain fully compliant and structure their affairs efficiently through practical, professional tax advice.
The right advice can help you understand your tax obligations, benefit from available tax deductions and allowances, and plan ahead before making important financial decisions. It can also help you determine your Cyprus tax residency status, structure your affairs efficiently and avoid unexpected tax liabilities.
Every individual's tax position is different.
Our role is to ensure your tax position reflects your personal circumstances while remaining fully compliant with Cyprus tax legislation.
Our services include:
The Cyprus Tax Reform has modernised the personal tax system by increasing the tax-free threshold, revising the income tax bands and introducing several new deductions designed to support individuals, families and long-term investment. The new provisions apply from 1 January 2026.
From 1 January 2026, Cyprus applies progressive income tax rates ranging from 0% to 35%, with the first €22,000 of taxable income exempt from income tax.
The reform introduced new family allowances, housing deductions, green and energy efficiency incentives, and insurance and retirement reliefs, subject to the qualifying conditions.
Individuals may qualify as Cyprus tax residents under either the 183-Day Rule or the 60-Day Rule, subject to the applicable conditions. Following the Tax Reform, the 60-day rule has been simplified by removing the requirement that an individual must not be tax resident in another jurisdiction during the same tax year.
Cyprus continues to offer one of Europe's most attractive Non-Dom regimes. Individuals who qualify for Non-Domicile status may benefit from significant tax advantages, particularly in relation to dividend and interest income, subject to the applicable provisions of the legislation.
Understanding your domicile status is essential when planning your overall tax position.
The interaction between tax residency, domicile status, employment income, foreign income, investment income, GESY contributions and the various tax incentives means that every individual's tax position is unique.
At Numus, we provide practical advice designed around your personal circumstances, not generic tax solutions.
Whether you require assistance with your annual tax return or strategic tax planning before making important financial decisions, our team is here to help.
Whether you need assistance with your annual tax return, tax residency, Non-Dom status or long-term tax planning, our team is here to help.
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