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What will my company really pay in Cyprus?

Updated 2026Correct as at 20 October 2026

Corporate tax and GESY on distributed profit for a Non-Dom owner, next to what the same profit costs where you are now.

How it works

Cyprus at a glance

Cyprus taxes corporate profits at 15% (from 1 January 2026). Distributions to a Non-Dom shareholder attract 0% dividend tax; only 2.65% GESY applies, and the contribution base is capped at €180,000, so the effective rate falls as profit grows.

The headline figure is the effective tax on distributed profit for a Non-Dom resident who draws no salary. Director salary and personal income tax are outside it, and Non-Dom status follows tax residency; it is not the starting point.

Effective Tax Rate

Your effective tax rate in Cyprus

€
17.25%
effective tax on distributed profit, Non-Dom resident, no salary drawn
Corporate tax (15%)€30,000
GESY (2.65% on the distribution; contribution base capped at €180,000 of the distribution)€4,505
Total tax€34,505
United Kingdom€91,537 (45.77%)
United Kingdom
Cyprus€34,505 (17.25%)
Cyprus
You keep
€57,032
more every year

United Kingdom: corporate tax €48,547 and dividend tax €42,990 (£40,879 and £36,200). Corporation tax 19% up to £50,000 of profit and 25% above £250,000, with marginal relief in between. Dividends, 2026/27 rates: £12,570 personal allowance (withdrawn between £100,000 and £125,140), £500 dividend allowance, then 10.75% (basic rate), 35.75% above £50,270 (higher rate) and 39.35% above £125,140 (additional rate).

Assumes a single owner resident in the United Kingdom, with no other income, who takes all profit after corporate tax as a dividend. Converted at €1 = £0.84205 (ECB reference rate, 19 October 2026). Rates checked 20 October 2026. Corporation Tax rates (GOV.UK) ↗ · Tax on dividends (GOV.UK) ↗

This is an estimate, not advice. The Cyprus figure is corporate tax plus GESY on the distributed profit for a Non-Dom resident who draws no salary. It excludes director salary and personal income tax, which change the picture. Non-Dom status can only be obtained after Cyprus tax residency is established. GESY is charged at 2.65% on the dividend distribution (the profit left after corporate tax), and the contribution base is capped at €180,000 of that distribution, so it can never exceed €4,770 a year. Your exact position is confirmed on a call.

This tool gives an estimate, not advice. It uses the 2026 rates and rules as we understand them at the date shown; your own position depends on facts a calculator cannot see, and is confirmed on a call. All tools →