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ARTICLE · 20 APRIL 2026

Are Cryptos Taxed In Cyprus?

CYAUSE Audit Services Ltd
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Cyprus has introduced a new cryptocurrency tax framework starting in 2026, establishing an 8% flat tax rate on crypto profits for both individuals and companies. This comprehensive guide explores how crypto assets are taxed, what qualifies as a taxable disposal, and the special rules that apply to mining income and financial products tied to digital assets.

CyprusTax
Kyriakos Tramountanellis
Kyriakos Tramountanellis
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Yes, Cryptos are taxed in Cyprus both personally owned and corporately owned.

Cryptos are taxed like any other income here in Cyprus. So whether you are an individual who trades cryptos or a company who trades cryptos, they will be taxed normally at the applicable tax rates.

How are Individuals taxed?

If you are an individual, the first 22,000 of taxable income will be tax-free, then you will be taxed at a flat rate of 8%. Crypto profits prior to 2026 will be taxed at the personal tax rate of 20%, 25%, 30%, and 35% accordingly.

How are Companies taxed?

If you are trading via a company, you will also be taxed at the 8% flat special crypto corporation tax rate. Crypto profits prior to 2026 will be taxed at the corporate tax rate of 12.5% accordingly and will be subject to special defence tax if applicable.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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