Tax Report

Cypriot Tax Resident Individual

An individual is a tax resident in Cyprus for income tax purposes if he/she stays physically in Cyprus for a period or periods exceeding 183 days in aggregate during a tax year.

As from 1.1.2017 an individual may also be considered as tax resident of Cyprus for income tax purposes, provided that the following conditions are cumulatively met:

• he/she remains in Cyprus for at least 60 days during the tax year
• he/she does not remain in any other state for one or more periods which altogether exceed 183 days in the same tax year
• he/she is not tax resident in any other state for the same tax year
• he/she pursues any business in Cyprus and/or he/she works in Cyprus and/or he/she is a director in a company tax resident in Cyprus at any time during the tax year