How dividends are taxed in Cyprus
Dividend income is only taxed with Special Contribution for Defense at the rate of 17%
The persons that are subject to Special Contribution for Defense are:
- Cyprus tax resident companies, and
- Individuals who are tax resident and domiciled in Cyprus
Therefore, if you are the owner of a Cyprus Company and you are not a Cyprus Tax resident or you fall under the category of non-domiciled individuals then you are not liable to any tax on the dividends you receive from your Cyprus company.
You might be liable to tax on dividend income in your home country.