
Invest Cyprus welcomes the tax reform announced on Wednesday, February 26, 2025, by the President of the Republic of Cyprus, Mr. Nikos Christodoulides, as a significant and necessary step towards modernising and enhancing the competitiveness of the country’s tax system.
The proposed changes create a more favourable, stable, and predictable business environment, further positioning Cyprus as an attractive investment destination.
The reform introduces key advantages for attracting and retaining both foreign and existing investors in Cyprus, further improving the country’s appealing tax framework, including:
- Retention of the Non-Dom regime.
- Incentives for stock options.
- An enhanced IP Box regime, supporting technology and innovation.
- Retention of the 50% tax…