KTC Business Consultants

The Cyprus IP Box isn't a flat rate, it’s a calculation.

Discover how the Nexus Approach impacts your software tax rate.

Many software and SaaS founders assume that relocating to Cyprus automatically unlocks an effective ~3% corporate tax rate on all software revenue.

While the Cyprus IP Box Regime is one of the most competitive in Europe, the actual tax benefit depends on a specific formula: the OECD Nexus Calculation.
To qualify for maximum tax deduction, your structure must reflect genuine R&D activity and properly categorized income streams.

In our latest article, we break down:
🔹 What assets qualify under copyrighted software
🔹 How the Nexus Fraction formula (Qualifying Expenditure vs. Overall Expenditure) is calculated
🔹 What SaaS revenue counts as qualifying IP profit vs. general service fees
🔹 How to document your R&D in Cyprus to protect your tax position.

Read the full guide on our website:
https://www.ktc.com.cy/news/cyprus-ip-box-nexus-calculation-saas/

Need help modeling your SaaS tax structure or securing a tax ruling? Get in touch with our advisory team:
📞 +357 22 777020
📧 [email protected]

Are you an international professional who recently relocated or is planning a move to Cyprus for your first employment?

You could significantly reduce your income tax burden.
The most popular income tax reduction is the 50% exemption where new Tax residents are eligible. There is also another exemption that many are not aware and is not subject to high earnings.

Under the updated Cyprus tax legislation, eligible individuals can exempt 20% of their salary (up to a maximum of €8,550 per year) from personal income tax.

Key Criteria to Qualify:
First Job: It must be your very first time working in the Republic of Cyprus.
Timeline: Your employment here must have started after July 26, 2022, and up until the year 2027 inclusive.

Prior Residency: You must have lived and worked outside of Cyprus for a non-resident employer for at least 3 consecutive years immediately before starting your new job here.

How long does it last?
The exemption is granted for a total of 7 tax years, beginning from the tax year following the year you started working in Cyprus.

Structuring your relocation correctly ensures you maximize your financial benefits from day one.

Want to check your eligibility or learn about other relocation tax perks (like the 50% exemption)? Talk to our advisory team today.

📞 +357 22 777020
📧 [email protected]
🌐 https://www.ktc.com.cy/

Tax season is officially here. The Cyprus Tax Department has opened the TAXISnet portal for the submission of the 2025 Personal Income Tax Returns. If your gross income for 2025 was over €19,500, you are legally required to file.

Make sure to submit your return and settle any outstanding balances by October 31, 2026 to avoid the €150 late penalty fee.

Let our team handle the paperwork for you in case you need assistance.
Get in touch with a KTC advisor:

📞 +357 22 777020
📧 [email protected]

From deadlines to finish lines! 🥇 For another year, the team swapped the spreadsheets for sneakers. We showed up bigger, stronger, and in better shape than ever... okay, maybe just "bigger" if you count the beers afterwards.🍻

Running under the moon never felt so good (or so long). A huge thank you to the organizers for making this incredible event happen yet again. See you next yeαr!

Cyprus offers one of Europe’s most attractive Non-Domiciled (Non-Dom) tax regimes, allowing qualifying individuals to enjoy full exemption from Special Defence Contribution (SDC) tax on dividends, interest, and rental income for up to 17 years.

Combined with Cyprus’s 60-day tax residency rule, low personal income tax rates, and extensive double tax treaty network, the Non-Dom status makes Cyprus a premier destination for expats, investors, and digital nomads seeking legitimate tax optimisation in 2026.

Continue on this article.
https://www.ktc.com.cy/news/cyprus-non-dom-tax-status-guide/

-dom

Crypto Tax in Cyprus 2026: What Businesses & Investors Need to Know?

Cyprus continues to position itself as an attractive jurisdiction for crypto investors and businesses — but the regulatory landscape is evolving.

Here are some key takeaways.

🔹 No specific crypto tax legislation yet, however existing tax laws apply
🔹 Individuals generally do not pay Capital Gains Tax on crypto trading profits
🔹 Non-Dom residents may receive crypto-derived dividends tax-free
🔹 Cyprus companies are taxed at 8% tax rate on crypto profits
🔹 MiCA is now fully applicable across the EU, introducing new licensing and reporting obligations for crypto businesses

As regulation increases across Europe, proper structuring, compliance and tax planning are becoming more important than ever.

Read the full article here:
https://www.ktc.com.cy/news/crypto-tax-cyprus-2026/

Ψάχνεις την πρώτη σου ουσιαστική εμπειρία στον χώρο της λογιστικής;

Κάνε το πρώτο ουσιαστικό βήμα προς μια καριέρα στο λογιστικό τομέα, αποκτώντας πραγματική εμπειρία σε ένα επαγγελματικό περιβάλλον. Το πρόγραμμα πρακτικής που προσφέρουμε στην KTC, σου δίνει την ευκαιρία να εργαστείς δίπλα σε έμπειρους επαγγελματίες, να κατανοήσεις πώς λειτουργεί ένα λογιστικό γραφείο στην πράξη και να αναπτύξεις δεξιότητες που θα σε βοηθή στην επαγγελματική σου πορεία.

🔹 Τι προσφέρουμε:
• Hands-on εμπειρία με πραγματικούς πελάτες
• Καθοδήγηση από mentor καθ’ όλη τη διάρκεια της άσκησης
• Δομημένη εκπαίδευση και συμμετοχή στην καθημερινότητα του γραφείου
• Ευκαιρία να αναπτύξεις πολύτιμες επαγγελματικές δεξιότητες

🔹 Απευθύνεται σε:
• Φοιτητές αναγνωρισμένων πανεπιστημίων
• Σπουδές σε Λογιστική, Χρηματοοικονομικά, Μαθηματικά ή σε άλλο συναφή κλάδο
• Άτομα με ενδιαφέρον για επαγγελματική πορεία (π.χ. ACCA / ACA)

🔹 Η διαδικασία:
• Αξιολόγηση αιτήσεων
• Προσωπική συνέντευξη

📅 Διάρκεια Πρακτικής Άσκησης: 4 εβδομάδες
💶 Αμοιβή σύμφωνα με τον ισχύοντα κατώτατο μισθό

🚀 Κάνε το πρώτο σου επαγγελματικό βήμα μαζί μας!
📩 Στείλε ηλεκτρονικά την αίτησή σου σήμερα στο: [email protected]

Καλή Ανάσταση και Καλό Πάσχα!

Ευχόμαστε το φως της Ανάστασης να φέρει υγεία, αγάπη και αισιοδοξία σε εσάς και τις οικογένειές σας.

Η ομάδα της KTC.
-
Wishing you a Happy Easter!

May the light of the Resurrection bring health, love and optimism to you and your loved ones.

The KTC Team.

Big news for our team!
We’re excited to share that KTC Business Consultants is now an ACCA Approved Employer Trainee Development.

It’s a big step for us and a reflection of what we truly care about — helping people grow, learn and build their careers.

Proud of the team and excited for what’s ahead.