Certified Public Accountants | Statutory Auditors & Tax Advisors in Cyprus

Expat Tax Preparation

We never miss a tax deadline.
Why should you?
Your tax filing will be handled by a team of experienced Cyprus certified public tax accountants with years of experience in working with expats from around the world.
Your communication with us is personal, fast and easy. You have direct access to your tax advisor and can always reach us online when you have any questions or need help.
We use a bespoke paperless infrastructure which not only reduces our carbon footprint but also helps us to better protect your tax data and keep communication secure.
Fixed fee
Our pricing is reasonable, transparent and fixed. You will always have the opportunity to consult with your tax advisor before you may decide to work with us.

When do you need to file a tax returns?

You will have to file Cyprus tax returns if you are either:
- Cyprus tax resident, or
- receive Cyprus source income

Who is a Cyprus tax resident?

According to the Income Tax Law, you become Cyprus tax resident in one of the following cases:

183-days rule

You have been physically present in Cyprus for one or more periods exceeding in aggregate 183 days in the same tax year.

60-days rule

You have been physically present in Cyprus for at least 60 days during the tax year and meet all of the following conditions:
  • do not reside in any other single country for a period exceeding 183 days in aggregate, and
  • you are not tax resident of any other country, and
  • carry out business activity in Cyprus or you are an employee or director of a Cyprus tax resident company at any time during the tax year, provided that such is not terminated during the tax year, and
  • own or lease a permanent residential property in Cyprus

What are some key tax benefits for expats?

Foreign individuals who were based overseas and who were not Cyprus tax residents before coming to Cyprus may be entitled to the following tax concessions:
  • 50% exemption of their income for a period of 10 years if their remuneration in Cyprus exceeds €100,000 per year
  • 20% exemption of their income or €8,550 (whichever is lower) for a period of 5 years in case of any employment exercised in Cyprus
  • 5% reduced rate on overseas pension over and above €3,420
  • 100% exemption from Special Defence Contribution (SDC) on dividend, interest and rental income for non-domiciled individuals
  • 100% exemption on remuneration performed outside Cyprus for more than 90 days to a non-Cyprus resident employer
  • Capital gains from the sale of immovable property situated outside Cyprus are exempt from tax
  • No inheritance and gift tax
  • No wealth tax

How are expats taxed in Cyprus?

Expats who are Cyprus tax residents are taxed on their worldwide income. Those who are not Cyprus tax residents are taxed only on the income arising from Cyprus sources.

Expat employees and self-employed individuals have to make social insurance and NHS (Gesy) contributions.
Why use our expat tax services?
We make sure that you comply with all relevant domestic tax legislation. We will also help you avail of any applicable tax reliefs or exemptions whatever your domicile position is.

Our expat tax team keeps abreast of the constantly changing tax legislation so you can rest assured that your tax returns are correct and you do not miss the deadlines.
Our service approach
Every single one of our clients, corporate or private, small or big, local or international, earns the right to the same quality of personal accounting service the moment they choose us.
Our credentials
ACCA (Association of Chartered Certified Accountants)
Association of Chartered Certified Accountants
ICPAC (Institute of Certified Public Accountants of Cyprus)
Institute of Certified Public Accountants of Cyprus

All CPAs are accountants but not all accountants are CPAs. To qualify as a CPA, candidates are required to pass an exam. Most states also require an ethics exam or course, as well as continuing education credits.
– Forbes –
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About us
Quantia Advisors Ltd is a firm of Certified Public Accountants approved and registered to carry on accounting and audit work in Cyprus. Details about our statutory audit and general practice accreditations can be viewed at the Institute of Certified Public Accountants of Cyprus (ICPAC) under reference E264/A/2013 and E264/G/2013, respectively.

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