At KSA Audit & Accounting Firm,
we help you take full advantage of the latest Cyprus tax incentives. The government’s “Minds in Cyprus – Brain Gain Initiative” is a key opportunity for professionals returning from abroad to benefit from a highly attractive tax framework.
Following the amendment to the Cyprus Income Tax Law (Law 17(I)/2026), eligible individuals can now access enhanced tax benefits designed to support both employment and business activity in Cyprus.
25% Tax Exemption in Cyprus
Qualifying individuals can benefit from a 25% tax exemption, up to €25,000 per year.
✔ Applies to employment income
✔ Applies to self-employment and business profits
►This makes Cyprus an ideal destination for relocation, tax planning, and business expansion.
Who Can Apply?
To qualify for this Cyprus tax residency incentive, you must:
- Become a Cyprus tax resident (excluding your first year)
- Start working or operating a business in Cyprus between 2025 – 2030
- Earn at least €30,000 within your first 12 months
- Not have been a Cyprus tax resident for the previous 7 years
- Have previously been a Cyprus tax resident at least once before that period
In addition, you must meet one of the following:
✔ Hold a recognised university degree and have at least 36 months of work experience abroad (within the last 7 years)
OR
✔ Have worked abroad continuously for 7 years (84 months)
Duration of the Benefit
The 25% tax exemption is available:
- in your first year of return
- for the following 6 consecutive tax years ,
►provided your annual income remains above €30,000
►It should be noted that the scheme can be used only once in your lifetime and it cannot be combined with other tax exemptions in Cyprus
Why is KSA the perfect fit for you?
Choosing the right advisor is essential when dealing with Cyprus tax law and incentives
At KSA Audit & Accounting Firm, we provide:
✔ Personalised eligibility assessments
✔ Strategic tax planning and structuring
✔ Full compliance with Cyprus tax regulations
✔ Ongoing accounting and advisory support
►Our goal is simple: to help you maximize your tax benefits while remaining fully compliant.
Contact Us
If you are considering returning to Cyprus or relocating your business, our team is ready to guide you every step of the way.
