Calculate your Cyprus CT (15%), apply the NID deduction and IP Box regime, and estimate your provisional tax instalments.
Based on your estimated CT. Under-provisioning by more than 25% triggers a 10% penalty on the shortfall.
NID (Notional Interest Deduction): A deduction equal to ~2.5% of new equity (reference rate set annually by Ministry of Finance). Reduces the taxable base. Max 80% of taxable profit.
IP Box: 80% of qualifying profits from intellectual property (patents, software, algorithms) are exempt. The remaining 20% is taxed at 15%, giving an effective rate of 3%.
Pillar 2: The 15% global minimum tax applies only to groups with consolidated revenue exceeding €750M. Most Cyprus SMEs are at 15% as of 2026.