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With its Decision of October 15, 2021, the Council of Ministers approved the introduction of the Digital Nomad Visa Scheme in Cyprus, with a ceiling of 100 residence permits to be issued. On March 3 2022, the Council of Ministers increased the ceiling to 500 residence permits.

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We inform our clients that according to the Cyprus Income Tax Law the dates of submission and payment of the provisional tax for the year 2022 are as follows:

31/07/2022

Submission of return and payment of 1st installment

31/12/2022

Payment of 2nd instalment – last day of revision of provisional tax (if needed)

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The Cyprus Parliament passed into Law the amendments relating to the Special Defence Contribution (SDC) Law, that extent the application of the reduced SDC rate of 3%.

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2022