How high are the special defence contributions in Cyprus?
As Cyprus Non-Dom, you are exempt from Cyprus's special defense contributions (SDC).
| Type of income | Income tax | SDC |
|---|---|---|
| Dividends | Exempt | Exempt |
| Interest | Exempt | Exempt |
| Rental Income | Taxable (normal rates) | Exempt |
However, a tax residence domiciled in Cyprus will be subjected to a 0%-3% interest tax rate and 5% for dividends based on the SDC law.
| Type of income | Income tax | SDC |
|---|---|---|
| Dividends | Exempt | 5% |
| Interest | Exempt | 0%-3% |
| Rental Income | Taxable (normal rates) | Exempt |