New self-employed individuals pay 8.3% for the first year, then 16.6%.
Other income (e.g., investments, rentals) affecting your tax bracket.
Cyprus Self-Employment Taxes (2025): โน๏ธ
Income Tax: 0% up to โฌ19,500; then progressive up to 35%.
GESY: 2.65% on income, capped at โฌ180,000.
Social Insurance: 16.6% (8.3% first year), capped at โฌ62,868.
Expenses: Deductible costs reduce taxable income.
Confirm rates with a tax professional.
Enter your details and click 'Calculate' to see your estimated net income.
Disclaimer: โ ๏ธ This calculator estimates net income for Cyprus self-employed individuals (2025). It excludes special deductions, VAT, or complex income sources. Tax laws may change. Consult a tax advisor for accurate advice.