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WORK PERMIT IN CYPRUS

Documents entitling to work in Cyprus
In Cyprus, various work visas are granted, which give the right to work:
- A – this visa is issued when conducting individual business in agriculture
- B – this type of visa is issued to companies operating in the mining industry
- C – this type of visa is provided for non-employment work in the field of trade
- D – provided for scientific and research activities.
- E – this type of visa is the most popular, because it is provided for employment in the company.
That is, a work permit must be issued to all persons who plan to work in Cyprus.
Are there privileged categories that do not need to obtain additional work permits?
- Accredited journalists and correspondents
- Icon painters
- Highly qualified staff working in companies with a total turnover of more than 1,000,000 million or 100,000 euros and operating within the framework of economic development priorities
- Athletes and coaches of sports teams or independent athletes and coaches
- Citizens of Syria of Cretan origin – Kurds
- Citizens of third parties who are homogeneous to Greek citizenship and nationality.
The work permit is obtained according to this algorithm, you must first find an employer, enter into an employment contract with him, on the basis of which the Cypriot company must obtain a permit and after these stages a person can apply to the consulate for a work visa.

There are also wage requirements – the average salary is 1,932 euros per month for one person.
The minimum wage is set – sellers, nannies, clerks and caretakers can not receive less than 874 euros per month, with a further increase in such a salary – 924 euros.
What documents are required to obtain a work visa?
- Completed and signed questionnaire
- Foreign passport
- Certificate of insanity
- Medical certificate confirming the ability to work and the absence of dangerous diseases
- Certificate of adequate financial security for the stay on the island
- Seal of employment certified by the Ministry of Labor
So, contact our company if you need legal advice, including questions about obtaining a work permit in Cyprus?
- How to work legally in Cyprus?
- What is the difference between work visas
- How to get a work visa in Cyprus?
- Which work visa should you apply for?
- How to hire a citizen of Ukraine?
- Who can work legally in Cyprus?
- How to confirm the legality of entry into Cyprus?
Depending on the type of your business, our specialists will select the best option for obtaining a work permit and help in obtaining it.
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The corporate tax rate in Cyprus was raised to 15%. Doesn't this create problems for Ukrainian business?
On the contrary, it is a strategic advantage. The Tax Code of Ukraine provides for exemption from CFC taxation if the effective rate in the foreign jurisdiction is at least 13%. The 15% rate in Cyprus automatically allows legally exempting the profit of a Cyprus company from additional taxation in Ukraine.
How does the updated IP Box regime for IT companies work?
The Cyprus IP Box applies the Modified Nexus Approach, where the benefit depends on actual development costs. If a company develops software locally, 80% of qualifying profit is exempt from taxes. The 15% corporate tax applies only to the remaining 20% of profit, giving an effective tax rate of 3%.
Is it necessary to pay tax on undistributed profit and the annual company levy?
No. The Deemed Dividend Distribution (DDD) rule was completely abolished for profits generated from January 1, 2026. The annual fixed Annual Levy of €350 was also abolished starting in 2024.
Can I get Cyprus tax residency as a business founder?
Yes, the “60-day rule” applies to business founders. It allows you to obtain tax resident status by staying in Cyprus for only 60 days a year if you own or rent housing, have business ties to the country, and are not a tax resident of another state.
What is Notional Interest Deduction (NID) and who is it suitable for?
NID is a powerful incentive for capital-intensive businesses (e.g., industrial or investment holdings). It allows deducting notional interest on the amount of new equity capital introduced from the taxable base. The deduction amount equals the yield of 10-year government bonds of the country of investment plus 5%. This tool can reduce taxable profit by up to 80%.
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