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Self-Employed Tax Calculator

Calculate tax for freelancers and sole traders in Cyprus

Rates updated: August 2026

Office costs, professional fees, software, travel, etc.

Self-Employed Tax at a Glance (2026)

  • Social Insurance: 16.6% of net profit (capped at €68,904/year)
  • GESY: 4% of net profit (capped at €180,000/year)
  • Income Tax: Progressive 0%-35%
  • Total burden: ~20.6% + income tax on taxable profit