We use essential cookies to make our site work. With your consent, we may also use analytics cookies. Cookie Policy
Cyprus crypto · Article 20E
Cyprus applies 8% income tax to qualifying crypto disposal gains under Article 20E. We assess residence, transactions and reporting requirements. Non-dom SDC relief does not exempt these gains.
Request a free 30-minute initial consultation.
— WHAT YOU GET
A long holding period or occasional sale does not by itself remove qualifying crypto disposal gains from Article 20E. Non-dom status concerns a separate SDC regime.
Qualifying crypto disposal gains fall under the 8% income-tax rule in Article 20E for individuals and companies. This is not an annual election or an SDC exemption. Mining-derived assets are excluded; other receipts require separate classification.
Cyprus's CySEC operates the EU-passportable CASP / MiCA framework. If you run a crypto-business entity (exchange, brokerage, custody), Cyprus offers full regulatory clarity. We coordinate licensing applications with specialised counsel for clients in scope.
Cyprus banks (Bank of Cyprus, Hellenic, Eurobank) accept crypto-related corporate clients with enhanced KYC. EMI alternatives (Revolut Business, Wise) for faster operational accounts. Source-of-funds documentation is required — we coordinate.
— EVERYTHING INCLUDED
— PROCESS
We review your residence, asset acquisitions, disposals and other income to determine the applicable reporting treatment.
Yellow Slip (EU) or Pink Slip (non-EU), tax residency declaration (60-day or 183-day), non-dom IR.D form. Total approximately 6–10 weeks.
If you're running a crypto business (trading desk, OTC, etc.), we set up a Cyprus Ltd, apply for VASP / CASP registration, open banking with one of the crypto-friendly Cyprus banks.
Annual IR1 personal return, optional Cyprus Ltd compliance (IR4 + audit), transaction-level source-of-funds files maintained for any future audit.
Qualifying crypto disposal gains fall under the 8% income-tax rule in Article 20E for individuals and companies. This is not an annual election or an SDC exemption. Mining-derived assets are excluded; other receipts require separate classification.
— COMMON QUESTIONS
Qualifying crypto disposal gains fall under the 8% income-tax rule in Article 20E for individuals and companies. This is not an annual election or an SDC exemption. Mining-derived assets are excluded; other receipts require separate classification.
Qualifying crypto disposal gains fall under the 8% income-tax rule in Article 20E for individuals and companies. This is not an annual election or an SDC exemption. Mining-derived assets are excluded; other receipts require separate classification.
A stablecoin-to-stablecoin swap can be a disposal. Calculate any gain or loss in EUR; a price peg does not establish a tax exemption.
Rewards and DeFi receipts require separate analysis from subsequent disposal gains. Do not assume that the 8% disposal rule covers every receipt.
Acceptance depends on the provider, activity and source-of-funds review. Confirm current eligibility with the bank or payment provider before relying on an account.
Send your enquiry for a no-obligation initial review.