The special contribution for defence applies only to income earned by Cyprus tax residents. Non-tax residents are exempt from special contribution for defence. For further details, please do not hesitate to contact us.
The special contribution for defence rates are as follows:
| Type of Income | Individuals | Legal Entities |
| % | % | |
| Dividend income from Cyprus resident companies | 17 | Nil |
| Dividend income from non-Cyprus resident companies | 17 | Nil (under conditions) |
| Interest income derived in the normal course of business of the company | Nil | Nil |
| Other interest income | 30 | 30 |
| Rental income (reduced by 25%) | 3 | 3 |