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Cyprus self-employed tax guides

Plain-English explainers for TaxCalc CY users. Updated May 2026.

FAQ

Is this calculator for employees or self-employed?
TaxCalc CY is built for self-employed workers, freelancers, couriers, and sole proprietors who pay 16.6% social insurance. Employed salary workers use different (lower) employee contribution rates.
How often do I pay social insurance in Cyprus?
Self-employed workers typically follow quarterly cycles with key deadlines in April, July, October, and January, in addition to annual income tax obligations.
What is minimum insurable income (MII)?
If your declared earnings fall below a profession-specific floor, social insurance may still be calculated on that minimum amount — common for couriers and part-time freelancers.

TaxCalc CY — estimates updated May 2026. Self-employed Cyprus tax calculator.