22 Jul 2021
The National Health System ‘’NHS’’ was introduced in Cyprus aiming to provide to the population equal access to a holistic health care system. The obligation for payment of contribution To NHS started from 1 March 2019.
Obligation for payment of contributions to NHS is not only by a resident of Cyprus is for all the people receive income from Cyprus there is no exception for a person that is domiciled or not domiciled in Cyprus.
|
Type of income |
Cyprus Resident and domiciled |
Cyprus Resident and non-domiciled |
Non Cyprus Resident |
Percentage for NHS from 1/3/19-30/5/20 |
Percentage for NHS from 1/6/20 |
|
Interest income from Cyprus |
√ |
√ |
X |
1,7% |
2,65% |
|
Interest income from abroad |
√ |
√ |
X |
||
|
Dividend from Cyprus |
√ |
√ |
X |
||
|
Dividend from abroad |
√ |
√ |
X |
||
|
Deemed dividends |
√ |
√ |
X |
||
|
Rental income from Cyprus* |
√ |
√ |
√ |
||
|
Rental income from abroad |
√ |
√ |
X |
√: obligation to pay NHS
X: no obligation to pay NHS
*If the property is in Cyprus and you received a rental income from this property you have to pay the contributions for NHS does not matter if you are a Cyprus Resident or Not.
| Type of income | Payment of NHS | Tax code-Form to complete |
|---|---|---|
| Dividends paid from a Cyprus company | NHS deducted at source | 703 |
| Deemed dividends paid from a Cyprus company | NHS deducted at source | 723 |
| Other dividends (ex. from abroad) | Self-payment at 30/6 & 31/12 | 713 |
| Rental income from a Cyprus Co | NHS deducted at source | 714 |
| Rental income without deduction at source | Self-payment at 30/6 & 31/12 | 714 |
| Rental income from non-resident without deduction at source | Self-payment at 30/6 & 31/12 | 704 |