Cyprus
Tonnage Tax
EU-approved alternative to corporate income tax for qualifying shipping activities. Calculate your estimated tax below.
Tonnage Tax Calculator
Estimate your annual Cyprus Tonnage Tax
As per vessel registration documents
Enter Vessel Details
Fill in the form to calculate your estimated tax
How Cyprus Compares
Tonnage tax rates across jurisdictions
Rates are approximate and may vary. Contact professionals for exact comparisons.
Current Rates (2026)
Annual tonnage tax rates by net tonnage tier
| Net Tonnage Range | Rate (€/100 NT/year) |
|---|---|
| 0 — 1,000 NT | €36.50 |
| 1,001 — 10,000 NT | €31.03 |
| 10,001 — 25,000 NT | €20.08 |
| 25,001 — 40,000 NT | €12.78 |
| 40,001 — ∞ NT | €7.30 |
Green Discount: Up to 30% for vessels with alternative fuels or emission reduction.
Benefits
Why choose Cyprus Tonnage Tax
EU Approved
Legal certainty, EU state aid compliant
Predictable Costs
Based on tonnage, not profits
Green Incentives
Up to 30% eco-friendly discount
All Vessel Types
Cargo, tankers, passengers, offshore
Long-term Certainty
Scheme extended until 2030
Simple Admin
Straightforward reporting to DMS
Who Can Apply?
Eligibility for Cyprus Tonnage Tax
Ship owners with Cyprus-flagged vessels
Ship managers (crew & technical management)
Charterers in qualifying activities
Companies with qualifying shipping income
Need Help?
Our network of maritime lawyers and tax advisors can assist with registration and optimization.
Get Expert AdviceReady to optimize your tax?
Contact us for personalized assistance with Cyprus Tonnage Tax registration and optimization.