Accounting for doctors & medical practices in Cyprus

Whether you practise as a self-employed doctor or through a company, the key decisions in Cyprus are the same: the right structure (sole trader vs limited company), managing provisional tax and Social Insurance/GHS, and claiming every allowable expense. We look after the compliance so you can focus on patients — and, for relocating consultants, set up non-dom status correctly.

For doctors & medical practices

What we take off your plate

Self-employed vs company

We model both and advise which is more efficient for your income level — including the 15% corporate route for higher earners.

Provisional tax & the 10% surcharge

We estimate and file your provisional tax (31 July / 31 December) so you avoid the 10% under-declaration surcharge.

GHS & Social Insurance

Correct self-employed contributions (16.6% SI on notional income + 4% GHS) and payroll if you employ staff.

Relocating consultants

Non-dom status and the 50% expat exemption for qualifying high earners taking up Cyprus practice.

Frequently asked questions

It depends on income and goals. Self-employed is simpler and taxed under the personal bands (0% up to €22,000); a company gives a flat 15% corporate rate and dividend planning. We model both for your numbers before you decide.

Social Insurance at 16.6% on a notional occupational income, plus GHS at 4% (capped at €180,000 of income). Both are separate from income tax.

Yes — a relocating doctor who becomes Cyprus tax resident is typically a non-dom (0% SDC on dividends/interest), and first Cyprus employment over €55,000 may qualify for the 50% exemption.

Ready to get your numbers in order?

Book a free, no-obligation consultation. We'll review where you stand and show you exactly how we can help your business or personal finances in Cyprus.

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