An Indian who spends fewer than 182 days in India in the tax year is generally non-resident and taxed in India only on Indian income. Cyprus taxes its residents on worldwide income, subject to its own regimes. The India and Cyprus treaty allocates taxing rights and allows credit for tax paid in the other country, with a tax residence certificate and Form 10F.
- Document route
- Cypriot certifying officer and apostille, or Indian High Commission attestation
- Time difference
- IST is 2h30 ahead of Cyprus in summer and 3h30 in winter
- Law
- Income-tax Act 2025, from 1 April 2026
- Main test
- 182 days in the tax year
NRI Income Tax & DTAA from Cyprus: how it works
We determine your residence status, prepare and file your Indian return, claim refunds of excess TDS, apply for lower deduction certificates on sales or rent, and respond to notices.
We coordinate with your Cypriot adviser so that Indian tax is credited properly in Cyprus, and advise on the timing of property sales and share disposals in light of the treaty.
For those planning to return to India, we advise on "resident but not ordinarily resident" status to keep foreign income out of Indian tax for a period.
If you have Indian shares or mutual funds, we explain how capital gains are taxed in India under the 2016 treaty and how withholding applies on redemption for non-residents.
What clients in Cyprus should know
- Keep a record of days in India.
- Obtain a Cypriot tax residence certificate each year.
- File Indian returns to claim refunds.
Step by step from Cyprus
Video consultation
A call at a time that suits Cyprus, after we have read your documents.
Documents signed in Cyprus
Cypriot certifying officer and apostille, or Indian High Commission attestation
Work in India
Our team files, appears and follows up in India, and shares scans of everything filed.
Result and handover
Certified copies and originals are couriered to you in Cyprus where needed.
The full guide
This page covers what changes when you are in Cyprus. For the law, the documents and the step-by-step procedure, read our main page on NRI Income Tax & DTAA, or see all services for clients in Cyprus and the Cross-Border Tax & Money practice area.
Questions from clients in Cyprus
Is my Cyprus salary taxable in India?
No, while you are non-resident.
Can I claim credit in Cyprus for Indian tax?
Generally yes, under the treaty.
Is NRE interest taxable in India?
No, while you are non-resident.
Are my Indian mutual fund gains taxed in India?
Generally yes, with tax deducted at source for non-residents.