What Is the Rental Tax Rate in Northern Cyprus?

If you’re planning to rent out your property in Northern Cyprus, it’s important to be aware of the associated tax obligations:

LONG-TERM RENTAL

The tax rate for long-term rentals ranges from 10% to 13% of the rental amount specified in the contract.
It is crucial to register the rental agreement with the tax office.

SHORT-TERM RENTAL

The tax rate for short-term rentals is also 10% to 13% of the rental price.
When paying the tax at the tax authority, you will need to fill out form V.D.91.

REGISTRATION OF THE CONTRACT

A long-term rental agreement must be registered with the tax office. The registration fee is 350 Turkish Lira.

DOCUMENTATION

• Rental income declaration
• Form V.D.91

FREQUENTLY ASKED QUESTIONS

1. When should I pay rental tax?
   The tax payment should be made by the 15th of the following month after the rental agreement is signed, or immediately for the entire rental period at the time of registration.
2. What should I do if the contract is terminated early?
   You must notify the tax office about the termination of the agreement to avoid further tax accrual and penalties for non-payment.