TONNAGE TAX RATES FOR QUALIFYING
OWNERS AND CHARTERERS OF CYPRUS AND FOREIGN SHIPS
Net Tonnage | ||||
0-1.000 | 1.001-10.000 | 10.001-25.000 | 25.001-40.001 | >40.000 |
€ 36,50 per 100 NT |
€ 31,03 per 100 NT |
€ 20,08 per 100 NT |
€ 12,78 per 100 NT |
€ 7,30 per 100 NT |
Any residual tonnage of less than 100 units of net tonnage shall be charged proportionally.
Sample calculation of the annual tonnage tax for a 19.538 net tonnage vessel:
1.000 NT : 1.000/100 = 10 x € 36,50 = | € 365,00 | |
9.000 NT : 9.000/100 = 90 x € 31,03 = | € 2.792,70 | |
9.500 NT : 9.500/100 = 95 x € 20,08 = | € 1.907,60 | |
8 NT: 38/100= 0,38 x € 20,08 = | € 7,63 | |
Annual tonnage tax due = | € 5.072,93 |
TONNAGE TAX RATES FOR QUALIFYING
SHIP MANAGERS OF CYPRUS AND FOREIGN SHIPS
Net Tonnage | ||||
0-1.000 | 1.001-10.000 | 10.001-25.000 | 25.001-40.001 | >40.000 |
€ 36,50 per 400 NT |
€ 31,03 per 400 NT |
€ 20,08 per 400 NT |
€ 12,78 per 400 NT |
€ 7,30 per 400 NT |
Any residual tonnage of less than 400 units of net tonnage shall be charged proportionally.
Sample calculation of the annual tonnage tax for a 19.538 net tonnage vessel:
1.000 NT : 1.000/400 = 2.5 x € 36,50 = | € 91,25 | |
9.000 NT : 9.000/100 = 22.5 x € 31,03 = | € 698,17 | |
9.500 NT : 9.500/100 = 23.75 x € 20,08 = | € 476,90 | |
8 NT: 38/100= 0,095 x € 20,08 = | € 1,90 | |
Annual tonnage tax due = | € 1.268,22 |