Corporate bonds listed on the Vienna Stock Exchange’s MTF Market (“Vienna MTF”) are eligible to benefit from the drastic reduction in the Cyprus Special Defense tax on interest on bonds that are listed on MTF markets to 3% from 17% previously.
This is possible after the passage of the relevant bills by the Plenary of the Cyprus House of Representatives on December 22, 2025. These are part of the tax reform of Cyprus which came into effect from January 1, 2026.
Cyprus tax residents pay a 17% tax on interest earned on privately issued corporate bonds. With the passage of the tax reform bills, the Special Defense tax on interest on bonds that are listed is reduced to 3%. Eurivex Ltd (https://www.eurivex.com/) an EU investment firm regulated by the Cyprus Securities & Exchange Commission (CySEC), license number 114/10 is the leader in helping companies list their corporate bonds on the Vienna MTF.
The most recent listing of corporate bonds that Eurivex acted as the Listing Agent on behalf of a Greek company on the Vienna MTF was completed in record time and at very reasonable cost, far more advantageous than compared to listings on other EU exchanges.
It now makes more sense for already issued bonds to simply list their bonds on the Vienna MTF without changing the terms, to allow the local Cyprus tax resident investors to take advantage of the tax reduction on interest earned.
