Tax comparison · verified October 2026

Cyprus tax vs every other country

🇨🇾 Cyprus against all 52 other jurisdictions Tax Atlas tracks, on the six figures that decide most moves: top income tax, capital gains, dividends, corporate tax, VAT and how foreign income is taxed. Sorted by top income tax, lowest first.

In short
  • Top income tax: 35% · 33 of 52 jurisdictions are lower
  • Corporate tax: 15% · 20 of 52 are lower
  • VAT / sales tax: 19% · 37 of 52 are lower
  • Foreign income: Worldwide · shared by 25 others

The table

Cyprus compared with 52 jurisdictions

CountryTop income taxCapital gainsDividendsCorporateVATForeign incomeSide by side
Anguilla0%0%0%0%0%Exempt–
Antigua & Barbuda0%0%0%25%17%Exempt–
Bahamas0%0%0%0%12%Exempt–
Bahrain0%0%0%0%10%Exempt–
Bermuda0%0%0%0%0%Exempt–
British Virgin Islands0%0%0%0%0%Exempt–
Brunei0%0%0%18.5%0%Exempt–
Cayman Islands0%0%0%0%0%Exempt–
Kuwait0%0%0%0%0%Exempt–
Monaco0%0%0%25%20%Exempt–
Oman0 (5% from 2028)0%0%15%5%Exempt–
Qatar0%0%0%10%5%Exempt–
Saint Kitts & Nevis0%0%0%33%17%Exempt–
Turks and Caicos0%0%0%0%12%Exempt–
United Arab Emirates0%0%0%9%5%ExemptCyprus vs United Arab Emirates
Vanuatu0%0%0%0%15%Exempt–
Andorra10%10%Andorran dividends exempt / foreign 10%10%4.5%Worldwide–
Bulgaria10%10%5%10%20%WorldwideCyprus vs Bulgaria
Paraguay10%10%5%10%10%Territorial–
Hungary15%15%15%9%27%Worldwide–
Hong Kong17%0%0%16.5%0%Territorial–
Georgia20%0%5%15%18%Territorial–
Guernsey20%0%0%0%0%Worldwide–
Jersey20%0%0%0%0%Worldwide–
Mauritius20%0%0%15%15%Worldwide–
Isle of Man21%0%0%0%20%Worldwide–
Estonia22%22%0%22%24%Worldwide–
Singapore24%0%0%17%9%Territorial–
Costa Rica25%0-15%0-15%30%13%Territorial–
Dominican Republic25%27%10% final27%18%Territorial–
Gibraltar25%0%0%12.5%0%Worldwide–
Panama25%10%10%25%7%Territorial–
Malaysia30%0%0%24%8%Territorial–
CyprusThis page35%20%0-5%15%19%Worldwide–
Indonesia35%Varies (final taxes)10% final / exempt if reinvested22%12%Worldwide–
Malta35%0%0-35%35%18%WorldwideCyprus vs Malta
Mexico35%35%10%30%16%Worldwide–
Philippines35%0-15%10%25%12%Territorial–
Thailand35%0%10%20%7%Remittance-based–
Switzerland11.5-36%0%0-35%11.9-20.5%8.1%Worldwide–
Uruguay36%0-12%12%25%22%Territorial–
United States37%0-20%0-20%21%0%Worldwide–
Ireland40%33%0-33%12.5%23%WorldwideCyprus vs Ireland
Italy43%26%26%27.8%22%Worldwide–
Greece44%15%5%22%24%Worldwide–
Australia45%0-45%0-45%30%10%Worldwide–
France45%0-34.5%12.8-34.5%25%20%Worldwide–
Germany45%0-26.375%26.375%30.06%19%Worldwide–
United Kingdom45%18-24%10.75-39.35%25%20%WorldwideCyprus vs United Kingdom
Portugal48%28%28%19%23%WorldwideCyprus vs Portugal
Netherlands49.5%31%24.5-31%25.8%21%Worldwide–
Spain47-54%19-30%19-30%25%21%Worldwide–
Canada33-54.8%0-27%0-47.74%26.2-31%5%Worldwide–

Figures come from each country profile in the Tax Atlas dataset, which cites PwC Worldwide Tax Summaries, tax authorities and the OECD. Ranges are compared by their upper bound. Headline rates leave out reliefs, newcomer regimes and treaty relief, so open each country page for the detail. Not tax advice: verify with a qualified adviser.

Head to head

Detailed Cyprus comparisons

Cyprus tax guide Compare any two countries 2026 tax cheat sheet Filtered country lists

Questions

Frequently asked

How does Cyprus's income tax compare with other countries?+

Cyprus's top personal income tax rate is 35%. 33 of the other 52 jurisdictions Tax Atlas tracks have a lower top rate.

Is Cyprus's corporate tax low by international standards?+

Cyprus's headline corporate rate is 15%. 20 of the other 52 jurisdictions have a lower headline rate. Effective rates depend on reliefs, free zones and the OECD global minimum tax for large groups.

Which countries tax foreign income the same way as Cyprus?+

Cyprus taxes foreign income on a worldwide basis. 25 other jurisdictions use the same basis, including Ireland, Hungary, Bulgaria, Estonia, Switzerland.

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