AD · EuropeCY · Europe
Andorra vs Cyprus: tax rates compared
Between the two, Cyprus's income tax rate (35%) tops Andorra's (10%) by 25pp. The 200-country average is 28%: Andorra sits below it, Cyprus sits above it. Andorra's figure is dated 2023-01-19 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AD | CY | Difference |
|---|---|---|---|
| Income Tax | 10% | 35% | CY +25 pplargest gap |
| Corporate Tax | 10% | 12.5% | CY +2.5 pp |
| VAT | 4.5% | 19% | CY +14.5 pp |
| Capital Gains Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Andorra | 10% | Source: Consell General (Parliament of Andorra) — Llei 5/2023, del 19 de gener, de mesures per a la reforma de la imposició directa · as of 2023-01-19 |
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Difference | −25 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Andorra | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2.5 pp | Cyprus higher |
Between the two, Cyprus's corporate tax rate (12.5%) tops Andorra's (10%) by 2.5pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Andorra | 4.5% | Source: Butlletí Oficial del Principat d'Andorra (BOPA) — Llei 11/2012, de l'impost general indirecte (text refós) · as of 2014-07-30 |
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Difference | −14.5 pp | Cyprus higher |
Between the two, Cyprus's VAT rate (19%) tops Andorra's (4.5%) by 14.5pp. The 181-country average is 15%: Andorra sits below it, Cyprus sits above it. Andorra's figure is dated 2014-07-30 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Andorra | 0% | Source: Consell General (Andorra) — Butlletí Oficial del Principat d'Andorra (BOPA), Llei 5/2023, del 19 de gener, amending the Personal Income Tax Law (Llei 5/2014), Article 5(k) · as of 2023-01-19 |
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Andorra and Cyprus both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Andorra's figure is dated 2023-01-19 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.