BD · AsiaCY · Europe
Bangladesh vs Cyprus: tax rates compared
Cyprus has an income tax rate of 35%, 5pp above Bangladesh's 30%. The 200-country average is 28%: both sit above it. Bangladesh's figure is dated 2025-12-18 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BD | CY | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | CY +5 pp |
| Corporate Tax | 27.5% | 12.5% | BD +15 pplargest gap |
| VAT | 15% | 19% | CY +4 pp |
| Capital Gains Tax | 15% | 0% | BD +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 30% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Taxes on personal income) · as of 2025-12-18 |
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Difference | −5 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 27.5% | 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 | +15 pp | Bangladesh higher |
Bangladesh has a corporate tax rate of 27.5%, 15pp above Cyprus's 12.5%. The 201-country average is 22.6%: Bangladesh sits above it, Cyprus sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 15% | Source: PWC Worldwide Tax Summaries — Bangladesh (Corporate, Other taxes) · as of 2025-12-18 |
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Difference | −4 pp | Cyprus higher |
Cyprus has a VAT rate of 19%, 4pp above Bangladesh's 15%. The 181-country average is 15%: Bangladesh matches the world average, Cyprus sits above it. Bangladesh's figure is dated 2025-12-18 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 15% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Income determination) · as of 2025-12-18 |
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Difference | +15 pp | Bangladesh higher |
Bangladesh has a capital gains tax rate of 15%, 15pp above Cyprus's 0%. The 175-country average is 10.3%: Bangladesh sits above it, Cyprus sits below it. Bangladesh's figure is dated 2025-12-18 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 0% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Other taxes / Taxes on personal income) · as of 2025-12-18 |
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Difference | 0 pp | displayed rates match |
Bangladesh and Cyprus share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Bangladesh's figure is dated 2025-12-18 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.