BA · EuropeCY · Europe
Bosnia and Herzegovina vs Cyprus: tax rates compared
Cyprus has an income tax rate of 35%, 25pp above Bosnia and Herzegovina's 10%. The 200-country average is 28%: Bosnia and Herzegovina sits below it, Cyprus sits above it.
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 | BA | CY | Difference |
|---|---|---|---|
| Income Tax | 10% | 35% | CY +25 pplargest gap |
| Corporate Tax | 10% | 12.5% | CY +2.5 pp |
| VAT | 17% | 19% | CY +2 pp |
| Capital Gains Tax | 8% | 0% | BA +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bosnia and Herzegovina | 10% | Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Taxes on personal income) · as of 2026-02-19 |
| 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 |
|---|---|---|
| Bosnia and Herzegovina | 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 |
Cyprus has a corporate tax rate of 12.5%, 2.5pp above Bosnia and Herzegovina's 10%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bosnia and Herzegovina | 17% | Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Corporate, Other taxes) · as of 2026-02-19 |
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Difference | −2 pp | Cyprus higher |
Cyprus has a VAT rate of 19%, 2pp above Bosnia and Herzegovina's 17%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bosnia and Herzegovina | 8% | Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Taxes on personal income) · as of 2026-02-19 |
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Difference | +8 pp | Bosnia and Herzegovina higher |
Bosnia and Herzegovina has a capital gains tax rate of 8%, 8pp above Cyprus's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bosnia and Herzegovina | 0% | Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Other taxes) · as of 2026-02-19 |
| 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 |
Bosnia and Herzegovina and Cyprus share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.