KY · AmericasCY · Europe
Cayman Islands vs Cyprus: tax rates compared
Between the two, Cyprus's income tax rate (35%) tops Cayman Islands's (0%) by 35pp. The 200-country average is 28%: Cayman Islands sits below it, Cyprus sits above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | KY | CY | Difference |
|---|---|---|---|
| Income Tax | 0% | 35% | CY +35 pplargest gap |
| Corporate Tax | 0% | 12.5% | CY +12.5 pp |
| VAT | 0% | 19% | CY +19 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 8% | CY +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cayman Islands | 0% | Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29 |
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Difference | −35 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cayman Islands | 0% | 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 | −12.5 pp | Cyprus higher |
Between the two, Cyprus's corporate tax rate (12.5%) tops Cayman Islands's (0%) by 12.5pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cayman Islands | 0% | Source: PWC Worldwide Tax Summaries — Cayman Islands (Corporate, Other taxes) · as of 2026-05-29 |
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Difference | −19 pp | Cyprus higher |
Between the two, Cyprus's VAT rate (19%) tops Cayman Islands's (0%) by 19pp. The 181-country average is 15%: Cayman Islands sits below it, Cyprus sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cayman Islands | 0% | Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29 |
| 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 — Cayman Islands and Cyprus both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cayman Islands | 0% | Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29 |
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Difference | −8 pp | Cyprus higher |
Between the two, Cyprus's crypto tax rate (8%) tops Cayman Islands's (0%) by 8pp. The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cayman Islands | 0% | Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Other taxes) · as of 2026-05-29 |
| 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 |
There's no gap here — Cayman Islands and Cyprus both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.