CN · AsiaCY · Europe

China vs Cyprus: tax rates compared

China has an income tax rate of 45%, 10pp above Cyprus's 35%. The 200-country average is 28%: both sit above it. China's figure is dated 2025-12-31 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

0102030405060Income35%45%Corporate12.5%25%VAT13%19%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax CN CYDifference
Income Tax45%35%CN +10 pp
Corporate Tax25%12.5%CN +12.5 pplargest gap
VAT13%19%CY +6 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Cyprus35%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18
Difference+10 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12.5 ppChina higher

China has a corporate tax rate of 25%, 12.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: China sits above it, Cyprus sits below it.

VAT

VAT, side by side
CountryRateSource
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
Cyprus19%Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18
Difference−6 ppCyprus higher

Cyprus has a VAT rate of 19%, 6pp above China's 13%. The 181-country average is 15%: China sits below it, Cyprus sits above it. China's figure is dated 2025-12-31 and Cyprus's 2026-05-18, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
Cyprus0%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Difference0 ppdisplayed rates match

China and Cyprus share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Cyprus's 2026-05-18, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Difference0 ppdisplayed rates match

China and Cyprus share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. China's figure is dated 2025-12-31 and Cyprus's 2026-05-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.