CY · Europe ↔ DM · Americas

Cyprus vs Dominica: tax rates compared

Between the two, Dominica's corporate tax rate (25%) tops Cyprus's (12.5%) by 12.5pp. The 201-country average is 22.6%: Cyprus sits below it, Dominica sits above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%CY 12.5%DM 25%
Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Dominica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12.5 ppDominica higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CY 0%DM 0%
Wealth Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Cyprus and Dominica both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.