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Cyprus vs Dominican Republic: tax rates compared

Cyprus's income tax rate is 10pp higher than Dominican Republic's (35% vs 25%). The 200-country average is 28%: Cyprus sits above it, Dominican Republic sits below it. Cyprus's figure is dated 2026-05-18 and Dominican Republic's 2025-12-05, so the two rates come from different data vintages.

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

0102030405060Income25%35%Corporate12.5%27%VAT18%19%Capital Gains0%25%Crypto8%25%Wealth Tax0%
six shared taxes, side by side
Tax CY DODifference
Income Tax35%25%CY +10 pp
Corporate Tax12.5%27%DO +14.5 pp
VAT19%18%CY +1 pp
Capital Gains Tax0%25%DO +25 pplargest gap
Crypto Tax8%25%DO +17 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cyprus35%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Difference+10 ppCyprus higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Dominican Republic27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14.5 ppDominican Republic higher

Dominican Republic's corporate tax rate is 14.5pp higher than Cyprus's (27% vs 12.5%). The 201-country average is 22.6%: Cyprus sits below it, Dominican Republic sits above it.

VAT

VAT, side by side
CountryRateSource
Cyprus19%Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18
Dominican Republic18%Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05
Difference+1 ppCyprus higher

Cyprus's VAT rate is 1pp higher than Dominican Republic's (19% vs 18%). The 181-country average is 15%: both sit above it. Cyprus's figure is dated 2026-05-18 and Dominican Republic's 2025-12-05, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Difference−25 ppDominican Republic higher

Dominican Republic's capital gains tax rate is 25pp higher than Cyprus's (25% vs 0%). The 175-country average is 10.3%: Cyprus sits below it, Dominican Republic sits above it. Cyprus's figure is dated 2026-05-18 and Dominican Republic's 2025-12-05, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Cyprus8%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Dominican Republic25%Source: Dirección General de Impuestos Internos (DGII) — Consulta 6, Tratamiento fiscal para las criptomonedas · as of 2021-12-23
Difference−17 ppDominican Republic higher

Dominican Republic's crypto tax rate is 17pp higher than Cyprus's (25% vs 8%). The 88-country average is 13%: Cyprus sits below it, Dominican Republic sits above it. Cyprus's figure is dated 2026-05-18 and Dominican Republic's 2021-12-23, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Dominican Republic0%Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05
Difference0 ppdisplayed rates match

Cyprus's wealth tax rate is identical to Dominican Republic's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Cyprus's figure is dated 2026-05-18 and Dominican Republic's 2025-12-05, so the two rates come from different data vintages.