CY · EuropeGQ · Africa
Cyprus vs Equatorial Guinea: tax rates compared
Cyprus has an income tax rate of 35%, 10pp above Equatorial Guinea's 25%. The 200-country average is 28%: Cyprus sits above it, Equatorial Guinea sits below it. Cyprus's figure is dated 2026-05-18 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CY | GQ | Difference |
|---|---|---|---|
| Income Tax | 35% | 25% | CY +10 pp |
| Corporate Tax | 12.5% | 25% | GQ +12.5 pplargest gap |
| VAT | 19% | 15% | CY +4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Difference | +10 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Equatorial Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −12.5 pp | Equatorial Guinea higher |
Equatorial Guinea has a corporate tax rate of 25%, 12.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: Cyprus sits below it, Equatorial Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Difference | +4 pp | Cyprus higher |
Cyprus has a VAT rate of 19%, 4pp above Equatorial Guinea's 15%. The 181-country average is 15%: Cyprus sits above it, Equatorial Guinea matches the world average. Cyprus's figure is dated 2026-05-18 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Equatorial Guinea | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21 |
| Difference | 0 pp | displayed rates match |
Cyprus and Equatorial Guinea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Cyprus's figure is dated 2026-05-18 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.