CY · Europe ↔ ER · Africa
Cyprus vs Eritrea: tax rates compared
Eritrea's corporate tax rate is 17.5pp higher than Cyprus's (30% vs 12.5%). The 201-country average is 22.6%: Cyprus sits below it, Eritrea sits above it.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Eritrea | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −17.5 pp | Eritrea higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.