CY · EuropeEE · Europe
Cyprus vs Estonia: tax rates compared
Between the two, Cyprus's income tax rate (35%) tops Estonia's (22%) by 13pp. The 200-country average is 28%: Cyprus sits above it, Estonia sits below it. Cyprus's figure is dated 2026-05-18 and Estonia's 2025-01-01, 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
| Tax | CY | EE | Difference |
|---|---|---|---|
| Income Tax | 35% | 22% | CY +13 pp |
| Corporate Tax | 12.5% | 22% | EE +9.5 pp |
| VAT | 19% | 24% | EE +5 pp |
| Capital Gains Tax | 0% | 22% | EE +22 pplargest gap |
| Crypto Tax | 8% | 22% | EE +14 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 |
| Estonia | 22% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +13 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Estonia | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9.5 pp | Estonia higher |
Between the two, Estonia's corporate tax rate (22%) tops Cyprus's (12.5%) by 9.5pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Estonia | 24% | Source: Estonian Tax and Customs Board (EMTA) — Value added tax · as of 2025-07-01 |
| Difference | −5 pp | Estonia higher |
Between the two, Estonia's VAT rate (24%) tops Cyprus's (19%) by 5pp. The 181-country average is 15%: both sit above it. Cyprus's figure is dated 2026-05-18 and Estonia's 2025-07-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Estonia | 22% | Source: PwC Worldwide Tax Summaries — Estonia, Individual - Taxes on personal income · as of 2026-05-29 |
| Difference | −22 pp | Estonia higher |
Between the two, Estonia's capital gains tax rate (22%) tops Cyprus's (0%) by 22pp. The 175-country average is 10.3%: Cyprus sits below it, Estonia sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Estonia | 22% | Source: Estonian Tax and Customs Board (EMTA) — Crypto-assets · as of 2026-02-15 |
| Difference | −14 pp | Estonia higher |
Between the two, Estonia's crypto tax rate (22%) tops Cyprus's (8%) by 14pp. The 88-country average is 13%: Cyprus sits below it, Estonia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Estonia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cyprus and Estonia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.