Cyprus vs Ghana: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Cyprus	35%	Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18
Ghana	35%	Source: PwC Worldwide Tax Summaries — Ghana, Individual - Taxes on personal income · as of 2026-03-11
Difference	0 pp	displayed rates match

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Cyprus	12.5%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ghana	25%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	−12.5 pp	Ghana higher

Ghana 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, Ghana sits above it.

VAT

VAT, side by side

Country	Rate	Source
Cyprus	19%	Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18
Ghana	15%	Source: Ghana Revenue Authority — VAT · as of 2026-01-01
Difference	+4 pp	Cyprus higher

Cyprus has a VAT rate of 19%, 4pp above Ghana's 15%. The 181-country average is 15%: Cyprus sits above it, Ghana matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side

Country	Rate	Source
Cyprus	0%	Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Ghana	15%	Source: Ghana Revenue Authority — Capital Gains Tax · as of 2026-07-19
Difference	−15 pp	Ghana higher

Ghana has a capital gains tax rate of 15%, 15pp above Cyprus's 0%. The 175-country average is 10.3%: Cyprus sits below it, Ghana sits above it.

Wealth Tax

Wealth Tax, side by side

Country	Rate	Source
Cyprus	0%	Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Ghana	0%	Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-11
Difference	0 pp	displayed rates match

Cyprus and Ghana share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.