CY · Europe ↔ MX · Americas

Cyprus vs Mexico: tax rates compared

Between the two, Mexico's corporate tax rate (30%) tops Cyprus's (12.5%) by 17.5pp. The 201-country average is 22.6%: Cyprus sits below it, Mexico sits above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%CY 12.5%MX 30%
Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−17.5 ppMexico higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CY 0%MX 0%
Wealth Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

There's no gap here — Cyprus and Mexico both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.