CY · Europe ↔ NO · Europe

Cyprus vs Norway: tax rates compared

Norway has a corporate tax rate of 22%, 9.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: both sit below 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%NO 22%
Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9.5 ppNorway higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CY 0%NO 1.1%
Wealth Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Norway has a wealth tax rate of 1.1%, 1.1pp above Cyprus's 0%. The 193-country average is 0.1%: Cyprus sits below it, Norway sits above it.

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