CY · EuropeOM · Asia

Cyprus vs Oman: tax rates compared

Cyprus has an income tax rate of 35%, 35pp above Oman's 0%. The 200-country average is 28%: Cyprus sits above it, Oman sits below it.

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

six shared taxes, side by side
Tax	CY	OM	Difference
Income Tax	35%	0%	CY +35 pplargest gap
Corporate Tax	12.5%	15%	OM +2.5 pp
VAT	19%	5%	CY +14 pp
Capital Gains Tax	0%	0%	match
Crypto Tax	8%	0%	CY +8 pp
Wealth Tax	0%	0%	match

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
Oman	0%	Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference	+35 pp	Cyprus higher

Corporate Tax, side by side
Country	Rate	Source
Cyprus	12.5%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Oman	15%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	−2.5 pp	Oman higher

Oman has a corporate tax rate of 15%, 2.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: both sit below it.

VAT, side by side
Country	Rate	Source
Cyprus	19%	Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18
Oman	5%	Source: PWC Worldwide Tax Summaries — Oman (Corporate, Other taxes) · as of 2026-07-07
Difference	+14 pp	Cyprus higher

Cyprus has a VAT rate of 19%, 14pp above Oman's 5%. The 181-country average is 15%: Cyprus sits above it, Oman sits below it.

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
Oman	0%	Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference	0 pp	displayed rates match

Cyprus and Oman share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax, side by side
Country	Rate	Source
Cyprus	8%	Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Oman	0%	Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference	+8 pp	Cyprus higher

Cyprus has a crypto tax rate of 8%, 8pp above Oman's 0%. The 88-country average is 13%: both sit below it.

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
Oman	0%	Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
Difference	0 pp	displayed rates match

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