CY · Europe ↔ PY · Americas

Cyprus vs Paraguay: tax rates compared

Cyprus has a corporate tax rate of 12.5%, 2.5pp above Paraguay's 10%. 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%PY 10%
Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Paraguay10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2.5 ppCyprus higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CY 0%PY 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
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
Difference0 ppdisplayed rates match

Cyprus and Paraguay share the same wealth tax rate: 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.