CY · EuropeSA · Asia
Cyprus vs Saudi Arabia: tax rates compared
Between the two, Cyprus's income tax rate (35%) tops Saudi Arabia's (0%) by 35pp. The 200-country average is 28%: Cyprus sits above it, Saudi Arabia 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
| Tax | CY | SA | Difference |
|---|---|---|---|
| Income Tax | 35% | 0% | CY +35 pplargest gap |
| Corporate Tax | 12.5% | 20% | SA +7.5 pp |
| VAT | 19% | 15% | CY +4 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 8% | 0% | CY +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Taxes on personal income) · as of 2026-01-14 |
| Difference | +35 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saudi Arabia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7.5 pp | Saudi Arabia higher |
Between the two, Saudi Arabia's corporate tax rate (20%) tops Cyprus's (12.5%) by 7.5pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Saudi Arabia | 15% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Corporate, Other taxes) · as of 2020-07-01 |
| Difference | +4 pp | Cyprus higher |
Between the two, Cyprus's VAT rate (19%) tops Saudi Arabia's (15%) by 4pp. The 181-country average is 15%: Cyprus sits above it, Saudi Arabia matches the world average. Cyprus's figure is dated 2026-05-18 and Saudi Arabia's 2020-07-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Income determination) · as of 2026-01-14 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cyprus and Saudi Arabia both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Income determination) · as of 2026-01-14 |
| Difference | +8 pp | Cyprus higher |
Between the two, Cyprus's crypto tax rate (8%) tops Saudi Arabia's (0%) by 8pp. The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Other taxes) · as of 2026-01-14 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cyprus and Saudi Arabia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.