CY · EuropeZA · Africa
Cyprus vs South Africa: tax rates compared
South Africa has an income tax rate of 45%, 10pp above Cyprus's 35%. The 200-country average is 28%: both sit above 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 | ZA | Difference |
|---|---|---|---|
| Income Tax | 35% | 45% | ZA +10 pp |
| Corporate Tax | 12.5% | 27% | ZA +14.5 pp |
| VAT | 19% | 15% | CY +4 pp |
| Capital Gains Tax | 0% | 18% | ZA +18 pplargest gap |
| Crypto Tax | 8% | 18% | ZA +10 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 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −10 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −14.5 pp | South Africa higher |
South Africa has a corporate tax rate of 27%, 14.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: Cyprus sits below it, South Africa sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +4 pp | Cyprus higher |
Cyprus has a VAT rate of 19%, 4pp above South Africa's 15%. The 181-country average is 15%: Cyprus sits above it, South Africa matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −18 pp | South Africa higher |
South Africa has a capital gains tax rate of 18%, 18pp above Cyprus's 0%. The 175-country average is 10.3%: Cyprus sits below it, South Africa sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| South Africa | 18% | Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20 |
| Difference | −10 pp | South Africa higher |
South Africa has a crypto tax rate of 18%, 10pp above Cyprus's 8%. The 88-country average is 13%: Cyprus sits below it, South Africa sits above 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 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Cyprus and South Africa share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.