CY · Europe ↔ ES · Europe

Cyprus vs Spain: tax rates compared

Spain has a corporate tax rate of 25%, 12.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: Cyprus sits below it, Spain sits above 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%ES 25%
Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12.5 ppSpain higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CY 0%ES 3.5%
Wealth Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Spain has a wealth tax rate of 3.5%, 3.5pp above Cyprus's 0%. The 193-country average is 0.1%: Cyprus sits below it, Spain sits above it. Cyprus's figure is dated 2026-05-18 and Spain's 2025-12-31, so the two rates come from different data vintages.

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