CY · EuropeUZ · Asia
Cyprus vs Uzbekistan: tax rates compared
Between the two, Cyprus's income tax rate (35%) tops Uzbekistan's (12%) by 23pp. The 200-country average is 28%: Cyprus sits above it, Uzbekistan sits below it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CY | UZ | Difference |
|---|---|---|---|
| Income Tax | 35% | 12% | CY +23 pplargest gap |
| Corporate Tax | 12.5% | 15% | UZ +2.5 pp |
| VAT | 19% | 12% | CY +7 pp |
| Capital Gains Tax | 0% | 12% | UZ +12 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 |
| Uzbekistan | 12% | Source: PWC Worldwide Tax Summaries — Uzbekistan (Individual, Taxes on personal income) · as of 2026-01-16 |
| Difference | +23 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uzbekistan | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2.5 pp | Uzbekistan higher |
Between the two, Uzbekistan's corporate tax rate (15%) tops Cyprus's (12.5%) by 2.5pp. 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 |
| Uzbekistan | 12% | Source: PWC Worldwide Tax Summaries — Uzbekistan (Corporate, Other taxes) · as of 2026-01-16 |
| Difference | +7 pp | Cyprus higher |
Between the two, Cyprus's VAT rate (19%) tops Uzbekistan's (12%) by 7pp. The 181-country average is 15%: Cyprus sits above it, Uzbekistan sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Uzbekistan | 12% | Source: PWC Worldwide Tax Summaries — Uzbekistan (Individual, Taxes on personal income) · as of 2026-01-16 |
| Difference | −12 pp | Uzbekistan higher |
Between the two, Uzbekistan's capital gains tax rate (12%) tops Cyprus's (0%) by 12pp. The 175-country average is 10.3%: Cyprus sits below it, Uzbekistan 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 |
| Uzbekistan | 0% | Source: PWC Worldwide Tax Summaries — Uzbekistan (Individual, Other taxes) · as of 2026-01-16 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cyprus and Uzbekistan both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.