CY · EuropeYE · Asia
Cyprus vs Yemen: tax rates compared
Cyprus's income tax rate is 15pp higher than Yemen's (35% vs 20%). The 200-country average is 28%: Cyprus sits above it, Yemen sits below it. Cyprus's figure is dated 2026-05-18 and Yemen's 2011-01-01, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CY | YE | Difference |
|---|---|---|---|
| Income Tax | 35% | 20% | CY +15 pplargest gap |
| Corporate Tax | 12.5% | 20% | YE +7.5 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 |
| Yemen | 20% | Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01 |
| Difference | +15 pp | Cyprus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Yemen | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7.5 pp | Yemen higher |
Yemen's corporate tax rate is 7.5pp higher than Cyprus's (20% vs 12.5%). The 201-country average is 22.6%: 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 |
| Yemen | 0% | Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Cyprus's wealth tax rate is identical to Yemen's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.