Tax Rate Comparison · 2026

Cyprus vs Greece: Tax Rates Compared

Compare Cyprus and Greece on income tax, corporate tax, VAT, capital gains, and social security. Top income tax: 35% (Cyprus) vs 44% (Greece). Includes take-home pay estimates, special regimes, and expat guidance for 2026.

Country A
Cyprus
Top income tax: 35%
Corporate: 12%
VAT: 19% · CGT: 0%
VS
Country B
Greece
Top income tax: 44%
Corporate: 22%
VAT: 24% · CGT: 15%

Full Tax Rate Comparison

Tax TypeCyprusGreeceLower Rate
Top Income Tax35%44%Cyprus
Bottom Income Tax0%9%Cyprus
Corporate Tax12.5%22%Cyprus
VAT / GST19%24%Cyprus
Capital Gains Tax0%15%Cyprus
Social Security (Emp)8.3%13.9%Cyprus
Dividend Tax2.6%5%Cyprus
Tax Treaties6857Cyprus

Take-Home Pay Estimate

Illustration — €100,000 gross annual income
Cyprus Take-Home
€68,950
Greece Take-Home
€57,530
Annual Difference
+€11,420

Verdict

Overall Tax Burden
Cyprus has a lower overall tax burden
Cyprus scores lower on combined tax burden (21 vs 32). Top income tax: 35% vs 44% in Greece. Corporate: 12.5% vs 22%. Territorial taxation in Cyprus means foreign-source income may be exempt. For high earners and entrepreneurs, Cyprus can offer meaningful tax savings.

Tax System: Territorial vs Worldwide

FactorCyprusGreece
Territorial TaxationYesNo
Digital Nomad VisaYesYes
Wealth TaxNoNo
CFC RulesYesYes

Special Regimes Available

CountryRegimeRate / BenefitDuration
CyprusNon-DomDividends & interest exempt17 years
Greece€100k Lump Sum€100,000/year15 years

Frequently Asked Questions

Which country has lower taxes: Cyprus or Greece?
Cyprus has a top income tax rate of 35% and corporate tax of 12.5%. Greece has 44% and 22% respectively. On €100k gross, estimated take-home is €68,950 in Cyprus vs €57,530 in Greece. Actual liability varies with deductions, residency rules, and individual circumstances.
Is Cyprus or Greece better for expats and digital nomads?
Cyprus uses a territorial tax system and offers the Non-Dom (Dividends & interest exempt, 17 years). Greece uses a worldwide tax system and offers the €100k Lump Sum (€100,000/year, 15 years). The best choice depends on income type, desired residency duration, and lifestyle preferences.
What is the corporate tax difference between Cyprus and Greece?
The statutory corporate tax rate is 12.5% in Cyprus and 22% in Greece. Effective rates can differ significantly due to deductions, loss carry-forwards, and R&D credits. Both countries may offer reduced rates or special regimes for SMEs or qualifying businesses.
Cyprus Full Tax Guide Greece Full Tax Guide More Tax Comparisons Special Tax Regimes
Disclaimer: Rates shown are statutory rates for 2026. Effective rates vary with deductions and individual circumstances. Not tax advice.