Belarus
5.9/10
69th of 217
Belarus or Cyprus: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Lighter: Belarus, ahead by 0.7 FiScore point.
Cyprus
5.2/10
107th of 217
| Tax | Belarus | Cyprus | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 20% | 15% | +5.0 points |
| Personal income tax top bracket | 13% to 17% | 0% to 35% | −18.0 points |
| VAT standard rate | 20% | 19% | +1.0 points |
Detailed schedules
Corporate income tax
Belarus
| Tax base up to 25 million BYN | 20% |
| Tax base over 25 million BYN since 2024 | 25% |
Cyprus
| General regime since 1 January 2026 | 15% |
| Eligible intellectual property income IP Box regime | 2.5% |