Cyprus or Estonia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Estonia, ahead by 0.2 FiScore point.

Tax Cyprus Estonia Gap
Corporate income tax headline rate 15% 22% −7.0 points
Personal income tax top bracket 0% to 35% 22% +13.0 points
VAT standard rate 19% 20% −1.0 points

Detailed schedules

Corporate income tax

Cyprus

General regime since 1 January 2026 15%
Eligible intellectual property income IP Box regime 2.5%

Estonia

Distributed profits 22/78 of net amount paid 22%
Reinvested profits deferred taxation with no time limit 0%
See the Cyprus page See the Estonia page