Cyprus or Indonesia: which taxes less?

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

Level pegging: Cyprus and Indonesia weigh about the same on the taxpayer.

Tax Cyprus Indonesia Gap
Corporate income tax headline rate 15% 22% −7.0 points
Personal income tax top bracket 0% to 35% 5% to 35% Same rate
VAT standard rate 19% 12% +7.0 points

Detailed schedules

Corporate income tax

Cyprus

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

Indonesia

General rate 22%
Listed companies at least 40% of capital listed and conditions met 19%
Small businesses revenue under 50 Bn IDR, 50% allowance 11%
See the Cyprus page See the Indonesia page