Cyprus
7.5/10
33rd of 217
Cyprus or Saudi Arabia: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Level pegging: Cyprus and Saudi Arabia weigh about the same on the taxpayer.
Saudi Arabia
7.4/10
37th of 217
| Tax | Cyprus | Saudi Arabia | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 15% | 20% | −5.0 points |
| Personal income tax top bracket | 0% to 35% | 0% | +35.0 points |
| VAT standard rate | 19% | 15% | +4.0 points |
Detailed schedules
Corporate income tax
Cyprus
| General regime since 1 January 2026 | 15% |
| Eligible intellectual property income IP Box regime | 2.5% |
Saudi Arabia
| Share of profit for foreign partners | 20% |
| Share for Saudi or Gulf partners zakat, based on equity | 2.5% |
| Oil and gas up to 85% depending on concession | n/a |
- Cyprus : kpmg.com
- Cyprus : ibccs.tax
- Saudi Arabia : vision2030.ai