Cyprus or Switzerland: which taxes less?

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

Lighter: Cyprus, ahead by 0.8 FiScore point.

Tax Cyprus Switzerland Gap
Corporate income tax headline rate 15% 11.66% to 20.54% −5.5 points
Personal income tax top bracket 0% to 35% 0% to 51% −16.0 points
VAT standard rate 19% 7.7% +11.3 points

Detailed schedules

Corporate income tax

Cyprus

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

Switzerland

Lucerne combined federal, cantonal and communal effective rate 11.66%
Zug 11.71%
Geneva 14.7%
Zurich 19.47%
Bern 20.54%
Multinational groups revenue above €750M, since 2024 15%
See the Cyprus page See the Switzerland page