Cyprus or Trinidad and Tobago: which taxes less?

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

Lighter: Trinidad and Tobago, ahead by 0.3 FiScore point.

Tax Cyprus Trinidad and Tobago Gap
Corporate income tax headline rate 15% 25% −10.0 points
Personal income tax top bracket 0% to 35% 0% to 25% +10.0 points
VAT standard rate 19% 12.5% +6.5 points

Detailed schedules

Corporate income tax

Cyprus

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

Trinidad and Tobago

Profit up to 1 million TTD 25%
Profit over 1 million TTD 30%
Activity tax on revenue Due if exceeding profit tax 0.6%
See the Cyprus page See the Trinidad and Tobago page