Cyprus or U.S. Virgin Islands: 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 U.S. Virgin Islands Gap
Corporate income tax headline rate 15% 21% to 23.1% −8.1 points
Personal income tax top bracket 0% to 35% 10% to 37% −2.0 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%

U.S. Virgin Islands

n/a

See the Cyprus page See the U.S. Virgin Islands page