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Albania vs Cyprus
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡¦πŸ‡± Albania
vs
πŸ‡¨πŸ‡Ύ Cyprus
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–23%
EU candidacy aligning tax policy; rates stable
No change
0–35%
35% top; non-dom regime reviewed but maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
20% standard maintained
No change
5–19%
19% standard maintained
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15%; Free Economic Zones offer 0% for qualifying investment
No change
12.5%
12.5% competitive; IP Box reform for Pillar Two compliance
No change
Capital Gains Tax
Capital Gains Tax
15%
15% flat; real estate market growing
No change
20%
20% immovable property; shares exempt
No change
Social Security & Payroll
Social Security / Payroll
~27.9%
Harmonization with EU social security standards ongoing
No change
~23.8%
GeSY system bedding in; contribution rates stable
No change
State, Regional & Local Taxes

πŸ‡¦πŸ‡± Albania β€” Municipal & Local Taxes

Albania's 61 municipalities levy local taxes including business registration tax, simplified income tax for small businesses, and property tax (imposta mbi pasurinΓ« e paluajtshme) at nationally set rates with local administration. Infrastructure impact fees and service fees vary by municipality. Tirana, as the capital, has the highest municipal charges. Albania joined NATO in 2009 and has EU candidate status; tax harmonization with EU standards is ongoing.

πŸ‡¨πŸ‡Ύ Cyprus β€” Municipal & Community Taxes

Cyprus's 5 districts and 30+ municipalities/communities levy local taxes including immovable property tax (at municipal level after national IPT was abolished in 2017), refuse collection fees, and business licences. Nicosia and Limassol have the highest municipal charges. Cyprus is a major international financial centre offering non-dom status (no tax on dividends/interest for non-domiciled residents for 17 years), which attracts wealthy individuals. The IP Box regime offers 2.5% effective tax on qualifying IP income.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Albania vs Cyprus: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡Ύ Cyprus has a higher top income tax rate (0–23% vs 0–35%). πŸ‡¦πŸ‡± Albania is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Albania has a higher consumption tax (20% vs 5–19%).

🏒 Corporate Tax: πŸ‡¨πŸ‡Ύ Cyprus offers a lower corporate rate (12.5% vs 15%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡¦πŸ‡± Albania taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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