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Belarus vs Cyprus
Tax Rate Comparison

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

๐Ÿ‡ง๐Ÿ‡พ Belarus
vs
๐Ÿ‡จ๐Ÿ‡พ Cyprus
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
13%
Flat 13%; EU sanctions continuing to impact
No change
0โ€“35%
35% top; non-dom regime reviewed but maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
20% standard
No change
5โ€“19%
19% standard maintained
No change
Corporate Tax Rate
Corporate Tax Rate
20%
20%; IT park incentives continued
No change
12.5%
12.5% competitive; IP Box reform for Pillar Two compliance
No change
Capital Gains Tax
Capital Gains Tax
13%
13% as income
No change
20%
20% immovable property; shares exempt
No change
Social Security & Payroll
Social Security / Payroll
~40%
FSZN; comprehensive state social system
No change
~23.8%
GeSY system bedding in; contribution rates stable
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡พ Belarus โ€” Regional & Local Taxes

Belarus's 6 oblasts and Minsk city have limited independent taxing powers. Local councils set rates for land tax and real estate tax within national parameters. The Ministry of Taxes and Duties administers all national taxes. Belarus operates a largely state-directed economy with close ties to Russia. Under Alexander Lukashenko's government, the tax system has remained relatively simple โ€” flat income tax and corporate rates. Significant economic pressure from Western sanctions following 2020 election crisis.

๐Ÿ‡จ๐Ÿ‡พ Cyprus โ€” 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.

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

Belarus vs Cyprus: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡จ๐Ÿ‡พ Cyprus has a higher top income tax rate (13% vs 0โ€“35%). ๐Ÿ‡ง๐Ÿ‡พ Belarus is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Belarus has a higher consumption tax (20% vs 5โ€“19%).

๐Ÿข Corporate Tax: ๐Ÿ‡จ๐Ÿ‡พ Cyprus offers a lower corporate rate (12.5% vs 20%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡พ Belarus taxes investment gains at a lower rate (13% vs 20%), benefiting investors.

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