WorldTax Compare← All Comparisons

Cyprus vs Belarus
Tax Rate Comparison

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

πŸ‡¨πŸ‡Ύ Cyprus
vs
πŸ‡§πŸ‡Ύ Belarus
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
0–35%
35% top; non-dom regime reviewed but maintained
No change
13%
Flat 13%; EU sanctions continuing to impact
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5–19%
19% standard maintained
No change
20%
20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
12.5%
12.5% competitive; IP Box reform for Pillar Two compliance
No change
20%
20%; IT park incentives continued
No change
Capital Gains Tax
Capital Gains Tax
20%
20% immovable property; shares exempt
No change
13%
13% as income
No change
Social Security & Payroll
Social Security / Payroll
~23.8%
GeSY system bedding in; contribution rates stable
No change
~40%
FSZN; comprehensive state social system
No change
State, Regional & Local Taxes

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.

πŸ‡§πŸ‡Ύ Belarus β€” 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 β€” flat income tax and corporate rates. Significant economic pressure from Western sanctions following 2020 election crisis.

⚠️ 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.

Cyprus vs Belarus: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡Ύ Cyprus has a higher top income tax rate (0–35% vs 13%). πŸ‡§πŸ‡Ύ Belarus is more favourable for high earners.

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

🏒 Corporate Tax: πŸ‡¨πŸ‡Ύ Cyprus offers a lower corporate rate (12.5% vs 20%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡§πŸ‡Ύ Belarus taxes investment gains at a lower rate (13% vs 20%), benefiting investors.

Related Comparisons

πŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡¨πŸ‡¦ CanadaTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡©πŸ‡ͺ GermanyTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡¬πŸ‡· GreeceTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡²πŸ‡Ή MaltaTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡¬πŸ‡§ United KingdomTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡ΊπŸ‡Έ United StatesTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡¦πŸ‡± AlbaniaTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡§πŸ‡¦ Bosnia and HerzegovinaTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡§πŸ‡¬ BulgariaTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡­πŸ‡· CroatiaTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡¨πŸ‡Ώ Czech RepublicTax comparisonπŸ‡¨πŸ‡Ύ Cyprus vs πŸ‡ͺπŸ‡ͺ EstoniaTax comparison