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Cyprus vs Russia
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‡Ί Russia
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
13–22%
New 5-band progressive system fully in effect
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5–19%
19% standard maintained
No change
20%
20% stable; wartime fiscal pressures
No change
Corporate Tax Rate
Corporate Tax Rate
12.5%
12.5% competitive; IP Box reform for Pillar Two compliance
No change
25%
25% CIT from 2025; defense sector has special rules
No change
Capital Gains Tax
Capital Gains Tax
20%
20% immovable property; shares exempt
No change
13–22%
Progressive rates matching income tax
No change
Social Security & Payroll
Social Security / Payroll
~23.8%
GeSY system bedding in; contribution rates stable
No change
~30%
Contribution ceilings adjusted for high inflation
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‡Ί Russia β€” Regional & Municipal Taxes

Russia's 89 federal subjects (regions, republics, territories) set their own rates for the regional corporate income tax share (within federal bounds: regions get 17% of 20% national rate, can reduce to 12.5%). Property tax is regional, vehicle tax is regional, and transport tax varies by region. Municipal taxes are limited: land tax (0.3%–1.5%) and individual property tax are locally determined within federal parameters. Sanctions have significantly affected the international tax landscape for Russian entities.

⚠️ 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 Russia: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡Ύ Cyprus has a higher top income tax rate (0–35% vs 13–22%). πŸ‡·πŸ‡Ί Russia is more favourable for high earners.

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

🏒 Corporate Tax: πŸ‡¨πŸ‡Ύ Cyprus offers a lower corporate rate (12.5% vs 25%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡¨πŸ‡Ύ Cyprus taxes investment gains at a lower rate (20% vs 22%), benefiting investors.

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