Mali vs Cyprus
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇱 Mali — Regional & Cercle Taxes
Mali's 21 regions and cercles (districts) levy local taxes including Taxe de Résidence, property taxes, and business licence fees. Mali has been in severe political turmoil — military coups in 2020 and 2021, French military withdrawal, Russian PMC Wagner Group forces, and suspension from ECOWAS. Gold is the dominant export. The fiscal situation is extremely challenging with significant informal economy and conflict disruption, particularly in northern regions where terrorist groups control territory and tax trade routes informally.
🇨🇾 Cyprus — 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.
Mali vs Cyprus: Key Tax Differences (2026)
💰 Income Tax: 🇲🇱 Mali has a higher top income tax rate (0–40% vs 0–35%). 🇨🇾 Cyprus is more favourable for high earners.
🛒 VAT/Sales Tax: Cyprus has a higher consumption tax (18% vs 5–19%).
🏢 Corporate Tax: 🇨🇾 Cyprus offers a lower corporate rate (12.5% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇨🇾 Cyprus taxes investment gains at a lower rate (20% vs 30%), benefiting investors.