Slovakia 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
🇸🇰 Slovakia — Municipal Property & Business Taxes
Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daň z nehnuteľností) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.
🇨🇾 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.
Slovakia vs Cyprus: Key Tax Differences (2026)
💰 Income Tax: 🇨🇾 Cyprus has a higher top income tax rate (19–25% vs 0–35%). 🇸🇰 Slovakia is more favourable for high earners.
🛒 VAT/Sales Tax: Slovakia has a higher consumption tax (5–20% vs 5–19%).
🏢 Corporate Tax: 🇨🇾 Cyprus offers a lower corporate rate (12.5% vs 21%), which can influence business location decisions.
📈 Capital Gains: 🇨🇾 Cyprus taxes investment gains at a lower rate (20% vs 25%), benefiting investors.