Greece vs Cyprus
Corporate Tax Comparison
Time of Update: Greece: 4/04/2026 / Cyprus: 4/05/2026
Compare Greece and Cyprus corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Greece vs Cyprus Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Greece
Cyprus
General CIT Rate:
22
General CIT Rate:
12.5
CIT Return Due Date:
The last day of the sixth month after the end of the tax year.
CIT Return Due Date:
Tax due on March 31 of the second year after the calendar year.
CIT Payment Due Date:
December (assuming fiscal year ends on December 31 of the previous year and taxes are paid in installments).
CIT Payment Due Date:
The relevant tax is due on August 1 of the year following the calendar year.
CIT Estimated Payment Due Date:
Six months of equal installment payments.
CIT Estimated Payment Due Date:
Payment in installments of equal amounts on July 31 and December 31 of the relevant tax/calendar year.
Withholding Tax (WHT)
Greece
Cyprus
Resident Withholding Tax (Dividend/Interest/Royalty):
5/15/20
Resident Withholding Tax (Dividend/Interest/Royalty):
0/17/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
5/15/20
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/10
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Greece
Cyprus
General Capital Gain Tax Rate:
Unless exempted, capital gains are subject to the regular CIT tax rate.
General Capital Gain Tax Rate:
20
Effective Tax Rate (ETR)
Greece
Cyprus
Composite Effective Average Tax Rate:
21.05%
Composite Effective Average Tax Rate:
11.4%
Composite Effective Marginal Tax Rate:
20.07%
Composite Effective Marginal Tax Rate:
5.92%
