Albania vs Cyprus
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฆ๐ฑ Albania โ Municipal & Local Taxes
Albania's 61 municipalities levy local taxes including business registration tax, simplified income tax for small businesses, and property tax (imposta mbi pasurinรซ e paluajtshme) at nationally set rates with local administration. Infrastructure impact fees and service fees vary by municipality. Tirana, as the capital, has the highest municipal charges. Albania joined NATO in 2009 and has EU candidate status; tax harmonization with EU standards is ongoing.
๐จ๐พ Cyprus โ 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.
Albania vs Cyprus: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐พ Cyprus has a higher top income tax rate (0โ23% vs 0โ35%). ๐ฆ๐ฑ Albania is more favourable for high earners.
๐ VAT/Sales Tax: Albania has a higher consumption tax (20% vs 5โ19%).
๐ข Corporate Tax: ๐จ๐พ Cyprus offers a lower corporate rate (12.5% vs 15%), which can influence business location decisions.
๐ Capital Gains: ๐ฆ๐ฑ Albania taxes investment gains at a lower rate (15% vs 20%), benefiting investors.