Cyprus vs Bulgaria
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
🇨🇾 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.
🇧🇬 Bulgaria — Municipal Taxes
Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%–0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.
Cyprus vs Bulgaria: Key Tax Differences (2026)
💰 Income Tax: 🇨🇾 Cyprus has a higher top income tax rate (0–35% vs 10%). 🇧🇬 Bulgaria is more favourable for high earners.
🛒 VAT/Sales Tax: Bulgaria has a higher consumption tax (5–19% vs 9–20%).
🏢 Corporate Tax: 🇧🇬 Bulgaria offers a lower corporate rate (10% vs 12.5%), which can influence business location decisions.
📈 Capital Gains: 🇧🇬 Bulgaria taxes investment gains at a lower rate (10% vs 20%), benefiting investors.