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Cyprus vs Mali
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇨🇾 Cyprus
vs
🇲🇱 Mali
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–35%
35% top; non-dom regime reviewed but maintained
No change
0–40%
40% top; political transition ongoing
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
5–19%
19% standard maintained
No change
18%
18% TVA maintained
No change

Corporate Tax Rate

Corporate Tax Rate
12.5%
12.5% competitive; IP Box reform for Pillar Two compliance
No change
30%
30%; mining fiscal reform expected
No change

Capital Gains Tax

Capital Gains Tax
20%
20% immovable property; shares exempt
No change
30%
30% as income
No change

Social Security & Payroll

Social Security / Payroll
~23.8%
GeSY system bedding in; contribution rates stable
No change
~26.6%
INPS reform; social protection very limited
No change
State, Regional & Local Taxes

🇨🇾 CyprusMunicipal & 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.

🇲🇱 MaliRegional & 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Cyprus vs Mali: Key Tax Differences (2026)

💰 Income Tax: 🇲🇱 Mali has a higher top income tax rate (0–35% vs 0–40%). 🇨🇾 Cyprus is more favourable for high earners.

🛒 VAT/Sales Tax: Cyprus has a higher consumption tax (5–19% vs 18%).

🏢 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.

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All 🇨🇾 Cyprus comparisons →All 🇲🇱 Mali comparisons →