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Cyprus vs Serbia
Tax Rate Comparison

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

πŸ‡¨πŸ‡Ύ Cyprus
vs
πŸ‡·πŸ‡Έ Serbia
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–35%
35% top; non-dom regime reviewed but maintained
No change
10–20%
Stable; EU accession timeline affecting reform pace
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5–19%
19% standard maintained
No change
10–20%
Standard 20% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
12.5%
12.5% competitive; IP Box reform for Pillar Two compliance
No change
15%
15% competitive; Pillar Two for MNCs
No change
Capital Gains Tax
Capital Gains Tax
20%
20% immovable property; shares exempt
No change
15%
15% flat
No change
Social Security & Payroll
Social Security / Payroll
~23.8%
GeSY system bedding in; contribution rates stable
No change
~37.8%
Reform pending; pension system under pressure
No change
State, Regional & Local Taxes

πŸ‡¨πŸ‡Ύ Cyprus β€” 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.

πŸ‡·πŸ‡Έ Serbia β€” Municipal & City Taxes

Serbia's 145 local self-government units (cities and municipalities) levy local communal taxes including sign/advertisement tax, local utilities contribution, and vehicle fees. Property tax (porez na imovinu) is locally set at 0.1%–0.4% for citizens. Belgrade has higher property tax values than other cities. Corporate income tax is national at 15%. Serbia has EU candidate status and is aligning tax legislation with EU standards. The flat 15% corporate rate and low income tax rates make it competitive in the region.

⚠️ 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 Serbia: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡Ύ Cyprus has a higher top income tax rate (0–35% vs 10–20%). πŸ‡·πŸ‡Έ Serbia is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Serbia has a higher consumption tax (5–19% vs 10–20%).

🏒 Corporate Tax: πŸ‡¨πŸ‡Ύ Cyprus offers a lower corporate rate (12.5% vs 15%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡·πŸ‡Έ Serbia taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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