Namibia 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.
๐ณ๐ฆ Namibia โ Regional Councils & Local Authorities
Namibia's 14 regional councils and local authority councils levy property rates, business licences, and local fees. The Namibia Revenue Agency (NamRA) administers national taxes. Namibia is a significant mining economy โ diamonds (Namdeb/De Beers), uranium (one of world's largest producers), copper. A major TotalEnergies Orange Basin offshore oil discovery is advancing toward production. Non-resident shareholders' tax (NRST) at 10%โ20% applies on dividends. Namibia has one of Africa's more functional tax administrations.
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.
Namibia vs Cyprus: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฆ Namibia has a higher top income tax rate (0โ37% vs 0โ35%). ๐จ๐พ Cyprus is more favourable for high earners.
๐ VAT/Sales Tax: Cyprus has a higher consumption tax (15% vs 5โ19%).
๐ข Corporate Tax: ๐จ๐พ Cyprus offers a lower corporate rate (12.5% vs 32%), which can influence business location decisions.
๐ Capital Gains: ๐ณ๐ฆ Namibia taxes investment gains at a lower rate (0% vs 20%), benefiting investors.