Corporate Tax Comparison

Cyprus vs British Virgin Islands

Compare Cyprus and British Virgin Islands corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Time of Update — Cyprus: 4/05/2026 · British Virgin Islands: 4/04/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Cyprus

British Virgin Islands

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Time of Update — Cyprus: 4/05/2026 · British Virgin Islands: 4/04/2026

Corporate Income Tax (CIT)

Cyprus

British Virgin Islands

General CIT Rate:

12.5

General CIT Rate:

The British Virgin Islands does not impose a corporate income tax on businesses. This tax-free environment is a significant reason why the BVI is an attractive destination for international businesses https://tradecouncil.org/corporate-income-tax-in-the-british-virgin-islands/

CIT Return Due Date:

Tax due on March 31 of the second year after the calendar year.

CIT Return Due Date:

CIT Payment Due Date:

The relevant tax is due on August 1 of the year following the calendar year.

CIT Payment Due Date:

CIT Estimated Payment Due Date:

Payment in installments of equal amounts on July 31 and December 31 of the relevant tax/calendar year.

CIT Estimated Payment Due Date:

Withholding Tax (WHT)

Cyprus

British Virgin Islands

Resident Withholding Tax (Dividend/Interest/Royalty):

0/17/0

Resident Withholding Tax (Dividend/Interest/Royalty):

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

0/0/10

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

Value-Added Tax (VAT)

Cyprus

British Virgin Islands

General VAT Rate:

Learn More

Value-Added Tax (VAT)

General VAT Rate:

Learn More

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Cyprus

British Virgin Islands

General Capital Gain Tax Rate:

Effective Tax Rate (ETR)

Cyprus

British Virgin Islands

Composite Effective Average Tax Rate:

11.4%

Composite Effective Average Tax Rate:

Composite Effective Marginal Tax Rate:

5.92%

Composite Effective Marginal Tax Rate:

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