Cyprus vs British Virgin Islands
Corporate Tax Comparison
Time of Update: Cyprus: 4/05/2026 / British Virgin Islands: 4/04/2026
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.
Cyprus vs British Virgin Islands Corporate Tax Comparison
Basic Corporate Tax Comparison
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:
N/A
CIT Payment Due Date:
The relevant tax is due on August 1 of the year following the calendar year.
CIT Payment Due Date:
N/A
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:
N/A
Withholding Tax (WHT)
Cyprus
British Virgin Islands
Resident Withholding Tax (Dividend/Interest/Royalty):
0/17/0
Resident Withholding Tax (Dividend/Interest/Royalty):
0%
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/10
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0%
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Cyprus
British Virgin Islands
General Capital Gain Tax Rate:
20
General Capital Gain Tax Rate:
0%
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:
