Cyprus vs Paraguay
Corporate Tax Comparison
Time of Update: Cyprus: 4/05/2026 / Paraguay: 4/06/2026
Compare Cyprus and Paraguay corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Cyprus vs Paraguay Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Cyprus
Paraguay
General CIT Rate:
12.5
General CIT Rate:
10%
CIT Return Due Date:
Tax due on March 31 of the second year after the calendar year.
CIT Return Due Date:
By the end of the 4th month following fiscal year-end
CIT Payment Due Date:
The relevant tax is due on August 1 of the year following the calendar year.
CIT Payment Due Date:
By the end of the 4th month following fiscal year-end
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:
Quarterly advance payments
Withholding Tax (WHT)
Cyprus
Paraguay
Resident Withholding Tax (Dividend/Interest/Royalty):
0/17/0
Resident Withholding Tax (Dividend/Interest/Royalty):
8/0/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/10
None-Resident Withholding Tax (Dividend/Interest/Royalty):
15/15/15
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Cyprus
Paraguay
General Capital Gain Tax Rate:
20
General Capital Gain Tax Rate:
10%
Effective Tax Rate (ETR)
Cyprus
Paraguay
Composite Effective Average Tax Rate:
11.4%
Composite Effective Average Tax Rate:
9.44%
Composite Effective Marginal Tax Rate:
5.92%
Composite Effective Marginal Tax Rate:
7.00%
