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    Georgia vs Cyprus: tax compared

    Georgia's headline personal income tax rate is 20% and Cyprus's is 35%. Company tax is 15% in Georgia and 15% in Cyprus. Both figures come from each country's official tax guidance, checked on 12 October 2026 and 2 October 2026.

    Face to face.

    Georgia

    Cyprus

    Personal income tax

    20%Lower

    Flat

    Personal income tax

    35%

    Top marginal rate

    Company tax

    15%

    Company tax

    15%

    Special tax regime: Yes

    Official guidancechecked 12 October 2026

    Special tax regime: Yes

    Official guidancechecked 2 October 2026

    What the headline misses.

    Regional and local taxes, social security, treaty relief and each country's residency test decide what you actually pay. The headline rate is where the comparison starts, not where it ends.

    Questions

    What people ask.

    Straight answers, from the figures above.

    On the headline rate, Georgia (20%) is lower than Cyprus (35%). Local and regional taxes, social security and any special regime can change what you actually pay, so compare your own income before you decide.

    The headline rate is the same in both, 15%. Exemptions, small-profit rates and where the company is managed from change the real figure.

    From each country's official tax guidance, linked on this page and checked on 12 October 2026 and 2 October 2026. Heed rechecks its rates on a rolling schedule and as soon as an official page changes.

    No. Heed is information, not advice. The headline rate is where a comparison starts; a qualified adviser in each country should confirm your position.

    Rules move. Heed watches both.

    Heed follows Georgia and Cyprus from their official sources and tells you when a rule that affects you changes, and the Scenario Planner runs your own income through both.

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