Compare countries
Malta vs Cyprus: tax compared
Rates checked 12 October 2026
The short answer
Malta's headline personal income tax rate is 35% and Cyprus's is 35%. Company tax is 35% in Malta and 15% in Cyprus. Both figures come from each country's official tax guidance, checked on 12 October 2026 and 2 October 2026.
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Side by side.
- Personal income tax
- 35%Progressive, top rate above €60,000
- 35%Top marginal rate
- Company tax
- 35%Shareholder refunds usually cut it to 5% · 15% (optional final tax, no refunds)
- 15%
- Special tax regime
- Yes
- Yes
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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.
03Questions
What people ask.
Straight answers, from the figures above.
The headline rate is the same in both, 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.
On the headline rate, Cyprus (15%) is lower than Malta (35%). 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 Malta 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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