Thailand vs Cyprus
Corporate Tax Comparison
Time of Update: Thailand: 4/04/2026 / Cyprus: 4/05/2026
Compare Thailand and Cyprus corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Thailand vs Cyprus Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Thailand
Cyprus
General CIT Rate:
20%
General CIT Rate:
12.5
CIT Return Due Date:
settled within the same 150-day period
CIT Return Due Date:
Tax due on March 31 of the second year after the calendar year.
CIT Payment Due Date:
settled within the same 150-day period
CIT Payment Due Date:
The relevant tax is due on August 1 of the year following the calendar year.
CIT Estimated Payment Due Date:
due two months after the close of the first six months of the company's accounting period
CIT Estimated Payment Due Date:
Payment in installments of equal amounts on July 31 and December 31 of the relevant tax/calendar year.
Withholding Tax (WHT)
Thailand
Cyprus
Resident Withholding Tax (Dividend/Interest/Royalty):
0/10/3
Resident Withholding Tax (Dividend/Interest/Royalty):
0/17/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
10/15/15
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/10
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Thailand
Cyprus
General Capital Gain Tax Rate:
Capital gains are subject to the normal CIT rate.
General Capital Gain Tax Rate:
20
Effective Tax Rate (ETR)
Thailand
Cyprus
Composite Effective Average Tax Rate:
19.61%
Composite Effective Average Tax Rate:
11.4%
Composite Effective Marginal Tax Rate:
21.74%
Composite Effective Marginal Tax Rate:
5.92%
