Cyprus vs Denmark
Corporate Tax Comparison
Time of Update: Cyprus: 4/05/2026 / Denmark: 4/05/2026
Compare Cyprus and Denmark corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Cyprus vs Denmark Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Cyprus
Denmark
General CIT Rate:
12.5
General CIT Rate:
22
CIT Return Due Date:
Tax due on March 31 of the second year after the calendar year.
CIT Return Due Date:
In general, six months after the end of the fiscal year.
CIT Payment Due Date:
The relevant tax is due on August 1 of the year following the calendar year.
CIT Payment Due Date:
Income for the next fiscal year was received on November 20th.
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:
Two equal installments were made on March 20 and November 20. Additionally, extra taxes can be paid before February 1 of the following year of the income year.
Withholding Tax (WHT)
Cyprus
Denmark
Resident Withholding Tax (Dividend/Interest/Royalty):
0/17/0
Resident Withholding Tax (Dividend/Interest/Royalty):
0/27/22
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/10
None-Resident Withholding Tax (Dividend/Interest/Royalty):
27/27/22
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Cyprus
Denmark
General Capital Gain Tax Rate:
20
General Capital Gain Tax Rate:
Capital gains are constrained by the normal corporate income tax rate.
Effective Tax Rate (ETR)
Cyprus
Denmark
Composite Effective Average Tax Rate:
11.4%
Composite Effective Average Tax Rate:
20.36%
Composite Effective Marginal Tax Rate:
5.92%
Composite Effective Marginal Tax Rate:
14.22%
