Corporate Tax Rate

Raw value is the regular statutory corporate income-tax rate in percent for an ordinary resident company with general business activity. Lower is better. VAT, payroll taxes, dividend withholding tax, tax holidays, deductions, minimum taxes and Pillar Two top-up taxes are excluded.
1 Anguilla0 % 0 % 100
1 Bahamas0 % 0 % 100
1 Bahrain0 % 0 % 100
1 Bermuda0 % 0 % 100
1 British Virgin Islands0 % 0 % 100
1 Cayman Islands0 % 0 % 100
1 Marshall Islands0 % 0 % 100
1 Nauru0 % 0 % 100
1 Niue0 % 0 % 100
1 Somalia0 % 0 % 100
1 Turks and Caicos Islands0 % 0 % 100
1 Vanuatu0 % 0 % 100
1 Wallis and Futuna0 % 0 % 100
14 Palau4 % 4 % 90
15 Turkmenistan8 % 8 % 80
16 Barbados9 % 9 % 78
16 Hungary9 % 9 % 78
16 United Arab Emirates9 % 9 % 78
19 Andorra10 % 10 % 75
19 Bosnia and Herzegovina10 % 10 % 75
19 Bulgaria10 % 10 % 75
19 Kosovo10 % 10 % 75
19 Kyrgyzstan10 % 10 % 75
19 Micronesia10 % 10 % 75
19 North Macedonia10 % 10 % 75
19 Paraguay10 % 10 % 75
19 Qatar10 % 10 % 75
19 Timor-Leste10 % 10 % 75
29 Macau12 % 12 % 70
29 Moldova12 % 12 % 70
31 Ireland12.5 % 12.5 % 69
31 Liechtenstein12.5 % 12.5 % 69
33 Switzerland14.9 % 14.9 % 63
33 Albania15 % 15 % 63
33 Cyprus15 % 15 % 63
33 Georgia15 % 15 % 63
33 Gibraltar15 % 15 % 63
33 Iraq15 % 15 % 63
33 Kuwait15 % 15 % 63
33 Maldives15 % 15 % 63
33 Mauritius15 % 15 % 63
33 Montenegro15 % 15 % 63
33 Oman15 % 15 % 63
33 Palestine15 % 15 % 63
33 Serbia15 % 15 % 63
33 Uzbekistan15 % 15 % 63
47 Romania16 % 16 % 60
48 Hong Kong16.5 % 16.5 % 59
49 Lebanon17 % 17 % 58
49 Lithuania17 % 17 % 58
49 San Marino17 % 17 % 58
49 Singapore17 % 17 % 58
53 Armenia18 % 18 % 55
53 Croatia18 % 18 % 55
53 Faroe Islands18 % 18 % 55
53 Ukraine18 % 18 % 55
57 Brunei18.5 % 18.5 % 54
58 Poland19 % 19 % 53
58 Portugal19 % 19 % 53
60 Afghanistan20 % 20 % 50
60 Azerbaijan20 % 20 % 50
60 Belarus20 % 20 % 50
60 Cambodia20 % 20 % 50
60 Chinese Taipei20 % 20 % 50
60 Fiji20 % 20 % 50
60 Finland20 % 20 % 50
60 Iceland20 % 20 % 50
60 Jordan20 % 20 % 50
60 Kazakhstan20 % 20 % 50
60 Laos20 % 20 % 50
60 Latvia20 % 20 % 50
60 Libya20 % 20 % 50
60 Madagascar20 % 20 % 50
60 Russia20 % 20 % 50
60 Saudi Arabia20 % 20 % 50
60 South Sudan20 % 20 % 50
60 Thailand20 % 20 % 50
60 Tunisia20 % 20 % 50
60 Vietnam20 % 20 % 50
60 Yemen20 % 20 % 50
81 Cape Verde20.4 % 20.4 % 49
81 Sweden20.6 % 20.6 % 49
83 Czech Republic21 % 21 % 48
83 Guam21 % 21 % 48
83 Northern Mariana Islands21 % 21 % 48
86 Aruba22 % 22 % 45
86 Botswana22 % 22 % 45
86 Curacao22 % 22 % 45
86 Denmark22 % 22 % 45
86 Estonia22 % 22 % 45
86 Greece22 % 22 % 45
86 Indonesia22 % 22 % 45
86 Myanmar22 % 22 % 45
86 Norway22 % 22 % 45
86 Slovenia22 % 22 % 45
86 Syria22 % 22 % 45
97 Egypt22.5 % 22.5 % 44
98 Austria23 % 23 % 43
98 Israel23 % 23 % 43
98 Tajikistan23 % 23 % 43
101 U.S. Virgin Islands23.1 % 23.1 % 42
101 Japan23.2 % 23.2 % 42
103 Luxembourg23.9 % 23.9 % 40
103 Italy24 % 24 % 40
103 Malaysia24 % 24 % 40
103 Slovakia24 % 24 % 40
107 Angola25 % 25 % 38
107 Antigua and Barbuda25 % 25 % 38
107 Belgium25 % 25 % 38
107 Belize25 % 25 % 38
107 Bhutan25 % 25 % 38
107 Bolivia25 % 25 % 38
107 China25 % 25 % 38
107 Comoros25 % 25 % 38
107 Djibouti25 % 25 % 38
107 Dominica25 % 25 % 38
107 Ecuador25 % 25 % 38
107 Equatorial Guinea25 % 25 % 38
107 France25 % 25 % 38
107 French Guiana25 % 25 % 38
107 Ghana25 % 25 % 38
107 Greenland25 % 25 % 38
107 Guadeloupe25 % 25 % 38
107 Guatemala25 % 25 % 38
107 Guinea-Bissau25 % 25 % 38
107 Guyana25 % 25 % 38
107 Honduras25 % 25 % 38
107 India25 % 25 % 38
107 Iran25 % 25 % 38
107 Ivory Coast25 % 25 % 38
107 Jamaica25 % 25 % 38
107 Korea DPR25 % 25 % 38
107 Korea Republic25 % 25 % 38
107 Lesotho25 % 25 % 38
107 Liberia25 % 25 % 38
107 Mali25 % 25 % 38
107 Martinique25 % 25 % 38
107 Mauritania25 % 25 % 38
107 Mayotte25 % 25 % 38
107 Monaco25 % 25 % 38
107 Mongolia25 % 25 % 38
107 Nepal25 % 25 % 38
107 Panama25 % 25 % 38
107 Philippines25 % 25 % 38
107 Réunion25 % 25 % 38
107 Saint-Martin25 % 25 % 38
107 São Tomé and Príncipe25 % 25 % 38
107 Seychelles25 % 25 % 38
107 Spain25 % 25 % 38
107 Swaziland25 % 25 % 38
107 Tonga25 % 25 % 38
107 Turkey25 % 25 % 38
107 United Kingdom25 % 25 % 38
107 Uruguay25 % 25 % 38
107 Zimbabwe25 % 25 % 38
156 Netherlands25.8 % 25.8 % 36
156 United States25.8 % 25.8 % 36
158 Algeria26 % 26 % 35
159 Canada26.5 % 26.5 % 34
160 Chile27 % 27 % 33
160 Dominican Republic27 % 27 % 33
160 Gambia27 % 27 % 33
160 Samoa27 % 27 % 33
160 South Africa27 % 27 % 33
160 Tahiti27 % 27 % 33
160 Togo27 % 27 % 33
167 Bangladesh27.5 % 27.5 % 31
167 Burkina Faso27.5 % 27.5 % 31
169 Cook Islands28 % 28 % 30
169 Grenada28 % 28 % 30
169 New Zealand28 % 28 % 30
169 Rwanda28 % 28 % 30
169 Saint Vincent and the Grenadines28 % 28 % 30
174 Pakistan29 % 29 % 28
175 Peru29.5 % 29.5 % 26
176 Germany29.9 % 29.9 % 25
176 Australia30 % 30 % 25
176 Benin30 % 30 % 25
176 Burundi30 % 30 % 25
176 Central African Republic30 % 30 % 25
176 Congo30 % 30 % 25
176 Congo DR30 % 30 % 25
176 Costa Rica30 % 30 % 25
176 El Salvador30 % 30 % 25
176 Ethiopia30 % 30 % 25
176 Gabon30 % 30 % 25
176 Haiti30 % 30 % 25
176 Kenya30 % 30 % 25
176 Malawi30 % 30 % 25
176 Mexico30 % 30 % 25
176 Montserrat30 % 30 % 25
176 New Caledonia30 % 30 % 25
176 Nicaragua30 % 30 % 25
176 Niger30 % 30 % 25
176 Nigeria30 % 30 % 25
176 Papua New Guinea30 % 30 % 25
176 Saint Lucia30 % 30 % 25
176 Senegal30 % 30 % 25
176 Sierra Leone30 % 30 % 25
176 Solomon Islands30 % 30 % 25
176 Sri Lanka30 % 30 % 25
176 Tanzania30 % 30 % 25
176 Trinidad and Tobago30 % 30 % 25
176 Tuvalu30 % 30 % 25
176 Uganda30 % 30 % 25
176 Western Sahara30 % 30 % 25
176 Zambia30 % 30 % 25
176 Zanzibar30 % 30 % 25
209 Namibia31 % 31 % 23
210 Mozambique32 % 32 % 20
211 Cameroon33 % 33 % 18
211 Saint Kitts and Nevis33 % 33 % 18
211 Saint Pierre and Miquelon33 % 33 % 18
214 American Samoa34 % 34 % 15
214 Brazil34 % 34 % 15
214 Venezuela34 % 34 % 15
217 Sint Maarten34.5 % 34.5 % 14
218 Argentina35 % 35 % 13
218 Chad35 % 35 % 13
218 Colombia35 % 35 % 13
218 Cuba35 % 35 % 13
218 Eritrea35 % 35 % 13
218 Guinea35 % 35 % 13
218 Kiribati35 % 35 % 13
218 Malta35 % 35 % 13
218 Morocco35 % 35 % 13
218 Sudan35 % 35 % 13
228 Suriname36 % 36 % 10
229 Puerto Rico37.5 % 37.5 % 6

Last rating: June 18th, 2026

How the Raw Value Is Calculated

The raw value is the regular statutory corporate income-tax rate in percent for an ordinary resident company with general business activity. Lower is better because a smaller share of corporate profit is taxed at company level.

Nomadino uses the PwC corporate-income-tax rate overview and the related country profiles as the primary anchor. For OECD and partner countries, the OECD corporate-income-tax rates database and international tax overviews are used as plausibility checks.

Where a country has several rates, Nomadino uses the rate for ordinary companies with general business activity. Special rules for banks, insurance, oil, gas, mining, telecommunications, very small companies, special economic zones or temporary tax holidays are not treated as the standard case.

For distributed-profit systems such as Estonia, Latvia or Georgia, the statutory rate on distributed profits is used. The possible deferral on retained profits is important, but it remains a qualitative feature and is not shown as a 0 percent raw value.

The score is calculated directly from the visible percentage value: 0% receives 100 points, while 40% or more receives 0 points. Between those anchors, the score falls linearly. A country with a 20% corporate tax rate therefore receives 50 points, while a country with 10% receives 75 points.

VAT, payroll taxes, dividend withholding taxes, minimum taxes, loss carryforwards, depreciation rules, investment incentives, tax holidays, global minimum-tax top-ups, tax administration and the actual effective tax burden of individual corporate groups are not included. These issues can matter for businesses, but they remain separate or neighbouring indicators.