Country rankings

Tax-Free Countries

Suriname has the highest Corporate Tax Rates (36.0%), followed by Colombia (35.0%) and Sudan (35.0%). Marshall Islands has the lowest (3%).

Corporate Tax RatesBetter directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →
193 of 235 countries

Corporate Tax Rates

Green is better, red is worse (lower is better). Click a place to highlight it.

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Ranking

Best first: the first 15 and last 5 of 193 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
25.0%
Middle half 20.0% – 30.0%
Average
23.2%
193 countries
Lowest (best)
3%
Micronesia
Highest (worst)
36.0%
Suriname

Data

Click a column to sort, a row to highlight that place on the charts.

202 countries · # = rank by Corporate Tax Rates
#
1MicronesiaTaxes10.0%No TaxNo TaxNo TaxNo Tax3%
1Marshall IslandsTaxes12.0%No TaxNo TaxNo TaxNo Tax3%
3PalauTaxes12.0%10.0%No TaxNo TaxNo Tax4%
4BarbadosTaxes28.5%17.5%No TaxNo TaxNo Tax5.5%
18LiechtensteinTaxes22.4%8.1%No Tax0.9%No Tax12.5%
—BahamasTaxes, but no Income TaxNo Tax10.0%No TaxNo Tax—No Tax
—VanuatuTaxes, but no Income TaxNo Tax15.0%No TaxNo TaxNo TaxNo Tax
—Cayman IslandsNo taxesNo TaxNo TaxNo TaxNo TaxNo TaxNo Tax
—Turks and Caicos IslandsNo taxesNo TaxNo TaxNo TaxNo TaxNo TaxNo Tax
—British Virgin IslandsNo taxesNo TaxNo TaxNo TaxNo TaxNo TaxNo Tax
—NauruNo taxesNo TaxNo TaxNo TaxNo TaxNo TaxNo Tax
—TuvaluNo taxesNo TaxNo TaxNo TaxNo TaxNo TaxNo Tax
5MontenegroTaxes15.0%21.0%15.0%No Tax15.0%9%
—BahrainTaxes, but no Income TaxNo Tax10.0%No TaxNo TaxNo TaxNo Tax
5United Arab EmiratesTaxes, but no Income TaxNo Tax5%No TaxNo TaxNo Tax9%
5HungaryTaxes15.0%27.0%15.0%No Tax15.0%9%
8KyrgyzstanTaxes10.0%12.0%10.0%No TaxNo Tax10.0%
8ParaguayTaxes10.0%10.0%10.0%No TaxNo Tax10.0%
8BulgariaTaxes10.0%20.0%10.0%No Tax10.0%10.0%
8QatarTaxes, but no Income TaxNo TaxNo Tax10.0%No TaxNo Tax10.0%
8Bosnia and HerzegovinaTaxes10.0%17.0%10.0%No Tax10.0%10.0%
8North MacedoniaTaxes10.0%18.0%10.0%No Tax10.0%10.0%
8Timor-LesteTaxes10.0%2.5%10.0%No TaxNo Tax10.0%
8AndorraTaxes10.0%4.5%No TaxNo TaxNo Tax10.0%
16MoldovaTaxes12.0%20.0%12.0%No Tax12.0%12.0%
16MacauTaxes12.0%No TaxNo TaxNo TaxNo Tax12.0%
18IrelandTaxes52.0%23.0%33.0%No Tax33.0%12.5%
20TajikistanTaxes13.0%15.0%13.0%No TaxNo Tax13.0%
21IraqTaxes15.0%No Tax15.0%No TaxNo Tax15.0%
21UzbekistanTaxes12.0%12.0%12.0%No Tax12.0%15.0%
21SomaliaTaxes30.0%5%No TaxNo TaxNo Tax15.0%
21TunisiaTaxes35.0%19.0%10.0%No TaxNo Tax15.0%
21SerbiaTaxes20.0%20.0%15.0%No Tax15.0%15.0%
21OmanTaxes, but no Income TaxNo Tax5%15.0%No TaxNo Tax15.0%
21KuwaitTaxes, but no Income TaxNo TaxNo Tax15.0%No TaxNo Tax15.0%
21GeorgiaTaxes20.0%18.0%20.0%No TaxNo Tax15.0%
21AlbaniaTaxes23.0%20.0%15.0%No Tax15.0%15.0%
21CyprusTaxes35.0%19.0%No TaxNo TaxNo Tax15.0%
21MauritiusTaxes20.0%15.0%No TaxNo TaxNo Tax15.0%
21MaldivesTaxes, but no Income TaxNo Tax8%No TaxNo TaxNo Tax15.0%
21BermudaTaxes, but no Income TaxNo TaxNo TaxNo TaxNo TaxNo Tax15.0%
34RomaniaTaxes10.0%21.0%10.0%No Tax10.0%16.0%
35Hong KongTaxes17.0%No TaxNo TaxNo TaxNo Tax16.5%
36SingaporeTaxes24.0%9%No TaxNo TaxNo Tax17.0%
36LebanonTaxes25.0%11.0%15.0%No TaxNo Tax17.0%
36LithuaniaTaxes32.0%21.0%15.0%No Tax15.0%17.0%
36San MarinoTaxes35.0%No TaxNo TaxNo TaxNo Tax17.0%
40UkraineTaxes19.5%20.0%18.0%No Tax18.0%18.0%
40SwitzerlandTaxes40.0%8.1%No Tax0.5%No Tax18.0%
40BelarusTaxes13.0%20.0%13.0%No TaxNo Tax18.0%
40CroatiaTaxes35.4%25.0%10.0%No Tax10.0%18.0%
40ArmeniaTaxes20.0%20.0%20.0%No Tax20.0%18.0%
45Puerto RicoTaxes33.0%11.5%15.0%No Tax15.0%18.5%
45BruneiTaxes, but no Income TaxNo TaxNo TaxNo TaxNo TaxNo Tax18.5%
47PolandTaxes32.0%23.0%19.0%No Tax19.0%19.0%
47PortugalTaxes48.0%23.0%28.0%No Tax28.0%19.0%
49RussiaTaxes22.0%22.0%15.0%No Tax15.0%20.0%
49VietnamTaxes35.0%10.0%20.0%No TaxNo Tax20.0%
49ThailandTaxes35.0%7%35.0%No Tax35.0%20.0%
49AfghanistanTaxes20.0%4%20.0%No TaxNo Tax20.0%
49YemenTaxes20.0%5%20.0%No TaxNo Tax20.0%
49MoroccoTaxes38.0%20.0%20.0%No TaxNo Tax20.0%
49Saudi ArabiaTaxes, but no Income TaxNo Tax15.0%20.0%2.5%No Tax20.0%
49MadagascarTaxes20.0%20.0%20.0%No TaxNo Tax20.0%
49TaiwanTaxes40.0%5%20.0%No Tax20.0%20.0%
49KazakhstanTaxes10.0%12.0%10.0%No TaxNo Tax20.0%
49CambodiaTaxes20.0%10.0%20.0%No TaxNo Tax20.0%
49JordanTaxes35.0%16.0%20.0%No TaxNo Tax20.0%
49AzerbaijanTaxes14.0%18.0%14.0%No TaxNo Tax20.0%
49LaosTaxes25.0%10.0%2%No TaxNo Tax20.0%
49TurkmenistanTaxes10.0%15.0%10.0%No TaxNo Tax20.0%
49LibyaTaxes15.0%No TaxNo TaxNo TaxNo Tax20.0%
49FinlandTaxes56.5%25.5%34.0%No Tax34.0%20.0%
49LatviaTaxes31.0%21.0%20.0%No Tax20.0%20.0%
49EstoniaTaxes20.0%24.0%20.0%No Tax20.0%20.0%
49FijiTaxes20.0%9%10.0%No TaxNo Tax20.0%
69SwedenTaxes52.0%25.0%30.0%No Tax30.0%20.6%
70United StatesTaxes37.0%No Tax20.0%No Tax20.0%21.0%
70CzechiaTaxes23.0%21.0%15.0%No Tax15.0%21.0%
70IcelandTaxes46.3%24.0%22.0%No Tax22.0%21.0%
73IndonesiaTaxes35.0%12.0%22.0%No Tax22.0%22.0%
73MyanmarTaxes25.0%5%10.0%No TaxNo Tax22.0%
73GreeceTaxes44.0%24.0%15.0%No Tax15.0%22.0%
73DenmarkTaxes55.9%25.0%42.0%No Tax42.0%22.0%
73NorwayTaxes47.4%25.0%37.8%1.1%37.8%22.0%
73BotswanaTaxes25.0%14.0%22.0%No TaxNo Tax22.0%
73SloveniaTaxes50.0%22.0%25.0%No Tax25.0%22.0%
73Cape VerdeTaxes27.5%15.0%10.0%No TaxNo Tax22.0%
73CuracaoTaxes48.3%6%No TaxNo TaxNo Tax22.0%
82EgyptTaxes27.5%14.0%10.0%No TaxNo Tax22.5%
83IsraelTaxes50.0%18.0%25.0%No Tax25.0%23.0%
83AustriaTaxes55.0%20.0%27.5%No Tax27.5%23.0%
85LuxembourgTaxes42.0%17.0%21.0%No Tax21.0%23.9%
86MalaysiaTaxes30.0%8%10.0%No TaxNo Tax24.0%
86SlovakiaTaxes25.0%23.0%19.0%No Tax19.0%24.0%
88ZimbabweTaxes40.0%15.0%20.0%No TaxNo Tax24.7%
89ChinaTaxes45.0%13.0%20.0%No Tax20.0%25.0%
89PhilippinesTaxes35.0%12.0%15.0%No TaxNo Tax25.0%
89IranTaxes35.0%9%25.0%No TaxNo Tax25.0%
89TurkeyTaxes40.0%20.0%40.0%No TaxNo Tax25.0%
89United KingdomTaxes45.0%20.0%20.0%No Tax20.0%25.0%
89FranceTaxes45.0%20.0%30.0%1.5%30.0%25.0%
89South KoreaTaxes49.5%10.0%22.0%No Tax22.0%25.0%
89SpainTaxes47.0%21.0%28.0%3.5%28.0%25.0%
89AngolaTaxes25.0%14.0%15.0%No TaxNo Tax25.0%
89GhanaTaxes35.0%20.0%25.0%No TaxNo Tax25.0%
89Ivory CoastTaxes36.0%18.0%12.0%No TaxNo Tax25.0%
89NepalTaxes36.0%13.0%10.0%No TaxNo Tax25.0%
89North KoreaTaxes, but no Income TaxNo TaxNo TaxNo TaxNo TaxNo Tax25.0%
89GuatemalaTaxes7%12.0%10.0%No TaxNo Tax25.0%
89EcuadorTaxes37.0%15.0%10.0%No TaxNo Tax25.0%
89GuineaTaxes35.0%18.0%15.0%No TaxNo Tax25.0%
89BoliviaTaxes, but no Income TaxNo Tax13.0%25.0%No TaxNo Tax25.0%
89South SudanTaxes20.0%18.0%10.0%No TaxNo Tax25.0%
89BelgiumTaxes50.0%21.0%No TaxNo TaxNo Tax25.0%
89HondurasTaxes25.0%15.0%10.0%No TaxNo Tax25.0%
89LiberiaTaxes25.0%10.0%15.0%No TaxNo Tax25.0%
89MauritaniaTaxes40.0%16.0%15.0%No TaxNo Tax25.0%
89PanamaTaxes25.0%7%10.0%No TaxNo Tax25.0%
89MongoliaTaxes25.0%10.0%10.0%No TaxNo Tax25.0%
89UruguayTaxes36.0%22.0%12.0%1.5%12.0%25.0%
89JamaicaTaxes30.0%15.0%15.0%No TaxNo Tax25.0%
89Guinea-BissauTaxes20.0%15.0%10.0%No TaxNo Tax25.0%
89DjiboutiTaxes30.0%10.0%10.0%No TaxNo Tax25.0%
89GuyanaTaxes40.0%14.0%20.0%No TaxNo Tax25.0%
89BhutanTaxes25.0%7%10.0%No TaxNo Tax25.0%
89BelizeTaxes25.0%12.5%No TaxNo TaxNo Tax25.0%
89Sao Tome and PrincipeTaxes25.0%No Tax10.0%No TaxNo Tax25.0%
89SeychellesTaxes30.0%15.0%No TaxNo TaxNo Tax25.0%
89ArubaTaxes52.0%7%25.0%No TaxNo Tax25.0%
89TongaTaxes, but no Income TaxNo Tax15.0%No TaxNo TaxNo Tax25.0%
89Antigua and BarbudaTaxes, but no Income TaxNo Tax15.0%No TaxNo TaxNo Tax25.0%
89MonacoTaxes, but no Income TaxNo Tax20.0%No TaxNo TaxNo Tax25.0%
126IndiaTaxes42.7%18.0%20.0%No Tax20.0%25.2%
127NetherlandsTaxes49.5%21.0%36.0%No Tax36.0%25.8%
128AlgeriaTaxes35.0%19.0%15.0%1%No Tax26.0%
129CanadaTaxes53.0%5%27.0%No Tax27.0%26.5%
130South AfricaTaxes45.0%15.0%18.0%No Tax18.0%27.0%
130ChileTaxes40.0%19.0%40.0%No Tax40.0%27.0%
130Dominican RepublicTaxes25.0%18.0%27.0%No TaxNo Tax27.0%
130TogoTaxes35.0%18.0%20.0%No TaxNo Tax27.0%
130GambiaTaxes30.0%15.0%15.0%No TaxNo Tax27.0%
130SamoaTaxes27.0%15.0%27.0%No TaxNo Tax27.0%
136BangladeshTaxes25.0%15.0%15.0%35.0%No Tax27.5%
136Burkina FasoTaxes27.5%18.0%20.0%No TaxNo Tax27.5%
136EswatiniTaxes33.0%15.0%No TaxNo TaxNo Tax27.5%
139ItalyTaxes43.0%22.0%26.0%No Tax26.0%27.9%
140SyriaTaxes22.0%No Tax15.0%No TaxNo Tax28.0%
140New ZealandTaxes39.0%15.0%No TaxNo TaxNo Tax28.0%
140GrenadaTaxes30.0%15.0%No TaxNo TaxNo Tax28.0%
143PakistanTaxes35.0%18.0%15.0%No TaxNo Tax29.0%
144PeruTaxes30.0%18.0%6.3%No Tax6.3%29.5%
145NigeriaTaxes24.0%7.5%10.0%No Tax10.0%30.0%
145EthiopiaTaxes35.0%15.0%15.0%No TaxNo Tax30.0%
145MexicoTaxes35.0%16.0%35.0%No Tax35.0%30.0%
145JapanTaxes55.0%10.0%20.0%No Tax20.0%30.0%
145DR CongoTaxes40.0%16.0%10.0%No TaxNo Tax30.0%
145GermanyTaxes45.0%19.0%26.4%No Tax26.4%30.0%
145TanzaniaTaxes30.0%18.0%10.0%No TaxNo Tax30.0%
145KenyaTaxes35.0%16.0%15.0%No Tax15.0%30.0%
145UgandaTaxes40.0%18.0%30.0%No TaxNo Tax30.0%
145CameroonTaxes35.0%19.3%15.0%No TaxNo Tax30.0%
145NigerTaxes35.0%19.0%20.0%No TaxNo Tax30.0%
145AustraliaTaxes45.0%10.0%23.0%No Tax23.0%30.0%
145MaliTaxes40.0%18.0%25.0%No TaxNo Tax30.0%
145Sri LankaTaxes36.0%18.0%10.0%No TaxNo Tax30.0%
145MalawiTaxes30.0%16.5%No TaxNo TaxNo Tax30.0%
145ZambiaTaxes37.5%16.0%No TaxNo TaxNo Tax30.0%
145SenegalTaxes40.0%18.0%15.0%No TaxNo Tax30.0%
145BeninTaxes35.0%18.0%15.0%No TaxNo Tax30.0%
145RwandaTaxes30.0%18.0%5%No TaxNo Tax30.0%
145BurundiTaxes30.0%18.0%25.0%No TaxNo Tax30.0%
145HaitiTaxes30.0%10.0%30.0%No TaxNo Tax30.0%
145Papua New GuineaTaxes42.0%10.0%No TaxNo TaxNo Tax30.0%
145Sierra LeoneTaxes30.0%15.0%25.0%No TaxNo Tax30.0%
145NicaraguaTaxes30.0%15.0%10.0%No TaxNo Tax30.0%
145Republic of the CongoTaxes40.0%18.9%20.0%No TaxNo Tax30.0%
145El SalvadorTaxes30.0%13.0%10.0%No TaxNo Tax30.0%
145Central African RepublicTaxes50.0%19.0%20.0%No TaxNo Tax30.0%
145Costa RicaTaxes25.0%13.0%15.0%No TaxNo Tax30.0%
145EritreaTaxes30.0%4%30.0%No TaxNo Tax30.0%
145GabonTaxes35.0%18.0%20.0%No TaxNo Tax30.0%
145Trinidad and TobagoTaxes25.0%12.5%No TaxNo TaxNo Tax30.0%
145Solomon IslandsTaxes40.0%No TaxNo TaxNo TaxNo Tax30.0%
145Saint LuciaTaxes30.0%12.5%No TaxNo TaxNo Tax30.0%
145Saint Vincent and the GrenadinesTaxes32.5%16.0%No TaxNo TaxNo Tax30.0%
179MozambiqueTaxes32.0%16.0%32.0%No TaxNo Tax32.0%
179NamibiaTaxes37.0%15.0%No TaxNo TaxNo Tax32.0%
181Saint Kitts and NevisTaxes, but no Income TaxNo Tax17.0%No TaxNo TaxNo Tax33.0%
182BrazilTaxes27.5%20.0%22.5%No Tax22.5%34.0%
182VenezuelaTaxes34.0%16.0%34.0%No Tax34.0%34.0%
184ColombiaTaxes39.0%19.0%15.0%1.5%15.0%35.0%
184SudanTaxes15.0%17.0%10.0%No TaxNo Tax35.0%
184ArgentinaTaxes35.0%21.0%15.0%1.8%15.0%35.0%
184ChadTaxes60.0%18.0%20.0%No TaxNo Tax35.0%
184CubaTaxes50.0%10.0%No TaxNo TaxNo Tax35.0%
184Equatorial GuineaTaxes35.0%15.0%20.0%No TaxNo Tax35.0%
184ComorosTaxes30.0%10.0%20.0%No TaxNo Tax35.0%
184MaltaTaxes35.0%18.0%35.0%No Tax35.0%35.0%
184KiribatiTaxes35.0%No TaxNo TaxNo TaxNo Tax35.0%
193SurinameTaxes38.0%10.0%36.0%0.3%No Tax36.0%
—LesothoTaxes30.0%15.0%No TaxNo TaxNo Tax—

What correlates with Corporate Tax Rates?

Pearson r against 1,416 other country metrics sharing at least 116 countries. Correlation is not causation.

Higher together

Places that have a higher Corporate Tax Rates tend to score higher on these

  1. Corporate TaxHighest Taxed Countries
    r = +0.88 · very strong · n = 153
    Plot
  2. Corporate Tax RateCorporate Tax Rates by Country
    r = +0.86 · very strong · n = 183
    Plot
  3. Tax Rate FloorEffective Corporate Tax Rate by Country
    r = +0.85 · very strong · n = 140
    Plot
  4. Miscarriage Rate (Lower Limit)Miscarriage Rates by Country
    r = +0.46 · moderate · n = 186
    Plot
  5. Miscarriage Rate (Overall Est.)Miscarriage Rates by Country
    r = +0.45 · moderate · n = 186
    Plot
  6. Miscarriage Rate (Upper Limit)Miscarriage Rates by Country
    r = +0.45 · moderate · n = 186
    Plot

Opposite directions

Places that have a higher Corporate Tax Rates tend to score lower on these

  1. Average Age Upon Birth of First Child (CIA)Average Age of Having First Child by Country
    r = −0.53 · strong · n = 120
    Plot
  2. Salt Consumption Per Capita MaleSalt Consumption by Country
    r = −0.46 · moderate · n = 181
    Plot
  3. Sodium Consumption Per Capita MaleSalt Consumption by Country
    r = −0.46 · moderate · n = 181
    Plot
  4. Salt Consumption Per Capita FemaleSalt Consumption by Country
    r = −0.46 · moderate · n = 181
    Plot
  5. Sodium Consumption Per Capita FemaleSalt Consumption by Country
    r = −0.46 · moderate · n = 181
    Plot
  6. WJP RoLI Order and Security ScoreWorld Justice Project (WJP) Rule of Law Index
    r = −0.46 · moderate · n = 140
    Plot

Quick answers

Which country has the highest Corporate Tax Rates?
Suriname has the highest Corporate Tax Rates, at 36.0%, followed by Colombia (35.0%) and Sudan (35.0%).
Which country has the lowest Corporate Tax Rates?
Marshall Islands has the lowest Corporate Tax Rates, at 3%.
What is the median Corporate Tax Rates across countries?
The median is 25.0% across the 193 countries with data.
Where does this tax-free countries data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Tax Free Countries in The World - Clear Tax; 17 countries with no income tax: where to move to minimize the tax burden - Immigrant Invest; 2023 Index of Economic Freedom - Heritage Foundation; List of Countries by Personal Income Tax Rate - Trading Economics.

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