Corporate Tax Rates Compared — 83 Countries

Guide 9 min read

How to read this table

All rates are the headline corporate income tax rate applicable to a standard domestic company. Effective rates may differ due to:

Surcharges (solidarity surcharges, local authority taxes)
SME or small profits rates
Special regimes (startup exemptions, investment incentives, free zones)
Distribution-based systems (Estonia, Georgia — tax only applies on distribution)

Source: Rates verified against country directory data on incorporate.ltd and cross-referenced with official government sources. Verify current rates before making decisions — tax rates change.

Middle East & North Africa (14 countries)

Country	Standard CT Rate	Key notes
🇦🇪 UAE	0–9%	0% up to AED 375,000 taxable income; 9% above. Free zone qualifying income: 0% with adequate substance
🇸🇦 Saudi Arabia	20% (foreign) / 2.5% Zakat	20% CT for foreign-invested entities; Saudi and GCC national companies pay Zakat at 2.5% of Zakat base instead
🇶🇦 Qatar	10% (standard) / 0% (QFC qualifying)	QFC-licensed entities conducting qualifying activities: 0% CT
🇧🇭 Bahrain	0% (non-oil/gas sectors)	Only oil, gas, and petrochemical companies subject to CT; all other sectors: 0%
🇴🇲 Oman	15%	Standard rate; free zones (Duqm, Salalah) offer tax holidays
🇰🇼 Kuwait	15% (foreign entities only)	Foreign-owned companies: 15% CT. Kuwaiti and GCC-owned companies: 0% CT but pay Zakat
🇯🇴 Jordan	20% (standard)	Aqaba SEZ: reduced rates applicable
🇪🇬 Egypt	22.5%	Standard rate
🇱🇧 Lebanon	17%	Standard rate; banking system severely disrupted
🇲🇦 Morocco	20% (≤MAD 100M profits) / 35% (>MAD 100M)	Progressive rates; CFC: 0% for export-oriented companies first 5 years (Casablanca Finance City)
🇹🇳 Tunisia	15–25%	15% manufacturing/agriculture; 25% financial services, telecoms; 10% for companies in certain development zones
🇮🇶 Iraq	15%	Standard rate; foreign oil companies subject to different regime
🇱🇾 Libya	20%	Standard rate; country has political instability
🇵🇸 Palestine	15%	West Bank jurisdiction; Palestinian Authority rate

Europe (20 countries)

Country	Standard CT Rate	Key notes
🇬🇧 UK	25% (19% small profits ≤£50K)	Marginal relief between £50K–£250K; R&D Expenditure Credit available
🇮🇪 Ireland	12.5% (trading) / 25% (passive)	6.25% Knowledge Development Box for qualifying IP income; R&D credit 25%
🇳🇱 Netherlands	19% (first €200K) / 25.8% (above)	Participation exemption; 9% Innovation Box for qualifying IP income
🇪🇪 Estonia	0% (retained) / 20% (distributed)	Unique distribution-based system; 14% for regular distributors
🇩🇪 Germany	~30% effective	15% Körperschaftsteuer + ~5.5% solidarity surcharge + Gewerbesteuer 7–17% (municipality-dependent)
🇫🇷 France	25%	15% reduced rate first €42,500 for qualifying SMEs; R&D credit (CIR) 30%
🇪🇸 Spain	25%	15% for new companies in first 2 profitable years
🇵🇹 Portugal	21%	17% SME rate on first €50K; reduced rates for interior regions
🇨🇭 Switzerland	11.9–21.6% (canton-dependent)	Zug (11.9%), Nidwalden (12.0%); no federal participation exemption, but cantonal participation relief
🇨🇾 Cyprus	12.5%	2.5% effective IP Box rate; participation exemption on dividends; non-dom regime for individuals
🇲🇹 Malta	35% headline / ~5% effective	6/7 shareholder refund mechanism: non-resident shareholders receive 6/7ths of tax paid as refund
🇱🇺 Luxembourg	24.94% (combined)	17% CIT + 1.4% municipal business tax + 1.19% solidarity surcharge; 4.99% IP Box
🇮🇹 Italy	~27.9%	24% IRES + 3.9% IRAP; IRAP is a regional tax on value of production
🇵🇱 Poland	9% (small) / 19% (standard)	9% for taxpayers with revenue ≤€2M equivalent; 5% IP Box
🇷🇴 Romania	1% micro (≤€500K) / 16% standard	1% rate for companies with ≤€500K revenue and ≥1 employee; 3% without employee
🇨🇿 Czech Republic	21%	Standard rate
🇧🇬 Bulgaria	10% flat	Lowest flat CT rate in the EU; no surcharges
🇸🇪 Sweden	20.6%	Standard rate
🇩🇰 Denmark	22%	Standard rate
🇱🇹 Lithuania	15% (standard) / 5% (small)	5% for companies with revenue ≤€300K and ≤10 employees

Asia-Pacific (16 countries)

Country	Standard CT Rate	Key notes
🇸🇬 Singapore	17%	Startup tax exemption (first 3 years): 75% on first SGD 100K + 50% on next SGD 100K; territorial tax system
🇭🇰 Hong Kong	8.25% (first HKD 2M) / 16.5% (above)	Two-tier system; offshore claim available for genuine offshore income
🇮🇳 India	22–30%	22% for domestic companies not claiming incentives; 15% for new manufacturing companies established after Oct 2019; 30% for foreign companies
🇯🇵 Japan	23.2% (national) + local	Combined effective rate approximately 30–34%; Tokyo effective rate higher
🇰🇷 South Korea	9–24% (progressive)	9% on first KRW 200M; 19% on KRW 200M–20B; 24% above KRW 20B + 10% surtax
🇨🇳 China	25% (standard) / 15% (HTE)	15% for High-Tech Enterprises (certified); 15% for qualified entities in Hainan Free Trade Port; 10% WHT on dividends to non-residents
🇹🇭 Thailand	20%	BOI-promoted companies: 0% for 5–8 years (sector-dependent)
🇲🇾 Malaysia	17% (first MYR 600K for SMEs) / 24% (standard)	Labuan company: 3% of audited net profit on trading activities
🇮🇩 Indonesia	22%	19% for companies listing ≥40% of shares on IDX
🇻🇳 Vietnam	20% (standard)	10% for qualifying high-tech/manufacturing for 15 years; tax holidays for qualifying investments
🇵🇭 Philippines	25% (standard) / 20% (small domestic)	20% for domestic companies with net taxable income ≤PHP 5M and total assets ≤PHP 100M
🇦🇺 Australia	25% (base rate entity) / 30% (standard)	25% for companies with aggregated turnover <AUD 50M; R&D Tax Incentive (43.5% offset for eligible SMEs)
🇳🇿 New Zealand	28%	Standard rate
🇹🇼 Taiwan	20%	Standard rate
🇰🇭 Cambodia	20%	QIP (Qualified Investment Project) approval: income tax holidays available
🇲🇲 Myanmar	22%	Standard rate; significant political instability

Americas (12 countries)

Country	Standard CT Rate	Key notes
🇺🇸 USA	21% (federal)	State corporate income tax additional (0% Wyoming/Nevada; ~8% California/NY); LLC: pass-through by default
🇨🇦 Canada	15% (federal) + 0–16% provincial	Combined federal + provincial: 23–31% depending on province; 9% federal small business deduction for CCPCs
🇲🇽 Mexico	30%	Standard rate; PTU (employee profit sharing) 10% of taxable profit additional obligation
🇧🇷 Brazil	15–34%	IRPJ 15% + 10% surcharge above BRL 240K/year + CSLL 9% = effective 34% for large companies; Simples Nacional for qualifying SMEs
🇨🇴 Colombia	35%	20% in Free Trade Zones (Zonas Francas) for qualifying users
🇨🇱 Chile	27%	Standard rate; reduced rates for SMEs
🇦🇷 Argentina	25–35% (progressive)	25% up to ARS 50M; 30% up to ARS 150M; 35% above
🇵🇦 Panama	25% (domestic income) / 0% (foreign income)	Territorial tax system: income from outside Panama exempt
🇨🇷 Costa Rica	30%	Free Trade Zones: income tax holiday for qualifying companies
🇵🇪 Peru	29.5%	Standard rate
🇺🇾 Uruguay	25%	Free Trade Zones available; foreign-source income exempt under territorial system

Africa (10 countries)

Country	Standard CT Rate	Key notes
🇿🇦 South Africa	27%	Reduced from 28% in 2023
🇳🇬 Nigeria	30% (large) / 20% (medium) / 0% (small)	0% for companies with turnover <NGN 25M; medium = NGN 25M–100M; large >NGN 100M
🇰🇪 Kenya	30% (resident) / 37.5% (non-resident branch)	Lower rates for listed companies and EPZ-licensed entities
🇬🇭 Ghana	25%	15% for listed companies; reduced rates for specific sectors (manufacturing, agri, etc.)
🇷🇼 Rwanda	30%	0% for registered investors in priority sectors in certain periods
🇲🇺 Mauritius	15% (standard) / 3% effective (GBC)	GBC (Global Business Corporation): 80% partial exemption on foreign-source income = 3% effective rate
🇹🇿 Tanzania	30%	Standard rate
🇪🇹 Ethiopia	30%	Standard rate; industrial park companies: tax holidays
🇸🇳 Senegal	30%	Standard rate; zones franches industrielles: exemptions available
🇸🇨 Seychelles	0% (IBC on foreign income)	Domestic companies subject to Business Tax; IBCs earning only foreign income: 0%

Central Asia & Caucasus (5 countries)

Country	Standard CT Rate	Key notes
🇬🇪 Georgia	15% (on distribution only)	0% on retained profits; Virtual Zone: 0% for qualifying IT companies on foreign-source income
🇹🇷 Turkey	25%	Raised from 20% in 2021; further increases possible
🇰🇿 Kazakhstan	20%	AIFC (Astana International Financial Centre): 0% CT until 2066 for qualifying entities
🇺🇿 Uzbekistan	15%	IT Park companies: 0% until 2028
🇦🇲 Armenia	18%	Certified IT companies via HTI Foundation: significantly reduced rates

Offshore & Special Jurisdictions (6 jurisdictions)

Jurisdiction	CT Rate	Key notes
🇻🇬 BVI	0%	No corporate income tax; government fee based on authorised capital
🇰🇾 Cayman Islands	0%	No direct taxation; CIMA-regulated funds available
🇧🇲 Bermuda	0%	Note: Bermuda introduced a 15% CT for large MNEs in 2025 (Pillar Two implementation) — 0% still applies to qualifying smaller entities
🇮🇲 Isle of Man	0% standard / 10% (banking/property income) / 15% (retail above £500K)	Standard company rate 0%; exceptions for specific sectors
🇯🇪 Jersey & Guernsey	0% standard / 10% (financial services) / 20% (utility/large retail)	Financial services companies: 10%; standard trading companies: 0%
🇱🇮 Liechtenstein	12.5%	Flat rate with a minimum tax

Summary: Lowest effective CT rates globally (legitimate, OECD-compliant)

Rate	Jurisdictions
0%	UAE (qualifying FZ income with substance), Bahrain (non-oil), BVI, Cayman, Isle of Man (standard), Jersey/Guernsey (standard), Georgia (Virtual Zone IT, foreign income)
3% effective	Mauritius (GBC with 80% partial exemption)
5% effective	Malta (35% headline minus 6/7 shareholder refund)
9%	Bulgaria (flat); Poland (small taxpayers ≤€2M)
10%	UAE (above AED 375K threshold); Qatar (standard); Kuwait (foreign entities); Iraq; Palestine
11.9–12.5%	Switzerland (low cantons — Zug, Nidwalden); Cyprus; Ireland (trading); Liechtenstein
14.5%	Singapore (effective rate after startup exemption in first 3 years for first SGD 100K)
15%	Georgia (distribution-based), Lithuania (small), Oman, Saudi Arabia

Other chapters in Part 4

Ch. 1: Corporate Tax Rates Compared — 83 Countries Ch. 2: Double Tax Treaties — How They Work Ch. 3: VAT / GST Across Jurisdictions Ch. 4: Transfer Pricing Basics for SMEs Ch. 5: CFC Rules and What They Mean for You

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This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.