Azores or Belarus: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Belarus, ahead by 0.6 FiScore point.

Tax Azores Belarus Gap
Corporate income tax headline rate 14% 20% −6.0 points
Personal income tax top bracket 0% to 36.2% 13% to 17% +19.2 points
VAT standard rate 18% 20% −2.0 points

Detailed schedules

Corporate income tax

Azores

General regional regime 14%
SMEs: first 50,000 euros of profit 11.9%

Belarus

Tax base up to 25 million BYN 20%
Tax base over 25 million BYN since 2024 25%