Azores or Liechtenstein: which taxes less?

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

Lighter: Liechtenstein, ahead by 1.7 FiScore point.

Tax Azores Liechtenstein Gap
Corporate income tax headline rate 14% 12.5% +1.5 points
Personal income tax top bracket 0% to 36.2% 2.5% to 22.4% +13.8 points
VAT standard rate 18% 7.7% +10.3 points

Detailed schedules

Corporate income tax

Azores

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

Liechtenstein

General regime minimum annual tax of CHF 1,800 12.5%
Multinational groups revenue over €750 M, from 2024 15%
See the Azores page See the Liechtenstein page