Azores or Malta: which taxes less?

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

Lighter: Azores, ahead by 1.6 FiScore point.

Malta

3.7/10

193rd of 217

Tax Azores Malta Gap
Corporate income tax headline rate 14% 35% −21.0 points
Personal income tax top bracket 0% to 36.2% 0% to 35% +1.2 points
VAT standard rate 18% 18% Same rate

Detailed schedules

Corporate income tax

Azores

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

Malta

Headline rate 35%
Effective rate after shareholder refund trading company, 6/7 refund 5%
Passive income and royalties 5/7 refund 10%
See the Azores page See the Malta page