Barbados or Belarus: which taxes less?

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

Lighter: Barbados, ahead by 0.3 FiScore point.

Tax Barbados Belarus Gap
Corporate income tax headline rate 9% 20% −11.0 points
Personal income tax top bracket 12.5% to 28.5% 13% to 17% +11.5 points
VAT standard rate 17.5% 20% −2.5 points

Detailed schedules

Corporate income tax

Barbados

General regime since 2024 9%
Multinational groups revenue over 750 M€ 15%

Belarus

Tax base up to 25 million BYN 20%
Tax base over 25 million BYN since 2024 25%
See the Barbados page See the Belarus page