Barbados or Malta: which taxes less?

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

Lighter: Barbados, ahead by 2.5 FiScore points.

Malta

3.7/10

193rd of 217

Tax Barbados Malta Gap
Corporate income tax headline rate 9% 35% −26.0 points
Personal income tax top bracket 12.5% to 28.5% 0% to 35% −6.5 points
VAT standard rate 17.5% 18% −0.5 points

Detailed schedules

Corporate income tax

Barbados

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

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 Barbados page See the Malta page