Barbados or Morocco: which taxes less?

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

Lighter: Barbados, ahead by 1.6 FiScore point.

Tax Barbados Morocco Gap
Corporate income tax headline rate 9% 20% −11.0 points
Personal income tax top bracket 12.5% to 28.5% 0% to 37% −8.5 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%

Morocco

Profit under 100 M MAD 20%
Profit of 100 M MAD and over 35%
Banks and insurance Bank Al-Maghrib, CDG, insurance and reinsurance 40%
See the Barbados page See the Morocco page