Barbados or Saudi Arabia: which taxes less?

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

Lighter: Saudi Arabia, ahead by 1.2 FiScore point.

Tax Barbados Saudi Arabia Gap
Corporate income tax headline rate 9% 20% −11.0 points
Personal income tax top bracket 12.5% to 28.5% 0% +28.5 points
VAT standard rate 17.5% 15% +2.5 points

Detailed schedules

Corporate income tax

Barbados

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

Saudi Arabia

Share of profit for foreign partners 20%
Share for Saudi or Gulf partners zakat, based on equity 2.5%
Oil and gas up to 85% depending on concession n/a
See the Barbados page See the Saudi Arabia page