Bhutan or Equatorial Guinea: which taxes less?

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

Level pegging: Bhutan and Equatorial Guinea weigh about the same on the taxpayer.

Tax Bhutan Equatorial Guinea Gap
Corporate income tax headline rate 25% 25% Same rate
Personal income tax top bracket 0% to 30% 0% to 25% +5.0 points
VAT standard rate 10% 15% −5.0 points

Detailed schedules

Corporate income tax

Bhutan

Common law companies 25%
Public enterprises 30%

Equatorial Guinea

n/a

Personal income tax

Bhutan

Up to 300,000 Nu About 3,300 EUR gross annual revenue 0%
300,001 to 400,000 Nu 10%
400,001 to 650,000 Nu 15%
650,001 to 1,000,000 Nu 20%
1,000,001 to 1,500,000 Nu 25%
Over 1,500,000 Nu 30%
Surtax On tax due, when it reaches 1,000,000 Nu 10%

Equatorial Guinea

n/a

See the Bhutan page See the Equatorial Guinea page