Cabo Verde or Saudi Arabia: which taxes less?

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

Lighter: Saudi Arabia, ahead by 1.8 FiScore point.

Tax Cabo Verde Saudi Arabia Gap
Corporate income tax headline rate 20% 20% Same rate
Personal income tax top bracket 16.5% to 27.5% 0% +27.5 points
VAT standard rate 15% 15% Same rate

Detailed schedules

Corporate income tax

Cabo Verde

n/a

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 Cabo Verde page See the Saudi Arabia page