Guinea-Bissau or Montenegro: which taxes less?

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

Lighter: Montenegro, ahead by 0.7 FiScore point.

Tax Guinea-Bissau Montenegro Gap
Corporate income tax headline rate 25% 9% +16.0 points
Personal income tax top bracket 1% to 12% 0% to 15% −3.0 points
VAT standard rate 15% 21% −6.0 points

Detailed schedules

Corporate income tax

Guinea-Bissau

n/a

Montenegro

Profit up to €100,000 9%
€100,000 to €1,500,000 €9,000 + 12% over €100,000 12%
Over €1,500,000 €177,000 + 15% over €1,500,000 15%