Madeira or Tanzania: which taxes less?

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

Level pegging: Madeira and Tanzania weigh about the same on the taxpayer.

Tax Madeira Tanzania Gap
Corporate income tax headline rate 14.7% 30% −15.3 points
Personal income tax top bracket 0% to 45.1% 15% to 30% +15.1 points
VAT standard rate 22% 18% +4.0 points

Detailed schedules

Corporate income tax

Madeira

General regional regime 14.7%
SMEs: first €50,000 profit 11.9%
Madeira International Business Centre guaranteed until 31 December 2033 5%

Tanzania

General regime 30%
Newly listed companies For three years 25%
Newly established approved industry For five years 10%
See the Madeira page See the Tanzania page