Malta or Montenegro: which taxes less?

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

Lighter: Montenegro, ahead by 3.2 FiScore points.

Malta

3.7/10

193rd of 217

Tax Malta Montenegro Gap
Corporate income tax headline rate 35% 9% +26.0 points
Personal income tax top bracket 0% to 35% 0% to 15% +20.0 points
VAT standard rate 18% 21% −3.0 points

Detailed schedules

Corporate income tax

Malta

Headline rate 35%
Effective rate after shareholder refund trading company, 6/7 refund 5%
Passive income and royalties 5/7 refund 10%

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%
See the Malta page See the Montenegro page