Malta or Portugal: which taxes less?

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

Level pegging: Malta and Portugal weigh about the same on the taxpayer.

Malta

3.7/10

193rd of 217

Tax Malta Portugal Gap
Corporate income tax headline rate 35% 19% +16.0 points
Personal income tax top bracket 0% to 35% 14.5% to 48% −13.0 points
VAT standard rate 18% 23% −5.0 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%

Portugal

General regime 18% in 2027, 17% in 2028 19%
SMEs: first €50,000 of profit 15%
See the Malta page See the Portugal page