Montenegro or Portugal: which taxes less?

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

Lighter: Montenegro, ahead by 3.2 FiScore points.

Tax Montenegro Portugal Gap
Corporate income tax headline rate 9% 19% −10.0 points
Personal income tax top bracket 0% to 15% 14.5% to 48% −33.0 points
VAT standard rate 21% 23% −2.0 points

Detailed schedules

Corporate income tax

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%

Portugal

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