Montenegro or Saudi Arabia: which taxes less?

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

Lighter: Saudi Arabia, ahead by 0.5 FiScore point.

Tax Montenegro Saudi Arabia Gap
Corporate income tax headline rate 9% 20% −11.0 points
Personal income tax top bracket 0% to 15% 0% +15.0 points
VAT standard rate 21% 15% +6.0 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%

Saudi Arabia

Share of profit for foreign partners 20%
Share for Saudi or Gulf partners zakat, based on equity 2.5%
Oil and gas up to 85% depending on concession n/a
See the Montenegro page See the Saudi Arabia page