Montenegro or Switzerland: which taxes less?

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

Lighter: Montenegro, ahead by 2.5 FiScore points.

Tax Montenegro Switzerland Gap
Corporate income tax headline rate 9% 11.66% to 20.54% −11.5 points
Personal income tax top bracket 0% to 15% 0% to 51% −36.0 points
VAT standard rate 21% 7.7% +13.3 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%

Switzerland

Lucerne combined federal, cantonal and communal effective rate 11.66%
Zug 11.71%
Geneva 14.7%
Zurich 19.47%
Bern 20.54%
Multinational groups revenue above €750M, since 2024 15%
See the Montenegro page See the Switzerland page