Morocco or São Tomé and Príncipe: which taxes less?

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

Lighter: São Tomé and Príncipe, ahead by 1.1 FiScore point.

Tax Morocco São Tomé and Príncipe Gap
Corporate income tax headline rate 20% 25% −5.0 points
Personal income tax top bracket 0% to 37% 10% to 20% +17.0 points
VAT standard rate 20% 15% +5.0 points

Detailed schedules

Corporate income tax

Morocco

Profit under 100 M MAD 20%
Profit of 100 M MAD and over 35%
Banks and insurance Bank Al-Maghrib, CDG, insurance and reinsurance 40%

São Tomé and Príncipe

n/a

See the Morocco page See the São Tomé and Príncipe page