Portugal or Saudi Arabia: which taxes less?

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

Lighter: Saudi Arabia, ahead by 3.7 FiScore points.

Tax Portugal Saudi Arabia Gap
Corporate income tax headline rate 19% 20% −1.0 points
Personal income tax top bracket 12.5% 0% +12.5 points
VAT standard rate 23% 15% +8.0 points

Detailed schedules

Corporate income tax

Portugal

General regime 18% in 2027, 17% in 2028 19%
SMEs: first €50,000 of profit 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

Personal income tax

Portugal

Up to EUR 8,342 mainland scale, 2026 12.5%
EUR 8,342 to 12,587 15.7%
EUR 12,587 to 17,838 21.2%
EUR 17,838 to 23,089 24.1%
EUR 23,089 to 29,397 31.1%
EUR 29,397 to 43,090 34.9%
EUR 43,090 to 46,566 43.1%
EUR 46,566 to 86,634 44.6%
Above EUR 86,634 plus a solidarity levy of 2.5% above EUR 80,000 and 5% above EUR 250,000 48%

Saudi Arabia

n/a

See the Portugal page See the Saudi Arabia page