Papua New Guinea: what is the corporate tax rate?

30%. That is the headline rate, the one ordinary companies pay.

Papua New Guinea: what is the income tax rate?

0% to 42%. Depending on the country, a flat rate or a progressive scale.

FiScore 4.1 out of 10, ranked 164th of 217: around the world average.

Papua New Guinea vs World average Compare another country

Corporate 30% · Personal 0% to 42% · VAT 10% · PGK

FiScore

164th Light Heavy

Corporate income taxheadline rate

30%

20.8%

+9.2points

Personal income taxtop bracket

42%

17%

+25.0points

VATstandard rate

10%

14%

−4.0points

Corporate income tax
Regime	Rate
Sociétés de droit commun standard regime	30%
Banques et établissements financiers	45%
Sociétés étrangères non résidentes	48%