Corporate Tax Rates By Country 2019

Corporate tax is a federal policy that you are likely to run into no matter where on Earth you go. At its core, corporate tax refers to a percentage-dependent tax placed on businesses and predetermined by the specific jurisdiction. Essentially, corporate taxes are directly applied to companies and corporations that make a profit.

The corporate tax rates vary from place to place around the world. There is not a global rule that controls the corporate tax rates from one country to the next, but rather, the tax rates are based on the local, federal, and national governments of each country.

Corporate Tax Rates in 2019

In 2019, the United Arab Emirates held onto its running record of being the country with the highest corporate tax rate. The UAE continues to have a 40% corporate tax rate this year. The country with the lowest corporate tax rate in 2019 is actually a tie between…

Interestingly enough, Vanuatu’s corporate tax rate dropped from 34% in 2017 to 0% in 2019.

Corporate Tax Rates in 2017 for Comparison

In 2017, the United Arab Emirates was the country with the highest corporate tax rate across the globe. With a corporate tax of 40%, the country’s tax rate remained steady between 2017 and 2019. The country with the lowest tax rate in 2017 was a tie between…

  • The Bahamas
  • Bahrain

Both of these countries had a corporate tax of 0% in 2017.

  • Afghanistan 20%
  • Albania 15%
  • Algeria 26%
  • Andorra 10%
  • Angola 30%
  • Antigua and Barbuda 25%
  • Argentina 35%
  • Armenia 20%
  • Australia 30%
  • Austria 25%
  • Azerbaijan 20%
  • Bahamas 0%
  • Bahrain 0%
  • Bangladesh 25%
  • Barbados 25%
  • Belarus 18%
  • Belgium 34%
  • Benin 30%
  • Bolivia 25%
  • Bosnia and Herzegovina 10%
  • Botswana 22%
  • Brazil 34%
  • Brunei 18.5%
  • Bulgaria 10%
  • Burkina Faso 27.5%
  • Burundi 30%
  • Cambodia 20%
  • Cameroon 33%
  • Canada 26.5%
  • Chile 25.5%
  • China 25%
  • Colombia 34%
  • The Congo, or the Democratic Republic of the Congo 35%
  • Costa Rica 30%
  • Côte d'Ivoire 25%
  • Croatia 20%
  • Cyprus 12.5%
  • Czech Republic 19%
  • Denmark 22%
  • Djibouti 25%
  • Dominica 25%
  • The Dominican Republic 27%
  • Ecuador 22%
  • Egypt 22.5%
  • El Salvador 30%
  • Estonia, or Swaziland 20%
  • Ethiopia 30%
  • Fiji 20%
  • Finland 20%
  • France 33.33%
  • Gabon 30%
  • Gambia 31%
  • Georgia 15%
  • Germany 29.79%
  • Ghana 25%
  • Greece 29%
  • Grenada 30%
  • Guatemala 25%
  • Honduras 25%
  • Hungary 9%
  • Iceland 20%
  • India 34.61%
  • Indonesia 25%
  • Iraq 15%
  • Ireland 12.5%
  • Israel 24%
  • Italy 24%
  • Jamaica 25%
  • Japan 30.86%
  • Jordan 20%
  • Kazakhstan 20%
  • Kenya 30%
  • Latvia 15%
  • Lebanon 15%
  • Libya 20%
  • Liechtenstein 12.50%
  • Lithuania 15%
  • Luxembourg 27.08%
  • Madagascar 20%
  • Malawi 30%
  • Malaysia 24%
  • Malaysia 24 %
  • Mauritius 15%
  • Mexico 30%
  • Moldova 12%
  • Monaco 33.33%
  • Mongolia 25%
  • Montenegro 9%
  • Morocco 31%
  • Mozambique 32%
  • Myanmar, or Burma 25%
  • Namibia 32%
  • The Netherlands 25%
  • New Zealand 28%
  • Nicaragua 30%
  • Nigeria 30%
  • Norway 24%
  • Oman 15%
  • Pakistan 31%
  • Palestine 15%
  • Panama 25%
  • Papua New Guinea 30%
  • Paraguay 10%
  • Peru 29.5%
  • The Philippines 30%
  • Poland 19%
  • Portugal 21%
  • Qatar 10%
  • Romania 16%
  • Russia 20%
  • Rwanda 30%
  • Saint Kitts and Nevis 33%
  • Saint Lucia 30%
  • Saint Vincent and the Grenadines 32.5%
  • Samoa 27%
  • Saudi Arabia 20%
  • Senegal 30%
  • Serbia 15%
  • Sierra Leone 30%
  • Singapore 17%
  • Slovakia 21%
  • Slovenia 19%
  • The Solomon Islands 30%
  • South Africa 28%
  • Spain 25%
  • Sri Lanka 28%
  • Sudan 35%
  • Suriname 36%
  • Sweden 22%
  • Switzerland 17.77%
  • Syria 28%
  • Taiwan 17%
  • Tanzania 30%
  • Thailand 20%
  • Trinidad and Tobago 25%
  • Tunisia 25%
  • Turkey 20%
  • Turkmenistan 20%
  • Uganda 30%
  • Ukraine 18%
  • The United Arab Emirates 55%
  • The United Kingdom 19%
  • The United States of America 40%
  • Uruguay 25%
  • Uzbekistan 7.5%
  • Vanuatu 34%
  • Venezuela 34%
  • Vietnam 20%
  • Yemen 20%
  • Zambia 35%
  • Zimbabwe 25% .
Flag Name Corporate Tax Rate Population 2019
United Arab Emirates55.00%9,770,529
Suriname36.00%581,372
Zambia35.00%17,861,030
Sudan35.00%42,813,238
Malta35.00%440,372
Venezuela34.00%28,515,829
Brazil34.00%211,049,527
Saint Kitts And Nevis33.00%52,823
Monaco33.00%38,964
Colombia33.00%50,339,443
Cameroon33.00%25,876,380
Namibia32.00%2,494,530
Mozambique32.00%30,366,036
Morocco31.00%36,471,769
Gambia31.00%2,347,706
France31.00%65,129,728
Japan30.62%126,860,301
Solomon Islands30.00%669,823
Tanzania30.00%58,005,463
Uganda30.00%44,269,594
Sierra Leone30.00%7,813,215
Senegal30.00%16,296,364
Saint Vincent And The Grenadines30.00%110,589
Saint Lucia30.00%182,790
Rwanda30.00%12,626,950
Philippines30.00%108,116,615
Papua New Guinea30.00%8,776,109
Pakistan30.00%216,565,318
Nigeria30.00%200,963,599
Nicaragua30.00%6,545,502
Mexico30.00%127,575,529
Malawi30.00%18,628,747
Kenya30.00%52,573,973
Australia30.00%25,203,198
India30.00%1,366,417,754
Argentina30.00%44,780,677
Germany30.00%83,517,045
Gabon30.00%2,172,579
Angola30.00%31,825,295
Ethiopia30.00%112,078,730
El Salvador30.00%6,453,553
Benin30.00%11,801,151
Costa Rica30.00%5,047,561
Burundi30.00%11,530,580
Peru29.50%32,510,453
Belgium29.00%11,539,328
Burkina Faso28.00%20,321,378
Syria28.00%17,070,135
South Africa28.00%58,558,270
New Zealand28.00%4,783,063
Grenada28.00%112,003
Greece28.00%10,473,455
Sri Lanka28.00%21,323,733
Swaziland27.50%1,148,130
Samoa27.00%197,097
United States27.00%329,064,917
Dominican Republic27.00%10,738,958
Chile27.00%18,952,038
Canada26.50%37,411,047
Luxembourg26.01%615,729
Algeria26.00%43,053,054
Uruguay25.00%3,461,734
Tunisia25.00%11,694,719
Trinidad And Tobago25.00%1,394,973
Spain25.00%46,736,776
Zimbabwe25.00%14,645,468
Bolivia25.00%11,513,100
Panama25.00%4,246,439
Aruba25.00%106,314
Netherlands25.00%17,097,130
Bangladesh25.00%163,046,161
Mongolia25.00%3,225,167
Austria25.00%8,955,102
Jamaica25.00%2,948,279
Ivory Coast25.00%25,716,544
Indonesia25.00%270,625,568
Honduras25.00%9,746,117
Guatemala25.00%17,581,472
Ghana25.00%30,417,856
Antigua And Barbuda25.00%97,118
Djibouti25.00%973,560
Ecuador25.00%17,373,662
Dominica25.00%71,808
China25.00%1,433,783,686
Myanmar25.00%54,045,420
Malaysia24.00%31,949,777
Italy24.00%60,550,075
Israel23.00%8,519,377
Egypt22.50%100,388,073
Turkey22.00%83,429,615
Botswana22.00%2,303,697
Norway22.00%5,378,857
Denmark22.00%5,771,876
Sweden21.40%10,036,379
Slovakia21.00%5,457,013
Portugal21.00%10,226,187
Yemen20.00%29,161,922
Turkmenistan20.00%5,942,089
Thailand20.00%69,625,582
Vietnam20.00%96,462,106
Saudi Arabia20.00%34,268,528
Russia20.00%145,872,256
Armenia20.00%2,957,731
Madagascar20.00%26,969,307
Libya20.00%6,777,452
Latvia20.00%1,906,743
Jordan20.00%10,101,694
Afghanistan20.00%38,041,754
Kazakhstan20.00%18,551,427
Iceland20.00%339,031
Azerbaijan20.00%10,047,718
Finland20.00%5,532,156
Fiji20.00%889,953
Estonia20.00%1,325,648
Taiwan20.00%23,773,876
Cambodia20.00%16,486,542
United Kingdom19.00%67,530,172
Slovenia19.00%2,078,654
Poland19.00%37,887,768
Czech Republic19.00%10,689,209
Ukraine18.00%43,993,638
Switzerland18.00%8,591,365
Croatia18.00%4,130,304
Belarus18.00%9,452,411
Singapore17.00%5,804,337
Lebanon17.00%6,855,713
Romania16.00%19,364,557
Albania15.00%2,880,917
Serbia15.00%8,772,235
Oman15.00%4,974,986
Mauritius15.00%1,269,668
Lithuania15.00%2,759,627
Kuwait15.00%4,207,083
Iraq15.00%39,309,783
Georgia15.00%3,996,765
Liechtenstein12.50%38,019
Ireland12.50%4,882,495
Cyprus12.50%1,198,575
Moldova12.00%4,043,263
Macau12.00%640,445
Macedonia10.00%2,083,459
Bosnia And Herzegovina10.00%3,301,000
Qatar10.00%2,832,067
Paraguay10.00%7,044,636
Kyrgyzstan10.00%6,415,850
Gibraltar10.00%33,701
Andorra10.00%77,142
Bulgaria10.00%7,000,119
Montenegro9.00%627,987
Hungary9.00%9,684,679
Uzbekistan7.50%32,981,716
Barbados5.50%287,025
Isle Of Man0.00%84,584
Turks And Caicos Islands0.00%38,191
Anguilla0.00%14,869
Bermuda0.00%62,506
Vanuatu0.00%299,882
Bahrain0.00%1,641,172
Bahamas0.00%389,482
Cayman Islands0.00%64,948