TaxGlass

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Andorra vs Maldives: tax rates compared

Maldives has an income tax rate of 15%, 5pp above Andorra's 10%. The 200-country average is 28%: both sit below it. Andorra's figure is dated 2023-01-19 and Maldives's 2020-01-01, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%15%Corporate10%15%VAT4.5%8%
three shared taxes, side by side
Tax AD MVDifference
Income Tax10%15%MV +5 pplargest gap
Corporate Tax10%15%MV +5 pp
VAT4.5%8%MV +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Andorra10%Source: Consell General (Parliament of Andorra) — Llei 5/2023, del 19 de gener, de mesures per a la reforma de la imposició directa · as of 2023-01-19
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference−5 ppMaldives higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Andorra10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppMaldives higher

Maldives has a corporate tax rate of 15%, 5pp above Andorra's 10%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Andorra4.5%Source: Butlletí Oficial del Principat d'Andorra (BOPA) — Llei 11/2012, de l'impost general indirecte (text refós) · as of 2014-07-30
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference−3.5 ppMaldives higher

Maldives has a VAT rate of 8%, 3.5pp above Andorra's 4.5%. The 181-country average is 15%: both sit below it. Andorra's figure is dated 2014-07-30 and Maldives's 2023-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.