AZ · AsiaMC · Europe
Azerbaijan vs Monaco: tax rates compared
Azerbaijan has an income tax rate of 25%, 25pp above Monaco's 0%. The 200-country average is 28%: both sit below it. Azerbaijan's figure is dated 2026-01-09 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AZ | MC | Difference |
|---|---|---|---|
| Income Tax | 25% | 0% | AZ +25 pplargest gap |
| Corporate Tax | 20% | 25% | MC +5 pp |
| VAT | 18% | 20% | MC +2 pp |
| Capital Gains Tax | 14% | 0% | AZ +14 pp |
| Crypto Tax | 14% | 0% | AZ +14 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 25% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +25 pp | Azerbaijan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Monaco higher |
Monaco has a corporate tax rate of 25%, 5pp above Azerbaijan's 20%. The 201-country average is 22.6%: Azerbaijan sits below it, Monaco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 18% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Corporate, Other taxes) · as of 2026-01-09 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | −2 pp | Monaco higher |
Monaco has a VAT rate of 20%, 2pp above Azerbaijan's 18%. The 181-country average is 15%: both sit above it. Azerbaijan's figure is dated 2026-01-09 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 14% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | +14 pp | Azerbaijan higher |
Azerbaijan has a capital gains tax rate of 14%, 14pp above Monaco's 0%. The 175-country average is 10.3%: Azerbaijan sits above it, Monaco sits below it. Azerbaijan's figure is dated 2026-01-09 and Monaco's 2025-10-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 14% | Source: Azerbaijan State Tax Service — Suallar və cavablar (Questions and Answers), Q.10955 · as of 2026-06-30 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +14 pp | Azerbaijan higher |
Azerbaijan has a crypto tax rate of 14%, 14pp above Monaco's 0%. The 88-country average is 13%: Azerbaijan sits above it, Monaco sits below it. Azerbaijan's figure is dated 2026-06-30 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 0% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Other taxes) · as of 2026-01-09 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Azerbaijan and Monaco share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.