BD · AsiaMV · Asia

Bangladesh vs Maldives: tax rates compared

Bangladesh has an income tax rate of 30%, 15pp above Maldives's 15%. The 200-country average is 28%: Bangladesh sits above it, Maldives sits below it. Bangladesh's figure is dated 2025-12-18 and Maldives's 2020-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income15%30%Corporate15%27.5%VAT8%15%Wealth Tax0%
four shared taxes, side by side
Tax BD MVDifference
Income Tax30%15%BD +15 pplargest gap
Corporate Tax27.5%15%BD +12.5 pp
VAT15%8%BD +7 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bangladesh30%Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Taxes on personal income) · as of 2025-12-18
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference+15 ppBangladesh higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bangladesh27.5%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+12.5 ppBangladesh higher

Bangladesh has a corporate tax rate of 27.5%, 12.5pp above Maldives's 15%. The 201-country average is 22.6%: Bangladesh sits above it, Maldives sits below it.

VAT

VAT, side by side
CountryRateSource
Bangladesh15%Source: PWC Worldwide Tax Summaries — Bangladesh (Corporate, Other taxes) · as of 2025-12-18
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference+7 ppBangladesh higher

Bangladesh has a VAT rate of 15%, 7pp above Maldives's 8%. The 181-country average is 15%: Bangladesh matches the world average, Maldives sits below it. Bangladesh's figure is dated 2025-12-18 and Maldives's 2023-01-01, so the two rates come from different data vintages.

Wealth Tax

Bangladesh and Maldives share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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