BZ · AmericasMW · Africa
Belize vs Malawi: tax rates compared
Between the two, Malawi's income tax rate (40%) tops Belize's (25%) by 15pp. The 200-country average is 28%: Belize sits below it, Malawi sits above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BZ | MW | Difference |
|---|---|---|---|
| Income Tax | 25% | 40% | MW +15 pp |
| Corporate Tax | 0% | 30% | MW +30 pp |
| VAT | 12.5% | 17.5% | MW +5 pp |
| Capital Gains Tax | 0% | 40% | MW +40 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Malawi | 40% | Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30 |
| Difference | −15 pp | Malawi higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Malawi | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −30 pp | Malawi higher |
Between the two, Malawi's corporate tax rate (30%) tops Belize's (0%) by 30pp. The 201-country average is 22.6%: Belize sits below it, Malawi sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| Difference | −5 pp | Malawi higher |
Between the two, Malawi's VAT rate (17.5%) tops Belize's (12.5%) by 5pp. The 181-country average is 15%: Belize sits below it, Malawi sits above it. Belize's figure is dated 2011-12-31 and Malawi's 2026-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| Malawi | 40% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01 |
| Difference | −40 pp | Malawi higher |
Between the two, Malawi's capital gains tax rate (40%) tops Belize's (0%) by 40pp. The 175-country average is 10.3%: Belize sits below it, Malawi sits above it. Belize's figure is dated 2020-12-31 and Malawi's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and Malawi both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.