DM · AmericasMV · Asia
Dominica vs Maldives: tax rates compared
Dominica has an income tax rate of 35%, 20pp above Maldives's 15%. The 200-country average is 28%: Dominica sits above it, Maldives sits below it. Dominica's figure is dated 2018-01-01 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
| Tax | DM | MV | Difference |
|---|---|---|---|
| Income Tax | 35% | 15% | DM +20 pplargest gap |
| Corporate Tax | 25% | 15% | DM +10 pp |
| VAT | 15% | 8% | DM +7 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 35% | Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01 |
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Difference | +20 pp | Dominica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Dominica higher |
Dominica has a corporate tax rate of 25%, 10pp above Maldives's 15%. The 201-country average is 22.6%: Dominica sits above it, Maldives sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Dominica | 15% | Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01 |
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Difference | +7 pp | Dominica higher |
Dominica has a VAT rate of 15%, 7pp above Maldives's 8%. The 181-country average is 15%: Dominica matches the world average, Maldives sits below it. Dominica's figure is dated 2006-03-01 and Maldives's 2023-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 0% | Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18 |
| Maldives | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Dominica and Maldives share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Dominica's figure is dated 2026-07-18 and Maldives's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.