DO · AmericasMV · Asia

Dominican Republic vs Maldives: tax rates compared

Between the two, Dominican Republic's income tax rate (25%) tops Maldives's (15%) by 10pp. The 200-country average is 28%: both sit below it. Dominican Republic's figure is dated 2025-12-05 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%25%Corporate15%27%VAT8%18%Wealth Tax0%
four shared taxes, side by side
Tax DO MVDifference
Income Tax25%15%DO +10 pp
Corporate Tax27%15%DO +12 pplargest gap
VAT18%8%DO +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference+10 ppDominican Republic higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominican Republic27%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 ppDominican Republic higher

Between the two, Dominican Republic's corporate tax rate (27%) tops Maldives's (15%) by 12pp. The 201-country average is 22.6%: Dominican Republic sits above it, Maldives sits below it.

VAT

VAT, side by side
CountryRateSource
Dominican Republic18%Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference+10 ppDominican Republic higher

Between the two, Dominican Republic's VAT rate (18%) tops Maldives's (8%) by 10pp. The 181-country average is 15%: Dominican Republic sits above it, Maldives sits below it. Dominican Republic's figure is dated 2025-12-05 and Maldives's 2023-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominican Republic0%Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05
Maldives0%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
Difference0 ppdisplayed rates match

There's no gap here — Dominican Republic and Maldives 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: Capital Gains Tax, Crypto Tax.