GD · Americas ↔ KR · Asia
Grenada vs South Korea: tax rates compared
Grenada's corporate tax rate is 1.6pp higher than South Korea's (28% vs 26.4%). The 201-country average is 22.6%: both sit above it.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Korea | 26.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1.6 pp | Grenada higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.