GG · EuropeMV · Asia

Guernsey vs Maldives: tax rates compared

Guernsey's income tax rate is 5pp higher than Maldives's (20% vs 15%). The 200-country average is 28%: both sit below it. Guernsey's figure is dated 2025-12-17 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%20%Corporate0%15%VAT0%8%Wealth Tax0%
four shared taxes, side by side
Tax GG MVDifference
Income Tax20%15%GG +5 pp
Corporate Tax0%15%MV +15 pplargest gap
VAT0%8%MV +8 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference+5 ppGuernsey higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%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−15 ppMaldives higher

Maldives's corporate tax rate is 15pp higher than Guernsey's (15% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference−8 ppMaldives higher

Maldives's VAT rate is 8pp higher than Guernsey's (8% vs 0%). The 181-country average is 15%: both sit below it. Guernsey's figure is dated 2025-12-17 and Maldives's 2023-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
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

Guernsey's wealth tax rate is identical to Maldives's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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