GG · Europe ↔ SO · Africa

Guernsey vs Somalia: tax rates compared

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

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%GG 0%SO 15%
Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppSomalia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%GG 0%SO 0%
Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Guernsey's wealth tax rate is identical to Somalia's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Somalia's 2026-07-18, so the two rates come from different data vintages.

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