KE · AfricaMC · Europe
Kenya vs Monaco: tax rates compared
Kenya's income tax rate is 35pp higher than Monaco's (35% vs 0%). The 200-country average is 28%: Kenya sits above it, Monaco sits below it. Kenya's figure is dated 2026-07-17 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | KE | MC | Difference |
|---|---|---|---|
| Income Tax | 35% | 0% | KE +35 pplargest gap |
| Corporate Tax | 30% | 25% | KE +5 pp |
| VAT | 16% | 20% | MC +4 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Kenya | 35% | Source: PWC Worldwide Tax Summaries — Kenya (Individual, Taxes on personal income) · as of 2026-07-17 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +35 pp | Kenya higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Kenya | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Kenya higher |
Kenya's corporate tax rate is 5pp higher than Monaco's (30% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Kenya | 16% | Source: PWC Worldwide Tax Summaries — Kenya (Corporate, Other taxes) · as of 2026-07-17 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | −4 pp | Monaco higher |
Monaco's VAT rate is 4pp higher than Kenya's (20% vs 16%). The 181-country average is 15%: both sit above it. Kenya's figure is dated 2026-07-17 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Kenya | 0% | Source: PWC Worldwide Tax Summaries — Kenya (Corporate, Other taxes) · as of 2026-07-17 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Kenya's capital gains tax rate is identical to Monaco's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Kenya's figure is dated 2026-07-17 and Monaco's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Kenya | 0% | Source: Kenya Revenue Authority — Types of Taxes (Individual) · as of 2026-07-18 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Kenya's wealth tax rate is identical to Monaco's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.