KW · AsiaSO · Africa

Kuwait vs Somalia: tax rates compared

Somalia has an income tax rate of 18%, 18pp above Kuwait's 0%. The 200-country average is 28%: both sit below it. Kuwait's figure is dated 2026-01-15 and Somalia's 2025-11-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income0%18%Corporate15%Wealth Tax0%
three shared taxes, side by side
Tax KW SODifference
Income Tax0%18%SO +18 pplargest gap
Corporate Tax15%15%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Kuwait0%Source: PWC Worldwide Tax Summaries — Kuwait (Individual, Taxes on personal income) · as of 2026-01-15
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference−18 ppSomalia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Kuwait15%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
Difference0 ppdisplayed rates match

Kuwait and Somalia share the same corporate tax rate: 15%. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Kuwait0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-15
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Kuwait and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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