LI · EuropeMC · Europe

Liechtenstein vs Monaco: tax rates compared

Liechtenstein has an income tax rate of 22.4%, 22.4pp above Monaco's 0%. The 200-country average is 28%: both sit below it. Liechtenstein's figure is dated 2026-06-09 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

0102030405060Income0%22.4%Corporate12.5%25%VAT8.1%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax LI MCDifference
Income Tax22.4%0%LI +22.4 pplargest gap
Corporate Tax12.5%25%MC +12.5 pp
VAT8.1%20%MC +11.9 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Liechtenstein22.4%Source: PWC Worldwide Tax Summaries — Liechtenstein (Individual, Taxes on personal income) · as of 2026-06-09
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Difference+22.4 ppLiechtenstein higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Liechtenstein12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12.5 ppMonaco higher

Monaco has a corporate tax rate of 25%, 12.5pp above Liechtenstein's 12.5%. The 201-country average is 22.6%: Liechtenstein sits below it, Monaco sits above it.

VAT

VAT, side by side
CountryRateSource
Liechtenstein8.1%Source: PWC Worldwide Tax Summaries — Liechtenstein (Corporate, Other taxes) · as of 2024-01-01
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Difference−11.9 ppMonaco higher

Monaco has a VAT rate of 20%, 11.9pp above Liechtenstein's 8.1%. The 181-country average is 15%: Liechtenstein sits below it, Monaco sits above it. Liechtenstein's figure is dated 2024-01-01 and Monaco's 2023-03-07, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Liechtenstein0%Source: PWC Worldwide Tax Summaries — Liechtenstein (Individual, Income determination) · as of 2026-06-09
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Difference0 ppdisplayed rates match

Liechtenstein and Monaco share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Liechtenstein's figure is dated 2026-06-09 and Monaco's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Liechtenstein0%Source: PWC Worldwide Tax Summaries — Liechtenstein (Individual, Other taxes) · as of 2026-06-09
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.