MV · AsiaNP · Asia
Maldives vs Nepal: tax rates compared
Nepal's income tax rate is 15pp higher than Maldives's (30% vs 15%). The 200-country average is 28%: Maldives sits below it, Nepal sits above it. Maldives's figure is dated 2020-01-01 and Nepal's 2026-01-02, 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
| Tax | MV | NP | Difference |
|---|---|---|---|
| Income Tax | 15% | 30% | NP +15 pplargest gap |
| Corporate Tax | 15% | 25% | NP +10 pp |
| VAT | 8% | 13% | NP +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Nepal | 30% | Source: Inland Revenue Department (Nepal) — Income Tax Act, 2058 (2002), as amended by Finance Act 2082, Schedule 1 (clause 1) · as of 2026-01-02 |
| Difference | −15 pp | Nepal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nepal | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Nepal higher |
Nepal's corporate tax rate is 10pp higher than Maldives's (25% vs 15%). The 201-country average is 22.6%: Maldives sits below it, Nepal sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Nepal | 13% | Source: Value Added Tax Act, 2052 (1995), as amended — Inland Revenue Department, Nepal · as of 2005-01-01 |
| Difference | −5 pp | Nepal higher |
Nepal's VAT rate is 5pp higher than Maldives's (13% vs 8%). The 181-country average is 15%: both sit below it. Maldives's figure is dated 2023-01-01 and Nepal's 2005-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 0% | 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 |
| Nepal | 0% | Source: Inland Revenue Department, Nepal — official site (list of administered tax laws) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Maldives's wealth tax rate is identical to Nepal's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Maldives's figure is dated 2025-10-01 and Nepal's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.