MV · AsiaPT · Europe

Maldives vs Portugal: tax rates compared

Portugal has an income tax rate of 53%, 38pp above Maldives's 15%. The 200-country average is 28%: Maldives sits below it, Portugal sits above it. Maldives's figure is dated 2020-01-01 and Portugal's 2025-01-01, 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

0102030405060Income15%53%Corporate15%30.5%VAT8%23%Wealth Tax0%
four shared taxes, side by side
Tax MV PTDifference
Income Tax15%53%PT +38 pplargest gap
Corporate Tax15%30.5%PT +15.5 pp
VAT8%23%PT +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−38 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15.5 ppPortugal higher

Portugal has a corporate tax rate of 30.5%, 15.5pp above Maldives's 15%. The 201-country average is 22.6%: Maldives sits below it, Portugal sits above it.

VAT

VAT, side by side
CountryRateSource
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−15 ppPortugal higher

Portugal has a VAT rate of 23%, 15pp above Maldives's 8%. The 181-country average is 15%: Maldives sits below it, Portugal sits above it. Maldives's figure is dated 2023-01-01 and Portugal's 2026-07-24, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Maldives0%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
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

Maldives and Portugal share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Maldives's figure is dated 2025-10-01 and Portugal's 2026-01-05, so the two rates come from different data vintages.

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