MV · AsiaST · Africa
Maldives vs São Tomé and Príncipe: tax rates compared
Between the two, São Tomé and Príncipe's income tax rate (25%) tops Maldives's (15%) by 10pp. The 200-country average is 28%: both sit below it. Maldives's figure is dated 2020-01-01 and São Tomé and Príncipe's 2009-10-08, 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
| Tax | MV | ST | Difference |
|---|---|---|---|
| Income Tax | 15% | 25% | ST +10 pplargest gap |
| Corporate Tax | 15% | 25% | ST +10 pp |
| VAT | 8% | 15% | ST +7 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| São Tomé and Príncipe | 25% | Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Art. 66 · as of 2009-10-08 |
| Difference | −10 pp | São Tomé and Príncipe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| São Tomé and Príncipe | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | São Tomé and Príncipe higher |
Between the two, São Tomé and Príncipe's corporate tax rate (25%) tops Maldives's (15%) by 10pp. The 201-country average is 22.6%: Maldives sits below it, São Tomé and Príncipe 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 |
| São Tomé and Príncipe | 15% | Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01 |
| Difference | −7 pp | São Tomé and Príncipe higher |
Between the two, São Tomé and Príncipe's VAT rate (15%) tops Maldives's (8%) by 7pp. The 181-country average is 15%: Maldives sits below it, São Tomé and Príncipe matches the world average.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.