MV · AsiaSK · Europe

Maldives vs Slovakia: tax rates compared

Slovakia has an income tax rate of 25%, 10pp above Maldives's 15%. The 200-country average is 28%: both sit below it. Maldives's figure is dated 2020-01-01 and Slovakia'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%25%Corporate15%24%VAT8%23%Wealth Tax0%
four shared taxes, side by side
Tax MV SKDifference
Income Tax15%25%SK +10 pp
Corporate Tax15%24%SK +9 pp
VAT8%23%SK +15 pplargest gap
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
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−10 ppSlovakia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9 ppSlovakia higher

Slovakia has a corporate tax rate of 24%, 9pp above Maldives's 15%. The 201-country average is 22.6%: Maldives sits below it, Slovakia 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
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−15 ppSlovakia higher

Slovakia has a VAT rate of 23%, 15pp above Maldives's 8%. The 181-country average is 15%: Maldives sits below it, Slovakia sits above it. Maldives's figure is dated 2023-01-01 and Slovakia's 2025-01-01, 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference0 ppdisplayed rates match

Maldives and Slovakia 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 Slovakia's 2026-01-20, so the two rates come from different data vintages.

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