MV · AsiaCH · Europe

Maldives vs Switzerland: tax rates compared

Switzerland has an income tax rate of 41.4%, 26.4pp above Maldives's 15%. The 200-country average is 28%: Maldives sits below it, Switzerland sits above it. Maldives's figure is dated 2020-01-01 and Switzerland'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%41.4%Corporate15%19.6%VAT8%8.1%Wealth Tax0%0.9%
four shared taxes, side by side
Tax MV CHDifference
Income Tax15%41.4%CH +26.4 pplargest gap
Corporate Tax15%19.6%CH +4.6 pp
VAT8%8.1%CH +0.1 pp
Wealth Tax0%0.9%CH +0.9 pp

Income Tax

Income Tax, side by side
CountryRateSource
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−26.4 ppSwitzerland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4.6 ppSwitzerland higher

Switzerland has a corporate tax rate of 19.6%, 4.6pp above Maldives's 15%. The 201-country average is 22.6%: both sit below 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
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference−0.1 ppSwitzerland higher

Switzerland has a VAT rate of 8.1%, 0.1pp above Maldives's 8%. The 181-country average is 15%: both sit below it. Maldives's figure is dated 2023-01-01 and Switzerland's 2026-07-01, so the two rates come from different data vintages.

Wealth Tax

Switzerland has a wealth tax rate of 0.9%, 0.9pp above Maldives's 0%. The 193-country average is 0.1%: Maldives sits below it, Switzerland sits above it.

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