MV · AsiaVU · Oceania

Maldives vs Vanuatu: tax rates compared

Maldives's income tax rate is 15pp higher than Vanuatu's (15% vs 0%). The 200-country average is 28%: both sit below it. Maldives's figure is dated 2020-01-01 and Vanuatu's 2026-07-20, 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

0102030405060Income0%15%Corporate0%15%VAT8%15%Wealth Tax0%
four shared taxes, side by side
Tax MV VUDifference
Income Tax15%0%MV +15 pplargest gap
Corporate Tax15%0%MV +15 pp
VAT8%15%VU +7 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
Vanuatu0%Source: Vanuatu Department of Customs and Inland Revenue — Information for Rent House Owners (Rent Tax) · as of 2026-07-20
Difference+15 ppMaldives higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Vanuatu0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMaldives higher

Maldives's corporate tax rate is 15pp higher than Vanuatu's (15% vs 0%). 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
Vanuatu15%Source: Department of Customs and Inland Revenue, Vanuatu — VAT Rate Change Notice to Retailers · as of 2018-01-01
Difference−7 ppVanuatu higher

Vanuatu's VAT rate is 7pp higher than Maldives's (15% vs 8%). The 181-country average is 15%: Maldives sits below it, Vanuatu matches the world average. Maldives's figure is dated 2023-01-01 and Vanuatu's 2018-01-01, 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
Vanuatu0%Source: Vanuatu Department of Customs and Inland Revenue (official site) · as of 2026-07-18
Difference0 ppdisplayed rates match

Maldives's wealth tax rate is identical to Vanuatu'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 Vanuatu's 2026-07-18, so the two rates come from different data vintages.

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