MT · EuropeSG · Asia

Malta vs Singapore: tax rates compared

Between the two, Malta's income tax rate (35%) tops Singapore's (24%) by 11pp. The 200-country average is 28%: Malta sits above it, Singapore sits below it.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income24%35%Corporate17%35%VAT9%18%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax MT SGDifference
Income Tax35%24%MT +11 pp
Corporate Tax35%17%MT +18 pplargest gap
VAT18%9%MT +9 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Malta35%Source: PWC Worldwide Tax Summaries — Malta (Individual, Taxes on personal income) · as of 2026-01-01
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+11 ppMalta higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malta35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+18 ppMalta higher

Between the two, Malta's corporate tax rate (35%) tops Singapore's (17%) by 18pp. The 201-country average is 22.6%: Malta sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Malta18%Source: PWC Worldwide Tax Summaries — Malta (Corporate, Other taxes) · as of 2026-02-19
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+9 ppMalta higher

Between the two, Malta's VAT rate (18%) tops Singapore's (9%) by 9pp. The 181-country average is 15%: Malta sits above it, Singapore sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Malta0%Source: PwC Worldwide Tax Summaries — Malta (Individual, Income determination) · as of 2026-02-19
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

There's no gap here — Malta and Singapore both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Malta0%Source: Malta Commissioner for Revenue — Guidelines on the Income Tax Treatment of Transactions or Arrangements Involving DLT Assets · as of 2018-11-01
Singapore0%Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30
Difference0 ppdisplayed rates match

There's no gap here — Malta and Singapore both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Malta's figure is dated 2018-11-01 and Singapore's 2026-01-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malta0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-19
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

There's no gap here — Malta and Singapore both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.