MC · EuropeME · Europe
Monaco vs Montenegro: tax rates compared
Montenegro's income tax rate is 15pp higher than Monaco's (15% vs 0%). The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Montenegro's 2026-03-27, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MC | ME | Difference |
|---|---|---|---|
| Income Tax | 0% | 15% | ME +15 pplargest gap |
| Corporate Tax | 25% | 15% | MC +10 pp |
| VAT | 20% | 21% | ME +1 pp |
| Capital Gains Tax | 0% | 15% | ME +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Montenegro | 15% | Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27 |
| Difference | −15 pp | Montenegro higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Montenegro | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Monaco higher |
Monaco's corporate tax rate is 10pp higher than Montenegro's (25% vs 15%). The 201-country average is 22.6%: Monaco sits above it, Montenegro sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Montenegro | 21% | Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −1 pp | Montenegro higher |
Montenegro's VAT rate is 1pp higher than Monaco's (21% vs 20%). The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Montenegro's 2026-03-27, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Montenegro | 15% | Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27 |
| Difference | −15 pp | Montenegro higher |
Montenegro's capital gains tax rate is 15pp higher than Monaco's (15% vs 0%). The 175-country average is 10.3%: Monaco sits below it, Montenegro sits above it. Monaco's figure is dated 2025-10-01 and Montenegro's 2026-03-27, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Montenegro | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Monaco's wealth tax rate is identical to Montenegro's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.