MC · EuropeNG · Africa
Monaco vs Nigeria: tax rates compared
Nigeria has an income tax rate of 25%, 25pp above Monaco's 0%. The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Nigeria's 2026-05-29, so the two rates come from different data vintages.
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
| Tax | MC | NG | Difference |
|---|---|---|---|
| Income Tax | 0% | 25% | NG +25 pplargest gap |
| Corporate Tax | 25% | 30% | NG +5 pp |
| VAT | 20% | 7.5% | MC +12.5 pp |
| Capital Gains Tax | 0% | 25% | NG +25 pp |
| Crypto Tax | 0% | 25% | NG +25 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 |
| Nigeria | 25% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29 |
| Difference | −25 pp | Nigeria higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nigeria | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Nigeria higher |
Nigeria has a corporate tax rate of 30%, 5pp above Monaco's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Nigeria | 7.5% | Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +12.5 pp | Monaco higher |
Monaco has a VAT rate of 20%, 12.5pp above Nigeria's 7.5%. The 181-country average is 15%: Monaco sits above it, Nigeria sits below it. Monaco's figure is dated 2023-03-07 and Nigeria's 2026-05-29, 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 |
| Nigeria | 25% | Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29 |
| Difference | −25 pp | Nigeria higher |
Nigeria has a capital gains tax rate of 25%, 25pp above Monaco's 0%. The 175-country average is 10.3%: Monaco sits below it, Nigeria sits above it. Monaco's figure is dated 2025-10-01 and Nigeria's 2026-05-29, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Nigeria | 25% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Nigeria · as of 2025-10-01 |
| Difference | −25 pp | Nigeria higher |
Nigeria has a crypto tax rate of 25%, 25pp above Monaco's 0%. The 88-country average is 13%: Monaco sits below it, Nigeria sits above it. Monaco's figure is dated 2023-03-13 and Nigeria's 2025-10-01, 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 |
| Nigeria | 0% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Monaco and Nigeria share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.