MC · EuropeRS · Europe

Monaco vs Serbia: tax rates compared

Serbia has an income tax rate of 10%, 10pp above Monaco's 0%. The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Serbia's 2026-02-25, 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

0102030405060Income0%10%Corporate15%25%VAT20%Capital Gains0%15%Crypto0%15%Wealth Tax0%
six shared taxes, side by side
Tax MC RSDifference
Income Tax0%10%RS +10 pp
Corporate Tax25%15%MC +10 pp
VAT20%20%match
Capital Gains Tax0%15%RS +15 pplargest gap
Crypto Tax0%15%RS +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Serbia10%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference−10 ppSerbia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Serbia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppMonaco higher

Monaco has a corporate tax rate of 25%, 10pp above Serbia's 15%. The 201-country average is 22.6%: Monaco sits above it, Serbia sits below it.

VAT

VAT, side by side
CountryRateSource
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Serbia20%Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25
Difference0 ppdisplayed rates match

Monaco and Serbia share the same VAT rate: 20%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Serbia's 2026-02-25, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference−15 ppSerbia higher

Serbia has a capital gains tax rate of 15%, 15pp above Monaco's 0%. The 175-country average is 10.3%: Monaco sits below it, Serbia sits above it. Monaco's figure is dated 2025-10-01 and Serbia's 2026-02-25, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference−15 ppSerbia higher

Serbia has a crypto tax rate of 15%, 15pp above Monaco's 0%. The 88-country average is 13%: Monaco sits below it, Serbia sits above it. Monaco's figure is dated 2023-03-13 and Serbia's 2026-02-25, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Serbia0%Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25
Difference0 ppdisplayed rates match

Monaco and Serbia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.