MC · EuropeTL · Asia

Monaco vs Timor-Leste: tax rates compared

Timor-Leste 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 Timor-Leste's 2026-03-05, 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%10%Corporate10%25%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax MC TLDifference
Income Tax0%10%TL +10 pp
Corporate Tax25%10%MC +15 pplargest gap
Capital Gains Tax0%10%TL +10 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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference−10 ppTimor-Leste higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Timor-Leste10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMonaco higher

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

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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference−10 ppTimor-Leste higher

Timor-Leste has a capital gains tax rate of 10%, 10pp above Monaco's 0%. The 175-country average is 10.3%: both sit below it. Monaco's figure is dated 2025-10-01 and Timor-Leste's 2026-03-05, 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
Timor-Leste0%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Other taxes) · as of 2026-03-05
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT, Crypto Tax.