MC · EuropeUA · Europe
Monaco vs Ukraine: tax rates compared
Ukraine's income tax rate is 18pp higher than Monaco's (18% vs 0%). The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Ukraine's 2026-06-30, 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 | UA | Difference |
|---|---|---|---|
| Income Tax | 0% | 18% | UA +18 pplargest gap |
| Corporate Tax | 25% | 18% | MC +7 pp |
| VAT | 20% | 20% | match |
| Capital Gains Tax | 0% | 18% | UA +18 pp |
| Crypto Tax | 0% | 18% | UA +18 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 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30 |
| Difference | −18 pp | Ukraine higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ukraine | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Monaco higher |
Monaco's corporate tax rate is 7pp higher than Ukraine's (25% vs 18%). The 201-country average is 22.6%: Monaco sits above it, Ukraine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Ukraine | 20% | Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
Monaco's VAT rate is identical to Ukraine's — both sit at 20%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Ukraine's 2026-06-30, 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 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30 |
| Difference | −18 pp | Ukraine higher |
Ukraine's capital gains tax rate is 18pp higher than Monaco's (18% vs 0%). The 175-country average is 10.3%: Monaco sits below it, Ukraine sits above it. Monaco's figure is dated 2025-10-01 and Ukraine's 2026-06-30, 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 |
| Ukraine | 18% | Source: State Tax Service of Ukraine, Odesa Oblast — official explainer on personal income tax and military levy taxation of individual income from cryptocurrency transactions · as of 2024-07-18 |
| Difference | −18 pp | Ukraine higher |
Ukraine's crypto tax rate is 18pp higher than Monaco's (18% vs 0%). The 88-country average is 13%: Monaco sits below it, Ukraine sits above it. Monaco's figure is dated 2023-03-13 and Ukraine's 2024-07-18, 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 |
| Ukraine | 0% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
Monaco's wealth tax rate is identical to Ukraine's — both sit at 0%. The 193-country average is 0.1%: both sit below it.