MC · EuropeZM · Africa

Monaco vs Zambia: tax rates compared

Zambia has an income tax rate of 37%, 37pp above Monaco's 0%. The 200-country average is 28%: Monaco sits below it, Zambia sits above it. Monaco's figure is dated 2023-03-13 and Zambia's 2026-01-01, 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

0102030405060Income0%37%Corporate25%30%VAT16%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax MC ZMDifference
Income Tax0%37%ZM +37 pplargest gap
Corporate Tax25%30%ZM +5 pp
VAT20%16%MC +4 pp
Capital Gains Tax0%0%match
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
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference−37 ppZambia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zambia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppZambia higher

Zambia has a corporate tax rate of 30%, 5pp above Monaco's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference+4 ppMonaco higher

Monaco has a VAT rate of 20%, 4pp above Zambia's 16%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Zambia's 2026-03-20, 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
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference0 ppdisplayed rates match

Monaco and Zambia share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Monaco's figure is dated 2025-10-01 and Zambia's 2026-03-20, 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
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.