MC · EuropeZW · Africa
Monaco vs Zimbabwe: tax rates compared
Zimbabwe has an income tax rate of 40%, 40pp above Monaco's 0%. The 200-country average is 28%: Monaco sits below it, Zimbabwe sits above it. Monaco's figure is dated 2023-03-13 and Zimbabwe's 2025-01-01, 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
| Tax | MC | ZW | Difference |
|---|---|---|---|
| Income Tax | 0% | 40% | ZW +40 pplargest gap |
| Corporate Tax | 25% | 25.8% | ZW +0.8 pp |
| VAT | 20% | 15.5% | MC +4.5 pp |
| Capital Gains Tax | 0% | 1% | ZW +1 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 |
| Zimbabwe | 40% | Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01 |
| Difference | −40 pp | Zimbabwe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zimbabwe | 25.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −0.8 pp | Zimbabwe higher |
Zimbabwe has a corporate tax rate of 25.8%, 0.8pp 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 |
| Zimbabwe | 15.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01 |
| Difference | +4.5 pp | Monaco higher |
Monaco has a VAT rate of 20%, 4.5pp above Zimbabwe's 15.5%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Zimbabwe's 2026-01-01, 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 |
| Zimbabwe | 1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01 |
| Difference | −1 pp | Zimbabwe higher |
Zimbabwe has a capital gains tax rate of 1%, 1pp above Monaco's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Zimbabwe | 0% | Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Monaco and Zimbabwe 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.