ME · EuropeRW · Africa
Montenegro vs Rwanda: tax rates compared
Rwanda has an income tax rate of 30%, 15pp above Montenegro's 15%. The 200-country average is 28%: Montenegro sits below it, Rwanda sits above it.
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 | ME | RW | Difference |
|---|---|---|---|
| Income Tax | 15% | 30% | RW +15 pplargest gap |
| Corporate Tax | 15% | 28% | RW +13 pp |
| VAT | 21% | 18% | ME +3 pp |
| Capital Gains Tax | 15% | 0% | ME +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Montenegro | 15% | Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27 |
| Rwanda | 30% | Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20 |
| Difference | −15 pp | Rwanda higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Montenegro | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Rwanda | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −13 pp | Rwanda higher |
Rwanda has a corporate tax rate of 28%, 13pp above Montenegro's 15%. The 201-country average is 22.6%: Montenegro sits below it, Rwanda sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Montenegro | 21% | Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27 |
| Rwanda | 18% | Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18 |
| Difference | +3 pp | Montenegro higher |
Montenegro has a VAT rate of 21%, 3pp above Rwanda's 18%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Montenegro | 15% | Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27 |
| Rwanda | 0% | Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18 |
| Difference | +15 pp | Montenegro higher |
Montenegro has a capital gains tax rate of 15%, 15pp above Rwanda's 0%. The 175-country average is 10.3%: Montenegro sits above it, Rwanda sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Montenegro | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27 |
| Rwanda | 0% | Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18 |
| Difference | 0 pp | displayed rates match |
Montenegro and Rwanda 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.