MZ · AfricaSG · Asia

Mozambique vs Singapore: tax rates compared

Mozambique's income tax rate is 8pp higher than Singapore's (32% vs 24%). The 200-country average is 28%: Mozambique sits above it, Singapore sits below 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

0102030405060Income24%32%Corporate17%32%VAT9%16%Capital Gains0%32%Wealth Tax0%
five shared taxes, side by side
Tax MZ SGDifference
Income Tax32%24%MZ +8 pp
Corporate Tax32%17%MZ +15 pp
VAT16%9%MZ +7 pp
Capital Gains Tax32%0%MZ +32 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mozambique32%Source: PWC Worldwide Tax Summaries — Mozambique (Individual, Taxes on personal income) · as of 2026-03-04
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+8 ppMozambique higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mozambique32%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMozambique higher

Mozambique's corporate tax rate is 15pp higher than Singapore's (32% vs 17%). The 201-country average is 22.6%: Mozambique sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Mozambique16%Source: PWC Worldwide Tax Summaries — Mozambique (Corporate, Other taxes) · as of 2026-03-04
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+7 ppMozambique higher

Mozambique's VAT rate is 7pp higher than Singapore's (16% vs 9%). The 181-country average is 15%: Mozambique sits above it, Singapore sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mozambique32%Source: PwC Worldwide Tax Summaries — Mozambique (Individual, Income determination) · as of 2026-03-04
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference+32 ppMozambique higher

Mozambique's capital gains tax rate is 32pp higher than Singapore's (32% vs 0%). The 175-country average is 10.3%: Mozambique sits above it, Singapore sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mozambique0%Source: PWC Worldwide Tax Summaries — Mozambique (Individual, Other taxes) · as of 2026-03-04
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Mozambique's wealth tax rate is identical to Singapore's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.