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Rwanda vs Singapore: tax rates compared
Rwanda's income tax rate is 6pp higher than Singapore's (30% vs 24%). The 200-country average is 28%: Rwanda 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
| Tax | RW | SG | Difference |
|---|---|---|---|
| Income Tax | 30% | 24% | RW +6 pp |
| Corporate Tax | 28% | 17% | RW +11 pplargest gap |
| VAT | 18% | 9% | RW +9 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Rwanda | 30% | Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +6 pp | Rwanda higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Rwanda | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +11 pp | Rwanda higher |
Rwanda's corporate tax rate is 11pp higher than Singapore's (28% vs 17%). The 201-country average is 22.6%: Rwanda sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Rwanda | 18% | Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +9 pp | Rwanda higher |
Rwanda's VAT rate is 9pp higher than Singapore's (18% vs 9%). The 181-country average is 15%: Rwanda sits above it, Singapore sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Rwanda | 0% | Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Rwanda's capital gains tax rate is identical to Singapore's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Rwanda | 0% | Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Rwanda'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.