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Lowest Corporate-Tax Countries
Countries with the lowest headline corporate income-tax rates — orientation only, not a tax-planning recommendation.
- 1
Bahrain
- Corporate tax
- 0%
- Top income tax
- 0%
No personal/corp income tax (ex-oil/gas); 2025 onwards 15% corp tax on large MNEs (Pillar 2) only.
- 2
Hungary
- Corporate tax
- 9%
- Top income tax
- 15%
15% flat tax; 9% corp tax — lowest in EU.
- 3
United Arab Emirates
- Corporate tax
- 9%
- Top income tax
- 0%
No personal income tax and no general capital-gains tax on individuals; gains realised at business level are generally within the 9% corporate tax (from 2023-06, taxable profit >AED 375k).
- 4
Qatar
- Corporate tax
- 10%
- Top income tax
- 0%
No general capital-gains tax on individuals; gains realised by companies are generally taxed under the 10% corporate income tax.
- 5
Ireland
- Corporate tax
- 12.5%
- Top income tax
- 40%
The 12.5% rate applies to TRADING income only — non-trading (passive) income is generally taxed at 25%. It remains among the lowest in Europe; large multinationals meet the OECD Pillar Two 15% rate.
- 6
Canada
- Corporate tax
- 15%
- Top income tax
- 33%
Canada has no separate capital-gains rate: 50% of a gain is included in taxable income and taxed at the marginal rate, so the top federal effective rate is 33% × 50% = 16.5%, with provincial tax on top. The 66.67% inclusion rate proposed in 2024 was cancelled on 2025-03-21 and never took effect. The 33% income figure is the top federal bracket; provinces add 4–21%.
- 7
Germany
- Corporate tax
- 15.825%
- Top income tax
- 45%
Corporate figure is the national rate: 15% CIT + 5.5% solidarity surcharge = 15.825%. Municipal trade tax (Gewerbesteuer, ~7–21% by local multiplier) applies on top — combined effective corporate tax is typically ~30–33%. "Rich tax" 45% triggers ~€278k; CGT 25% + solidarity 5.5% = 26.375%.
- 8
Switzerland
- Corporate tax
- 16.1%
- Top income tax
- 32.5%
No single capital-gains rate: gains on privately held movable property (listed shares included) are generally exempt, gains on real property are taxed at cantonal level, and an investor reclassified as a professional securities dealer is taxed on income. Federal + cantonal + communal layers, so the combined burden varies by canton.
- 9
Hong Kong
- Corporate tax
- 16.5%
- Top income tax
- 16%
Salaries tax capped by the two-tier standard rate 15%/16% (progressive 2–17% if lower) — top earners pay 16%. Territorial source; no CGT, no estate tax, no sales tax.
- 10
Singapore
- Corporate tax
- 17%
- Top income tax
- 24%
No general capital-gains tax, but gains that are trading in nature can still be taxable. Dividends exempt (single-tier); foreign-source income exempt under conditions.
- 11
Portugal
- Corporate tax
- 19%
- Top income tax
- 48%
CIT cut to 19% for 2026 (17% planned by 2028). NHR closed to new applicants 2024-04; IFICI replaces for high-value-added work.
- 12
Poland
- Corporate tax
- 19%
- Top income tax
- 32%
- 13
Finland
- Corporate tax
- 20%
- Top income tax
- 37.5%
- 14
Taiwan
- Corporate tax
- 20%
- Top income tax
- 40%
No single capital-gains rate: the securities transaction income tax is currently suspended, real-property transfers fall under their own consolidated housing and land regime, and other gains may be taxed as income.
- 15
Thailand
- Corporate tax
- 20%
- Top income tax
- 35%
Capital gains are generally taxed as ordinary personal or corporate income — there is no separate capital-gains tax; gains on SET-listed shares can be exempt for individuals. Foreign income taxed on remittance (2024 change).
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