WorldTax Compareโ† All Comparisons

Bahrain vs Monaco
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ง๐Ÿ‡ญ Bahrain
vs
๐Ÿ‡ฒ๐Ÿ‡จ Monaco
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0%
No personal income tax
No change
0%
No personal income tax maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
10% maintained
No change
20%
French VAT: 20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
0%
0% standard; MNC Pillar Two compliance maturing
No change
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0%
No CGT for residents
No change
Social Security & Payroll
Social Security / Payroll
~19%
SIO contributions stable
No change
~30%
Social contributions stable; high living standards
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ญ Bahrain โ€” Municipal Fees & Levies

Bahrain has no income tax on individuals and no corporate income tax for most businesses outside the oil sector. Municipalities collect fees for commercial registrations and services. Bahrain introduced VAT at 5% in 2019, raised to 10% in 2022. Social insurance is administered by the Social Insurance Organization (SIO). Bahrain's Economic Vision 2030 aims to diversify from oil. The country is a regional financial hub and attracts holding companies due to its zero-tax environment for most activities.

๐Ÿ‡ฒ๐Ÿ‡จ Monaco โ€” No Sub-National Tax Variation

Monaco is a city-state with no sub-national taxation. Monaco has no personal income tax for residents (with limited exception for French nationals under a bilateral treaty). Corporate tax at 33.33% applies only to companies deriving more than 25% of revenue from outside Monaco. This principality between France and Italy is the world's most famous tax haven โ€” with the world's highest per-capita millionaires. VAT is aligned with the French system.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Bahrain vs Monaco: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: Bahrain and Monaco have similar top income tax rates (0% vs 0%).

๐Ÿ›’ VAT/Sales Tax: Monaco has a higher consumption tax (10% vs 20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ญ Bahrain offers a lower corporate rate (0% vs 33.33%), which can influence business location decisions.

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