Kenya vs Monaco
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π°πͺ Kenya β County & Local Authority Taxes
Kenya's 47 counties levy business permits (single business permit), property rates, and various local service charges. County governments have own-source revenue from markets, parking, land rates, and entertainment taxes. The Kenya Revenue Authority (KRA) administers national taxes. A housing levy of 1.5% of gross salary (employer+employee) was introduced in 2023. The digital service tax (DST) at 1.5% on digital marketplace revenues was replaced by a significant economic presence tax framework.
π²π¨ Monaco β 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 β with the world's highest per-capita millionaires. VAT is aligned with the French system.
Kenya vs Monaco: Key Tax Differences (2026)
π° Income Tax: π°πͺ Kenya has a higher top income tax rate (10β35% vs 0%). π²π¨ Monaco is more favourable for high earners.
π VAT/Sales Tax: Monaco has a higher consumption tax (16% vs 20%).
π’ Corporate Tax: π°πͺ Kenya offers a lower corporate rate (30% vs 33.33%), which can influence business location decisions.
π Capital Gains: π²π¨ Monaco taxes investment gains at a lower rate (0% vs 15%), benefiting investors.