WorldTax Compareโ† All Comparisons

Kuwait vs Monaco
Tax Rate Comparison

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

๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait
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
5%
VAT introduction at 5% expected 2025โ€“2026
โ–ฒ +5.0pp vs 2025
20%
French VAT: 20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15% foreign; domestic minimum tax for Pillar Two
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
~16%
PIFSS stable; expat levy discussions ongoing
No change
~30%
Social contributions stable; high living standards
No change
State, Regional & Local Taxes

๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait โ€” No Sub-National Tax Variation

Kuwait is a city-state with no local or regional income taxes. All taxation is national. Kuwait has no income tax on individuals (citizens or expatriates). Foreign companies operating in Kuwait pay corporate income tax at 15%. National Labour Support Tax (NLST) at 2.5% applies to Kuwaiti listed company profits. Zakat at 1% applies to Kuwaiti company profits. The Kuwait Investment Authority (KIA) manages the state's sovereign wealth fund, which generates significant non-tax revenue reducing fiscal dependency.

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.

Kuwait vs Monaco: Key Tax Differences (2026)

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

๐Ÿ›’ VAT/Sales Tax: Monaco has a higher consumption tax (5% vs 20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait offers a lower corporate rate (15% vs 33.33%), which can influence business location decisions.

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