Liechtenstein vs Monaco
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฑ๐ฎ Liechtenstein โ Municipal Tax Supplements
Liechtenstein's 11 municipalities levy a municipal supplement on national income tax ranging from 150%โ250% of the base amount. Liechtenstein is a financial centre with very competitive corporate and income taxes. The Principality has a customs and currency union with Switzerland (using Swiss franc). It joined the EEA in 1995 and is noted for its foundation and trust law used for wealth structuring globally.
๐ฒ๐จ 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.
Liechtenstein vs Monaco: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฑ๐ฎ Liechtenstein has a higher top income tax rate (2.5โ22.4% vs 0%). ๐ฒ๐จ Monaco is more favourable for high earners.
๐ VAT/Sales Tax: Monaco has a higher consumption tax (8.1% vs 20%).
๐ข Corporate Tax: ๐ฑ๐ฎ Liechtenstein offers a lower corporate rate (12.5% vs 33.33%), which can influence business location decisions.