Monaco vs Ukraine
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.
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.
πΊπ¦ Ukraine β Local Council Taxes
Ukraine's 27 oblasts and the city of Kyiv have limited independent taxing powers β income tax is national. Local councils set rates for land tax (0.01%β3% of normative monetary value), real estate tax (up to 1.5% of minimum wage per sq.m.), and transport tax. Unified tax regimes for entrepreneurs (1β3 groups) are nationally set with simplified rates. Wartime conditions have significantly altered tax collection and enforcement. The simplified system (ΡΠ΄ΠΈΠ½ΠΈΠΉ ΠΏΠΎΠ΄Π°ΡΠΎΠΊ) covers ~60% of registered entrepreneurs.
Monaco vs Ukraine: Key Tax Differences (2026)
π° Income Tax: πΊπ¦ Ukraine has a higher top income tax rate (0% vs 18%). π²π¨ Monaco is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (20% vs 20%).
π’ Corporate Tax: πΊπ¦ Ukraine offers a lower corporate rate (18% vs 33.33%), which can influence business location decisions.
π Capital Gains: π²π¨ Monaco taxes investment gains at a lower rate (0% vs 18%), benefiting investors.