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Namibia vs Armenia
Tax Rate Comparison

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

🇳🇦 Namibia
vs
🇦🇲 Armenia
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–37%
37% top; oil revenues expected from 2026+
No change
20%
Flat 20%; tech hub status attracting IT workers
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% stable
No change
20%
20% stable
No change

Corporate Tax Rate

Corporate Tax Rate
32%
32%; petroleum fiscal regime evolving for new fields
No change
18%
18%; tech incentives; Pillar Two considerations
No change

Capital Gains Tax

Capital Gains Tax
0%
CGT reform discussions ongoing
No change
10%
10% maintained
No change

Social Security & Payroll

Social Security / Payroll
~9%
SSC; pension fund development
No change
~21.5%
Pension system maturing
No change
State, Regional & Local Taxes

🇳🇦 NamibiaRegional Councils & Local Authorities

Namibia's 14 regional councils and local authority councils levy property rates, business licences, and local fees. The Namibia Revenue Agency (NamRA) administers national taxes. Namibia is a significant mining economy — diamonds (Namdeb/De Beers), uranium (one of world's largest producers), copper. A major TotalEnergies Orange Basin offshore oil discovery is advancing toward production. Non-resident shareholders' tax (NRST) at 10%–20% applies on dividends. Namibia has one of Africa's more functional tax administrations.

🇦🇲 ArmeniaCommunity & Municipal Taxes

Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.

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

Namibia vs Armenia: Key Tax Differences (2026)

💰 Income Tax: 🇳🇦 Namibia has a higher top income tax rate (0–37% vs 20%). 🇦🇲 Armenia is more favourable for high earners.

🛒 VAT/Sales Tax: Armenia has a higher consumption tax (15% vs 20%).

🏢 Corporate Tax: 🇦🇲 Armenia offers a lower corporate rate (18% vs 32%), which can influence business location decisions.

📈 Capital Gains: 🇳🇦 Namibia taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

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All 🇳🇦 Namibia comparisons →All 🇦🇲 Armenia comparisons →