Portugal vs Georgia
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.
๐ต๐น Portugal โ Municipal & Regional Taxes
Portugal's 18 districts and 308 municipalities levy a municipal IRS surcharge (Derrama Municipal) of up to 1.5% of taxable income on residents. Municipalities also apply the Derrama Municipal on corporate profits (up to 1.5%). Madeira and Azores autonomous regions have their own lower tax regimes: Madeira has a 14.7% corporate rate in the MIBC (international business centre). Real estate transfer taxes (IMT) are municipal. The NHR (Non-Habitual Resident) regime attracted many foreigners until 2024 when it was replaced by IFICI.
๐ฌ๐ช Georgia โ Municipal Taxes
Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers โ income tax is nationally set. Municipalities levy property tax (gแแแแกแแฎแแแ qonebaze) at 0%โ1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system โ it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.
Portugal vs Georgia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ต๐น Portugal has a higher top income tax rate (13.25โ48% vs 20%). ๐ฌ๐ช Georgia is more favourable for high earners.
๐ VAT/Sales Tax: Portugal has a higher consumption tax (6โ23% vs 18%).
๐ข Corporate Tax: ๐ฌ๐ช Georgia offers a lower corporate rate (15% vs 19%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐ช Georgia taxes investment gains at a lower rate (15% vs 28%), benefiting investors.