WorldTax CompareAll Comparisons

Saudi Arabia vs Belize
Tax Rate Comparison

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

🇸🇦 Saudi Arabia
vs
🇧🇿 Belize
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0% / 20%
No personal income tax; competitive positioning maintained
No change
0–25%
25% top; fiscal diversification from oil
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% VAT stable; GCC harmonization efforts
No change
12.5%
GST 12.5% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% CIT; special economic zone (NEOM etc.) benefits
No change
1.75–19%
Business tax system; Pillar Two reform discussions
No change

Capital Gains Tax

Capital Gains Tax
20%
20% via CIT framework
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~22.5%
GOSI contribution rates stable; expat levy increasing
No change
~8%
SSB reform; social protection expanding
No change
State, Regional & Local Taxes

🇸🇦 Saudi ArabiaZakat, Salam & Municipality Fees

Saudi Arabia has no local or regional income taxes on individuals — the Kingdom operates as a unitary state for tax purposes. Municipalities (amanaat) collect fees for commercial licences, land use, and services. Zakat (Islamic wealth levy at 2.5% of Zakat base) applies to Saudi nationals and GCC citizens with business income, instead of income tax. Foreign companies pay CIT at 20%. The government levies municipality fees of 2.5% on commercial and residential rents. Vision 2030 is transforming the fiscal landscape.

🇧🇿 BelizeMunicipal & Town Council Taxes

Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system — a turnover-based tax (1.75%–19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.

⚠️ 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.

Saudi Arabia vs Belize: Key Tax Differences (2026)

💰 Income Tax: 🇧🇿 Belize has a higher top income tax rate (0% / 20% vs 0–25%). 🇸🇦 Saudi Arabia is more favourable for high earners.

🛒 VAT/Sales Tax: Saudi Arabia has a higher consumption tax (15% vs 12.5%).

🏢 Corporate Tax: 🇧🇿 Belize offers a lower corporate rate (19% vs 20%), which can influence business location decisions.

📈 Capital Gains: 🇧🇿 Belize taxes investment gains at a lower rate (0% vs 20%), benefiting investors.

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All 🇸🇦 Saudi Arabia comparisons →All 🇧🇿 Belize comparisons →