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📊 LOW TAX RATE COUNTRIES (1-15% PIT)

30 countries with competitive personal income tax rates — sorted by PIT rate, lowest first
📉 ALL LOW-RATE JURISDICTIONS (30)

Countries with personal income tax rates at or below 15%. Sorted by PIT rate (lowest first). Excludes zero-PIT countries.

Country PIT CIT VAT CGT Soc. Sec. System Regime
🇬🇹 Guatemala 7.0% 25.0% 12.0% 10.0% 4.8% Territorial
🇷🇴 Romania 10.0% 16.0% 21.0% 10.0% 35.0% Worldwide 🏷️
🇧🇬 Bulgaria 10.0% 10.0% 20.0% 10.0% 13.8% Worldwide
🇦🇩 Andorra 10.0% 10.0% 4.5% 10.0% 5.5% Worldwide 🏷️
🇧🇦 Bosnia and Herzegovina 10.0% 10.0% 17.0% 10.0% 31.0% Worldwide
🇷🇸 Serbia 10.0% 15.0% 20.0% 15.0% 19.9% Worldwide
🇲🇰 North Macedonia 10.0% 10.0% 18.0% 10.0% 0.0% Worldwide
🇵🇾 Paraguay 10.0% 10.0% 10.0% 8.0% 9.0% Territorial
🇰🇬 Kyrgyzstan 10.0% 10.0% 12.0% 10.0% -- Worldwide
🇹🇲 Turkmenistan 10.0% 8.0% 15.0% 2.0% -- Worldwide
🇫🇲 Micronesia 10.0% 21.0% 5.0% -- -- Territorial
🇹🇱 East Timor 10.0% 10.0% -- -- -- Territorial
🇽🇰 Kosovo 10.0% 10.0% 18.0% 0.0% -- Worldwide
🇨🇭 Switzerland 11.5% 8.5% 8.1% 0.0% 6.4% Worldwide 🏷️
🇵🇼 Palau 12.0% 4.0% 10.0% -- -- Territorial
🇲🇴 Macau 12.0% 12.0% 0.0% 0.0% 1.5% Territorial
🇺🇿 Uzbekistan 12.0% 15.0% 12.0% 12.0% -- Worldwide
🇲🇭 Marshall Islands 12.0% 3.0% -- -- -- Territorial
🇲🇩 Moldova 12.0% 12.0% 20.0% 12.0% 0.0% Worldwide
🇧🇴 Bolivia 13.0% 25.0% 13.0% -- 12.7% Territorial
🇹🇯 Tajikistan 13.0% 18.0% 15.0% 12.0% -- Worldwide
🇮🇶 Iraq 15.0% 15.0% 0.0% 0.0% -- Territorial
🇸🇩 Sudan 15.0% 30.0% 17.0% -- -- Worldwide
🇸🇹 São Tomé and Príncipe 15.0% 25.0% 15.0% -- -- Territorial
🇲🇪 Montenegro 15.0% 15.0% 21.0% 15.0% 10.5% Worldwide 🏷️
🇲🇻 Maldives 15.0% 15.0% 8.0% 0.0% 7.0% Worldwide
🇰🇿 Kazakhstan 15.0% 20.0% 16.0% 10.0% 10.0% Worldwide
🇭🇺 Hungary 15.0% 9.0% 27.0% 15.0% 18.5% Worldwide
🇸🇨 Seychelles 15.0% 25.0% 15.0% 0.0% 0.0% Territorial
🇵🇸 Palestine 15.0% 15.0% 16.0% 0.0% -- Territorial
⚠️ DISCLAIMER

Low headline rates may not reflect effective rates after surcharges, municipal taxes, or solidarity levies. Some countries apply progressive brackets where only the first bracket is low. Social security contributions can significantly increase the total tax burden. Always consult a qualified tax professional.