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Ecuador vs Monaco
Tax Rate Comparison

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

πŸ‡ͺπŸ‡¨ Ecuador
vs
πŸ‡²πŸ‡¨ Monaco
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–37%
37% top; fiscal consolidation continuing
No change
0%
No personal income tax maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% VAT maintained for fiscal reasons
No change
20%
French VAT: 20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25%; oil sector dominant; Pillar Two considerations
No change
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
Capital Gains Tax
Capital Gains Tax
10%
10% on gains
No change
0%
No CGT for residents
No change
Social Security & Payroll
Social Security / Payroll
~32.09%
IESS; actuarial deficit concerns
No change
~30%
Social contributions stable; high living standards
No change
State, Regional & Local Taxes

πŸ‡ͺπŸ‡¨ Ecuador β€” Municipal & Provincial Taxes

Ecuador's 24 provinces and 221 cantons (municipalities) levy the impuesto predial (property tax at 0.025%–0.5%), impuesto de patente (business licence), and municipal assets tax. Guayaquil and Quito have the highest municipal commercial charges. The Internal Revenue Service (SRI) administers national taxes. Ecuador uses the US dollar as official currency since 2000, providing monetary stability. Tax reform has been ongoing under successive administrations facing fiscal pressures from oil price volatility.

πŸ‡²πŸ‡¨ 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.

⚠️ 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.

Ecuador vs Monaco: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡ͺπŸ‡¨ Ecuador has a higher top income tax rate (0–37% vs 0%). πŸ‡²πŸ‡¨ Monaco is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Monaco has a higher consumption tax (15% vs 20%).

🏒 Corporate Tax: πŸ‡ͺπŸ‡¨ Ecuador offers a lower corporate rate (25% vs 33.33%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡²πŸ‡¨ Monaco taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

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