Grenada vs Dominica
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇬🇩 Grenada — Grenada Tax System
Grenada imposes income tax at a flat 30% on income above the personal allowance. No capital gains tax applies. VAT is 15%. The Citizenship by Investment programme (among the oldest in the Caribbean) is a significant revenue source. The 'Spice Isle' economy depends heavily on tourism and nutmeg exports.
🇩🇲 Dominica — Dominica Tax System
Dominica has progressive income tax up to 35%. No capital gains tax. VAT at 15%. The Citizenship by Investment programme (established 1993, the world's oldest) is a major budget contributor — CBI fees can be as low as $100,000. The 'Nature Isle' economy relies on eco-tourism and agriculture.
Grenada vs Dominica: Key Tax Differences (2026)
💰 Income Tax: 🇩🇲 Dominica has a higher top income tax rate (0–30% vs 0–35%). 🇬🇩 Grenada is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
🏢 Corporate Tax: 🇩🇲 Dominica offers a lower corporate rate (25% vs 28%), which can influence business location decisions.