WorldTax Compareโ† All Comparisons

Monaco vs Guyana
Tax Rate Comparison

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

๐Ÿ‡ฒ๐Ÿ‡จ Monaco
vs
๐Ÿ‡ฌ๐Ÿ‡พ Guyana
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0%
No personal income tax maintained
No change
28โ€“40%
40% top; oil revenue transforming economy
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
French VAT: 20% standard
No change
14%
14% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
25โ€“40%
25% non-oil; oil sector revenues dominant
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT for residents
No change
20%
20% CGT
No change
Social Security & Payroll
Social Security / Payroll
~30%
Social contributions stable; high living standards
No change
~14%
NIS reform; oil wealth funding social expansion
No change
State, Regional & Local Taxes

๐Ÿ‡ฒ๐Ÿ‡จ Monaco โ€” 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 โ€” with the world's highest per-capita millionaires. VAT is aligned with the French system.

๐Ÿ‡ฌ๐Ÿ‡พ Guyana โ€” Regional & Municipal Taxes

Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Monaco vs Guyana: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฌ๐Ÿ‡พ Guyana has a higher top income tax rate (0% vs 28โ€“40%). ๐Ÿ‡ฒ๐Ÿ‡จ Monaco is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Monaco has a higher consumption tax (20% vs 14%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฒ๐Ÿ‡จ Monaco offers a lower corporate rate (33.33% vs 40%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฒ๐Ÿ‡จ Monaco taxes investment gains at a lower rate (0% vs 20%), benefiting investors.

Related Comparisons

๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡ฑ AlbaniaTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡ด AngolaTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡ท ArgentinaTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡ฒ ArmeniaTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡บ AustraliaTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡น AustriaTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ฆ๐Ÿ‡ฟ AzerbaijanTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ง๐Ÿ‡ธ BahamasTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ง๐Ÿ‡ญ BahrainTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ง๐Ÿ‡ฉ BangladeshTax comparison๐Ÿ‡ฒ๐Ÿ‡จ Monaco vs ๐Ÿ‡ง๐Ÿ‡ง BarbadosTax comparison