WorldTax Compare← All Comparisons

Portugal vs Malawi
Tax Rate Comparison

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

πŸ‡΅πŸ‡Ή Portugal
vs
πŸ‡²πŸ‡Ό Malawi
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
13.25–48%
48% top rate; further bracket relief phasing in
No change
0–35%
35% top; IMF program conditions
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
6–23%
23% standard; food VAT reductions under review
No change
16.5%
16.5% VAT maintained
No change
Corporate Tax Rate
Corporate Tax Rate
19%
Gradual reduction to 15% by 2030; 19% for 2026
β–Ό -2.0pp vs 2025
30%
30%; mining sector developing
No change
Capital Gains Tax
Capital Gains Tax
28%
28% flat; IFICI regime for new residents
No change
30%
30% CGT maintained
No change
Social Security & Payroll
Social Security / Payroll
~34.75%
Stable; pension reform discussions ongoing
No change
~10%
MASM; pension coverage expanding
No change
State, Regional & Local Taxes

πŸ‡΅πŸ‡Ή Portugal β€” Municipal & Regional Taxes

Portugal's 18 districts and 308 municipalities levy a municipal IRS surcharge (Derrama Municipal) of up to 1.5% of taxable income on residents. Municipalities also apply the Derrama Municipal on corporate profits (up to 1.5%). Madeira and Azores autonomous regions have their own lower tax regimes: Madeira has a 14.7% corporate rate in the MIBC (international business centre). Real estate transfer taxes (IMT) are municipal. The NHR (Non-Habitual Resident) regime attracted many foreigners until 2024 when it was replaced by IFICI.

πŸ‡²πŸ‡Ό Malawi β€” District & City Councils

Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries β€” highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.

⚠️ 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.

Portugal vs Malawi: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡΅πŸ‡Ή Portugal has a higher top income tax rate (13.25–48% vs 0–35%). πŸ‡²πŸ‡Ό Malawi is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Portugal has a higher consumption tax (6–23% vs 16.5%).

🏒 Corporate Tax: πŸ‡΅πŸ‡Ή Portugal offers a lower corporate rate (19% vs 30%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡΅πŸ‡Ή Portugal taxes investment gains at a lower rate (28% vs 30%), benefiting investors.

Related Comparisons

πŸ‡΅πŸ‡Ή Portugal vs πŸ‡«πŸ‡· FranceTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡©πŸ‡ͺ GermanyTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡¬πŸ‡§ United KingdomTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡ΊπŸ‡Έ United StatesTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡¦πŸ‡± AlbaniaTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡§πŸ‡Ύ BelarusTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡§πŸ‡¦ Bosnia and HerzegovinaTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡§πŸ‡¬ BulgariaTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡­πŸ‡· CroatiaTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡¨πŸ‡Ώ Czech RepublicTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡ͺπŸ‡ͺ EstoniaTax comparisonπŸ‡΅πŸ‡Ή Portugal vs πŸ‡¬πŸ‡ͺ GeorgiaTax comparison