Saint Vincent and the Grenadines vs China
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ป๐จ Saint Vincent and the Grenadines โ SVG Tax System
Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.
๐จ๐ณ China โ Provincial, Municipal & Surcharge Taxes
China's 34 provincial-level regions vary in social insurance rates (employer contributions: ~16โ23% depending on province). Cities impose Urban Maintenance & Construction Tax (1โ7% of VAT paid). Education surcharges add 3โ5%. Local governments levy land use taxes by city tier. Free Trade Zones often have preferential 15% corporate rates.
Saint Vincent and the Grenadines vs China: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ณ China has a higher top income tax rate (0โ30% vs 3โ45%). ๐ป๐จ Saint Vincent and the Grenadines is more favourable for high earners.
๐ VAT/Sales Tax: Saint Vincent and the Grenadines has a higher consumption tax (15% vs 6โ13%).
๐ข Corporate Tax: ๐จ๐ณ China offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ป๐จ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 20%), benefiting investors.