Sao Tome and Principe vs Singapore
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΈπΉ Sao Tome and Principe β Sao Tome & Principe Tax System
Sao Tome and Principe is a small island nation in the Gulf of Guinea with progressive income tax up to 25%. IVA (VAT) is 15%. The economy has long been dominated by cocoa exports and foreign aid. Offshore oil potential (Joint Development Zone with Nigeria) has not yet materialized in significant production. The country joined the EITI (Extractive Industries Transparency Initiative).
πΈπ¬ Singapore β City-State β No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0β32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
Sao Tome and Principe vs Singapore: Key Tax Differences (2026)
π° Income Tax: πΈπΉ Sao Tome and Principe has a higher top income tax rate (0β25% vs 0β24%). πΈπ¬ Singapore is more favourable for high earners.
π VAT/Sales Tax: Sao Tome and Principe has a higher consumption tax (15% vs 9%).
π’ Corporate Tax: πΈπ¬ Singapore offers a lower corporate rate (17% vs 25%), which can influence business location decisions.
π Capital Gains: πΈπ¬ Singapore taxes investment gains at a lower rate (0% vs 25%), benefiting investors.