Which countries have the highest corporate taxes in the world?

Which countries have the highest corporate taxes in the world? In year 2017 United States, Germany, France and Spain were positioned as the countries with the highest corporate tax rate in the world.

What is the corporate tax? Corporate tax is a direct tax, whose value depends directly on the financial results of the business activity of a particular company. The corporate tax is a difference between an income obtained from the sales and production costs, direct or indirect. The difference between these two valuables is a profit obtained by a company, which gets taxed. Having information about the corporate tax rates in different countries helps us when choosing a favorable jurisdiction for the development of a new business. Since most of our clients are dedicated to the online business, the tax domicile of their companies becomes a very flexible factor, easy to change or transfer, compared with physical businesses. Here we present the table of corporate income taxes in more than 100 offshore and onshore countries around the world.

Corporate taxes around the world 2017

The countries with the highest corporate taxes in the world are the United States, Germany, France and Spain. In the table presented bellow you can compare country by country the corporate taxes marked for the year 2017.

Corporate taxes by country
Afganistan20%
Albania15%
Germany29,65%
Algeria23%
Angola30%
Saudi Arabia20%
Argentina35%
Armenia20%
Aruba28%
Australia30%
Austria25%
Bahamas0%
Bahrain0%
Bangladesh27,5%
Barbados25%
Belarus18%
Belgium33,99%
Bermuda0%
Bolivia25%
Bonaire0%
Bosnia y Herzegovina10%
Botswana25%
Brazil34%
Bulgaria10%
Cambodia20%
Cameroon33%
Canada26,5%
Chile22,5%
China25%
Colombia25%
Costa Rica30%
Croatia20%
Curacao25%
Cyprus12,5%
Denmark23,5%
Ecuador22%
Egypt22,5%
El Salvador30%
United Arab Emirates0%
Slovakia22%
Slovenia17%
Spain28%
United States40%
Estonia20%
Fiji20%
PHilippines30%
Finland20%
France33,33%
Georgia15%
Ghana25%
Gibraltar10%
Greece29%
Guatemala25%
Guernsey0%
Netherlands25%
Honduras30%
Hong Kong16,5%
Hungary19%
Iceland20%
Cayman Islands0%
India34,61%
Indonesia25%
Iraq35%
Ireland12,5%
Isle of Man0%
Israel26,5%
Italy31,4%
Jamaica25%
Japan33,06%
Jersey0%
Jordan20%
Kazakhstan20%
Kenya30%
Korea24,2%
Kuwait15%
Latvia15%
Lebanon15%
Libya20%
Liechtenstein12,5%
Lithuania15%
Luxembourg29,22%
Macau12%
Macedonia10%
Malawi30%
Malaysia25%
Malta35%
Mauritius15%
Mexico30%
Moldova12%
Montenegro9%
Morocco30%
Mozambique32%
Namibia33%
New Zealand28%
Nigeria30%
Norway27%
Oman12%
Pakistan33%
Panama25%
Papua New Guinea30%
Paraguay10%
Peru28%
Poland19%
Portugal21%
Qatar10%
United Kingdom20%
Czech Republic19%
Dominican Republic27%
Rumania16%
Russia20%
Samoa27%
Saudi Arabia20%
Sierra Leone30%
Serbia15%
Singapore17%
Sint Maarten34,5%
South Africa28%
Sri Lanka28%
St Maarten24,5%
Sudan35%
Suriname34,5%
Sweden22%
Switzerland17,92%
Syria22%
Taiwan17%
Tanzania30%
Thailand20%
Trinidad and Tobago25%
Tunisia25%
Turkey20%
Uganda30%
Ukraine18%
Uruguay25%
Vanuatu0%
Venezuela34%
Vietnam22%
Yemen20%
Zambia35%
Zimbabwe25,75%
Average Europe20,6%
Average North America33,25%
Average Latin America28,3%
Average globally23,87%