Corporate tax is essentially an income tax for businesses. 

Just as regular people must give a portion of their job earnings to the government, companies must give a portion of their profits to the government.

According to the latest data from the Tax Foundation, Comoros has the world’s highest corporate tax rate at 50%, followed by Puerto Rico at 37.5%.

At the lower end, Turkmenistan charges 8%, while Hungary and the UAE both charge 9%.

The highest-rate group is geographically diverse, with six African countries and five South American countries appearing among the 20 jurisdictions with the highest corporate tax rates.

Europe, however, appears at both extremes of the ranking. It accounts for 10 of the 20 lowest-rate positions while also placing four countries France, Germany, Malta, and Portugal among the 20 highest.

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Highest Statutory Corporate Income Tax Rates in the World

Note: Public enterprises, or those with state participation and turnover exceeding 500 million Comorian francs, are taxed at 50%. The standard rate is 35%.

Lowest Statutory Corporate Income Tax Rates in the World

Note: Jurisdictions with a corporate income tax rate of zero percent are excluded. Apart from Albania and Georgia, this table does not show 11 other countries with a corporate tax rate of 15 percent.

Source: 

Tax Foundation, 2025