Tax Rankings 2026

Lowest Corporate Tax Countries in Asia 2024

This ranking lists 50 countries from lowest to highest by corp_tax ascending. Bahrain leads at 0.0%, while Sri Lanka has the highest rate at 30.0%. Data year: 2024.

📅 April 2026 🌎 50 countries ranked 📈 corp_tax ascending 🕑 Data: 2024
Key Insight Lowest rates: Bahrain, Turkmenistan, UAE lead this ranking. The top-ranked country charges only 0.0% — making it among the most attractive globally for tax residency optimisation. Compare the full list below.

Top 3 — Lowest Corporate Tax Countries in Asia 2024

1st
Bahrain
0.0%
Statutory rate
2nd
Turkmenistan
8.0%
Statutory rate
3rd
UAE
9.0%
Statutory rate
50countries ranked
19.4%average rate
1at 0% (tax-free)
2above 30%

Full Rankings Table

Filter: 50 countries
# Country Corporate Tax Rate
1
Bahrain
Asia
0.0%
2
Turkmenistan
Asia
8.0%
3
UAE
Asia
9.0%
4
Kyrgyzstan
Asia
10.0%
5
Timor-Leste
Asia
10.0%
6
Qatar
Asia
10.0%
7
Macau
Asia
12.0%
8
Iraq
Asia
15.0%
9
Palestine
Asia
15.0%
10
Oman
Asia
15.0%
11
Maldives
Asia
15.0%
12
Uzbekistan
Asia
15.0%
13
Kuwait
Asia
15.0%
14
Georgia
Asia
15.0%
15
Hong Kong (update)
Asia
16.5%
16
Lebanon
Asia
17.0%
17
Singapore
Asia
17.0%
18
Tajikistan
Asia
18.0%
19
Armenia
Asia
18.0%
20
Brunei
Asia
18.5%
21
Afghanistan
Asia
20.0%
22
Azerbaijan
Asia
20.0%
23
Jordan
Asia
20.0%
24
Taiwan
Asia
20.0%
25
Yemen
Asia
20.0%
26
Cambodia
Asia
20.0%
27
Laos
Asia
20.0%
28
Saudi Arabia
Asia
20.0%
29
Vietnam
Asia
20.0%
30
Thailand
Asia
20.0%
31
Kazakhstan
Asia
20.0%
32
Syria
Asia
22.0%
33
Myanmar
Asia
22.0%
34
Indonesia
Asia
22.0%
35
Israel
Asia
23.0%
36
Malaysia
Asia
24.0%
37
South Korea
Asia
24.0%
38
Mongolia
Asia
25.0%
39
Iran
Asia
25.0%
40
North Korea
Asia
25.0%
41
China
Asia
25.0%
42
Nepal
Asia
25.0%
43
Philippines
Asia
25.0%
44
Turkey
Asia
25.0%
45
India
Asia
25.2%
46
Bangladesh
Asia
27.5%
47
Pakistan
Asia
29.0%
48
Japan
Asia
29.7%
49
Bhutan
Asia
30.0%
50
Sri Lanka
Asia
30.0%

Frequently Asked Questions

Which countries have the lowest Corporate Tax Rate?
The countries with the lowest Corporate Tax Rate are: Bahrain, Turkmenistan, UAE. Bahrain leads at 0.0%. Zero-tax or near-zero jurisdictions include UAE, Bahrain, and Cayman Islands for most income taxes. Among OECD nations, Bulgaria (10% flat), Hungary (15%), and Ireland (12.5% corporate) are notable low-tax options.
How does Corporate Tax Rate affect expats and digital nomads?
Corporate Tax Rate directly impacts take-home pay and investment returns for globally mobile professionals. A 30-percentage-point difference between countries can mean €30,000/year saved on €100,000 gross income. Key considerations: the 183-day residency rule, tax treaties between countries, territorial vs worldwide tax systems, and special regimes (Portugal IFICI 10% flat, Spain Beckham Law 24%). Always confirm current rates with official sources before relocating.
What is the methodology behind the Lowest Corporate Tax Countries in Asia 2024?
This ranking uses statutory headline rates from corp_tax ascending, data year 2024. Statutory rates are the official legal top rates — effective rates (after deductions, allowances, and tax treaty benefits) are typically lower. Corporate rates shown are the standard national rate excluding municipal or state surcharges. Rankings are updated annually as new OECD and official national data becomes available.
Data sources: OECD Tax Database, IMF Fiscal Monitor, national tax authorities. Rates shown are statutory headline rates (top marginal for income tax, standard for VAT/corporate). Effective rates depend on deductions, filing status, and individual circumstances. Last updated April 2026. Not tax advice — consult a qualified advisor for your situation.