Presentation of the Federated States of Micronesia : Taxation

Sales tax

3% to 5% depending on the state

Company Tax :

Corporate income tax: 21%

Withholding Taxes :

Dividend: 0%; Interest: 0%; Royalties: 0%.

Social Security Contributions Paid By Employers :

7.5%

Other Domestic Resources

Customs & Tax Administration

Consult Doing Business Website, to obtain a summary of the taxes and mandatory contributions.

Country Comparison For Corporate Taxation