The Corporate Tax Rate in Micronesia stands at 21 percent. Corporate Tax Rate in Micronesia averaged 21.00 percent from 2020 until 2025, reaching an all time high of 21.00 percent in 2021 and a record low of 21.00 percent in 2021. source: Department of Finance & Administration (DOFA)

Related	Last	Previous	Unit	Reference
Corporate Tax Rate	21.00	21.00	percent	Dec 2025
Sales Tax Rate	5.00	5.00	percent	Dec 2025
Social Security Rate	15.00	15.00	percent	Dec 2025
Social Security Rate For Companies	7.50	7.50	percent	Dec 2025
Social Security Rate For Employees	7.50	7.50	percent	Dec 2025

Micronesia Business Gross Revenue Tax

In Micronesia, the Business Gross Revenue Tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the statutory rate for Corporate Income.