Top income tax
28.0%
Territorial system
Corporate tax
28.0%
VAT
15.0%
standard rate
Tax residency
183 days
1 tax treaties
Grenada tax profile
Data year: 2025
- Tax system
- Territorial Grenada taxes only income sourced from within Grenada. Foreign-source income is not taxed.
- Top PIT rate
- 28.0%
- Corporate tax rate
- 28.0%
- VAT
- 15.0%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 5.0%
- Social security (employer)
- 5.0%
- Dividend withholding
- 15.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 15.0%
- Treaty count
- 1
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| XCD 0 | and above | 28.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| XCD 0 | XCD 24,000 | 10.0% |
| XCD 24,000 | and above | 28.0% |
Tax flags
Territorial Exemption
Tax residency
- Days threshold
- 183 days
- Residency rules
- Resident if present for 183+ days. Only Grenada-source income is taxable.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- March 31
Sources
- imin-caribbean - Grenada (accessed Mar 23, 2026) PIT 10/28%, CIT 28%