- Brackets updated
Refreshed for 2026 — verified date, data year, DITC authority, pension cap CI$87,000, UK treaty count 1, stamp duty tier, corrected Pillar Two note; added pension bracket and sources (PwC, DITC, DLP, HMRC, legislation).
Top income tax
None
None system
Corporate tax
None
VAT/GST
None
standard rate
Tax residency
—
1 tax treaties
Cayman Islands tax profile
Data year: 2026
- Tax system
- None No personal income tax, corporate income tax, capital gains tax, VAT, or withholding tax on dividends, interest or royalties. Government revenue comes mainly from import duties, stamp duty, work-permit and company fees, and tourism. Mandatory pension contributions apply to most employees and self-employed persons under the National Pensions Act.
- Top PIT rate
- No Income Tax
- Corporate tax rate
- No Corporate Tax
- VAT/GST
- No VAT/GST
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 5.0%
- Social security (employer)
- 5.0%
- Social security cap (annual)
- KYD 87,000
- Dividend withholding
- 0.0%
- Interest withholding
- 0.0%
- Royalty withholding
- 0.0%
- Treaty count
- 1
Income tax brackets
Social security
| Bracket min | Bracket max | Rate |
|---|---|---|
| KYD 0 | KYD 87,000 | 5.0% |
Tax residency
- Residency rules
- No income tax, so tax residency has limited direct effect on individuals. Immigration and work-permit rules govern who may live and work locally; the discontinued Global Citizen Concierge programme required at least 90 days’ presence per year but did not create a separate income-tax regime.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
Sources
- Department for International Tax Cooperation (accessed Oct 9, 2026) Tax Information Authority; CRS, FATCA, CbCR, economic substance
- PwC Cayman Islands Tax Summary (accessed Oct 9, 2026) No PIT, CIT, CGT, VAT or WHT; import duties and stamp duty; CbCR and EOIR frameworks
- PwC Cayman Islands — Corporate other taxes (accessed Oct 9, 2026) Import duty 22–27%; stamp duty on property; no property tax
- Department of Labour and Pensions — Pensions Investigation Unit (accessed Oct 9, 2026) 10% total pension contributions (5% employer minimum, up to 5% employee deduction); CI$87,000 annual pensionable earnings cap
- HMRC — UK–Cayman Islands double taxation arrangement (accessed Oct 9, 2026) Arrangement in force from 20 December 2010