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VG

British Virgin Islands

Caribbean USD

VG · VGB · #209 · 5 cities

Nomad score 47/100 Compare
Top income tax None None system
Corporate tax None
VAT/GST None standard rate
Tax residency — 1 tax treaties

British Virgin 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. The Income Tax Act remains on the statute book but rates are set at zero; BVI Business Companies are generally exempt from income tax under the BVI Business Companies Act. Public revenue relies on payroll tax (on local employment), social security and national health insurance contributions, trade licences, annual company fees, stamp duty, customs duties, and property taxes.
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)
4.0%
Social security (employer)
4.5%
Social security cap (annual)
USD 53,400
Dividend withholding
0.0%
Interest withholding
0.0%
Royalty withholding
0.0%
Treaty count
1
Tax authority: Inland Revenue Department Website

Income tax brackets

Personal income
Personal income brackets
Bracket min Bracket max Rate USD equivalent
USD 10,000 and above 8.0% $10,000 +
Social security
Social security brackets
Bracket min Bracket max Rate USD equivalent
USD 0 USD 53,400 4.0% $0 – $53,400
Local currency: USD

Tax residency

Residency rules
With no personal income tax, individual tax residency has limited domestic income-tax effect. Payroll tax, social security, NHI, work permits, and economic-substance rules apply to persons and entities carrying on activities in the territory. There is no simple day-count income-tax residency threshold in published guidance.
Exit tax
No
CFC rules
No

Filing information

Fiscal year
01-01 – 12-31
No personal or corporate income tax return. Employers file payroll tax returns monthly (due within 21 days of month-end) and annual payroll returns (typically by 30 April). Social security contributions are due by the 14th of the following month. BVI Business Companies pay annual registry fees and, where required, file annual financial returns with the registered agent and economic-substance or CbC notifications with the International Tax Authority.

Sources

Change history

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

    • Brackets updated

    Refreshed for 2026 — verified date, social security rates and cap, payroll bracket, treaty count 1, IRD URL, sources and prose (https://www.vissb.vg/contributions/) (https://www.deloitte.com/content/dam/assets-shared/docs/services/tax/2025/dttl-tax-britishvirginislandshighlights-2025.pdf) Source

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