Nomad Watch

Taxes

Compare tax rates, brackets, and special regimes for 238 countries

Lowest personal income tax rates

Lowest personal income tax rates
Country PIT rate Effective rate Tax system CIT rate VAT
AE United Arab Emirates 0.0% 0.0% Territorial 9.0% 5.0%
BM Bermuda 0.0% 0.0% None 15.0% —
KY Cayman Islands 0.0% 0.0% None 0.0% —
VG British Virgin Islands 0.0% 0.0% None 0.0% —
BS Bahamas 0.0% 0.0% None 0.0% 10.0%
TC Turks and Caicos 0.0% 0.0% None 0.0% —
AG Antigua and Barbuda 0.0% 0.0% None 25.0% 15.0%
KN Saint Kitts and Nevis 0.0% 0.0% None 33.0% 17.0%
SA Saudi Arabia 0.0% 0.0% Territorial 20.0% 15.0%
QA Qatar 0.0% 0.0% Territorial 10.0% 0.0%
BH Bahrain 0.0% 0.0% None 0.0% 10.0%
KP North Korea 0.0% 0.0% Territorial 25.0% 0.0%
KW Kuwait 0.0% 0.0% None 15.0% 0.0%
OM Oman 0.0% 0.0% Territorial 15.0% 5.0%
BL Saint Barthelemy 0.0% 0.0% None 0.0% —

Featured special regimes

Featured special regimes
Country Regime Type Flat rate Lump sum Duration
AE United Arab Emirates Free Zone Regime Free zone 0.0% — —
TH Thailand Long-Term Resident (LTR) Visa Tax Benefits Flat rate 17.0% — 10 yr
TH Thailand BOI Investment Promotion Exemption — — 13 yr
MY Malaysia Labuan International Business and Financial Centre Flat rate 3.0% — —
ID Indonesia Tax Holiday for Pioneer Industries Exemption — — 20 yr
VN Vietnam Economic Zones & High-Tech Parks Exemption 10.0% — 15 yr
IN India Special Economic Zones (SEZ) Exemption — — 15 yr
IN India Startup India Tax Benefits Exemption — — 3 yr
KH Cambodia Qualified Investment Project (QIP) Exemption — — 9 yr
GE Georgia Virtual Zone IT Company Free zone 0.0% — —
Disclaimer. This section provides general tax information for educational and research purposes only. It does not constitute tax, legal, or financial advice. Tax laws change frequently. Always consult a qualified tax professional for advice specific to your situation.