No income tax
27
United Arab Emirates, Bermuda, Cayman Islands…
Territorial tax
40
countries that don't tax foreign income
Top rate 15% or less
30
countries with a low or flat income tax
Newcomer regimes
44
reduced rates for new residents
Lowest personal income tax rates
| Country | PIT rate | Effective rate | Tax system | CIT rate | VAT |
|---|---|---|---|---|---|
|
|
0.0% | 0.0% | Territorial | 9.0% | 5.0% |
|
|
0.0% | 0.0% | None | 15.0% | — |
|
|
0.0% | 0.0% | None | 0.0% | — |
|
|
0.0% | 0.0% | None | 0.0% | — |
|
|
0.0% | 0.0% | None | 0.0% | 10.0% |
|
|
0.0% | 0.0% | None | 0.0% | — |
|
|
0.0% | 0.0% | None | 25.0% | 15.0% |
|
|
0.0% | 0.0% | None | 33.0% | 17.0% |
|
|
0.0% | 0.0% | Territorial | 20.0% | 15.0% |
|
|
0.0% | 0.0% | Territorial | 10.0% | 0.0% |
|
|
0.0% | 0.0% | None | 0.0% | 10.0% |
|
|
0.0% | 0.0% | Territorial | 25.0% | 0.0% |
|
|
0.0% | 0.0% | None | 15.0% | 0.0% |
|
|
0.0% | 0.0% | Territorial | 15.0% | 5.0% |
|
|
0.0% | 0.0% | None | 0.0% | — |
-
AE United Arab EmiratesTerritorial
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 9.0%
- VAT
- 5.0%
-
BM BermudaNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 15.0%
- VAT
- —
-
KY Cayman IslandsNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 0.0%
- VAT
- —
-
VG British Virgin IslandsNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 0.0%
- VAT
- —
-
BS BahamasNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 0.0%
- VAT
- 10.0%
-
TC Turks and CaicosNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 0.0%
- VAT
- —
-
AG Antigua and BarbudaNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 25.0%
- VAT
- 15.0%
-
KN Saint Kitts and NevisNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 33.0%
- VAT
- 17.0%
-
SA Saudi ArabiaTerritorial
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 20.0%
- VAT
- 15.0%
-
QA QatarTerritorial
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 10.0%
- VAT
- 0.0%
-
BH BahrainNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 0.0%
- VAT
- 10.0%
-
KP North KoreaTerritorial
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 25.0%
- VAT
- 0.0%
-
KW KuwaitNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 15.0%
- VAT
- 0.0%
-
OM OmanTerritorial
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 15.0%
- VAT
- 5.0%
-
BL Saint BarthelemyNone
- PIT rate
- 0.0%
- Effective rate
- 0.0%
- CIT rate
- 0.0%
- VAT
- —
Featured special regimes
| Country | Regime | Type | Flat rate | Lump sum | Duration |
|---|---|---|---|---|---|
| Free Zone Regime | Free zone | 0.0% | — | — | |
| Long-Term Resident (LTR) Visa Tax Benefits | Flat rate | 17.0% | — | 10 yr | |
| BOI Investment Promotion | Exemption | — | — | 13 yr | |
| Labuan International Business and Financial Centre | Flat rate | 3.0% | — | — | |
| Tax Holiday for Pioneer Industries | Exemption | — | — | 20 yr | |
| Economic Zones & High-Tech Parks | Exemption | 10.0% | — | 15 yr | |
| Special Economic Zones (SEZ) | Exemption | — | — | 15 yr | |
| Startup India Tax Benefits | Exemption | — | — | 3 yr | |
| Qualified Investment Project (QIP) | Exemption | — | — | 9 yr | |
| Virtual Zone IT Company | Free zone | 0.0% | — | — |
-
AE Free Zone Regime United Arab Emirates
- Type
- Free zone
- Flat rate
- 0.0%
- Lump sum
- —
- Duration
- —
-
TH Long-Term Resident (LTR) Visa Tax Benefits Thailand
- Type
- Flat rate
- Flat rate
- 17.0%
- Lump sum
- —
- Duration
- 10 yr
-
TH BOI Investment Promotion Thailand
- Type
- Exemption
- Flat rate
- —
- Lump sum
- —
- Duration
- 13 yr
-
MY Labuan International Business and Financial Centre Malaysia
- Type
- Flat rate
- Flat rate
- 3.0%
- Lump sum
- —
- Duration
- —
-
ID Tax Holiday for Pioneer Industries Indonesia
- Type
- Exemption
- Flat rate
- —
- Lump sum
- —
- Duration
- 20 yr
-
VN Economic Zones & High-Tech Parks Vietnam
- Type
- Exemption
- Flat rate
- 10.0%
- Lump sum
- —
- Duration
- 15 yr
-
IN Special Economic Zones (SEZ) India
- Type
- Exemption
- Flat rate
- —
- Lump sum
- —
- Duration
- 15 yr
-
IN Startup India Tax Benefits India
- Type
- Exemption
- Flat rate
- —
- Lump sum
- —
- Duration
- 3 yr
-
KH Qualified Investment Project (QIP) Cambodia
- Type
- Exemption
- Flat rate
- —
- Lump sum
- —
- Duration
- 9 yr
-
GE Virtual Zone IT Company Georgia
- Type
- Free zone
- Flat rate
- 0.0%
- Lump sum
- —
- Duration
- —
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.