Low-tax and tax-free jurisdictions
27 zero-tax · 40 territorial · 30 low-rate · 57 no CGT
Zero personal income tax
27
countries
Territorial tax systems
40
countries
Low flat rate — up to 15% PIT
30
countries
No capital gains tax
57
countries
Zero personal income tax (27)
These countries impose no personal income tax on residents. Ideal for high earners, entrepreneurs, and remote workers.
| Country | CIT | VAT | CGT | System | Regime |
|---|---|---|---|---|---|
 SA
Saudi Arabia
|
20.0% | 15.0% | 0.0% | Territorial | — |
 SO
Somalia
|
10.0% | 5.0% | — | Territorial | — |
 OM
Oman
|
15.0% | 5.0% | 0.0% | Territorial | — |
 KP
North Korea
|
25.0% | 0.0% | 0.0% | Territorial | — |
 AE
United Arab Emirates
|
9.0% | 5.0% | 0.0% | Territorial | — |
 KW
Kuwait
|
15.0% | 0.0% | 0.0% | None | — |
 BS
Bahamas
|
0.0% | 10.0% | — | None | — |
 VU
Vanuatu
|
— | 15.0% | — | None | — |
 QA
Qatar
|
10.0% | 0.0% | 0.0% | Territorial | — |
 BN
Brunei
|
18.5% | 0.0% | 0.0% | Territorial | — |
-
SA
Saudi ArabiaTerritorial
- CIT
- 20.0%
- VAT
- 15.0%
- CGT
- 0.0%
-
SO
SomaliaTerritorial
- CIT
- 10.0%
- VAT
- 5.0%
- CGT
- —
-
OM
OmanTerritorial
- CIT
- 15.0%
- VAT
- 5.0%
- CGT
- 0.0%
-
KP
North KoreaTerritorial
- CIT
- 25.0%
- VAT
- 0.0%
- CGT
- 0.0%
-
AE
United Arab EmiratesTerritorial
- CIT
- 9.0%
- VAT
- 5.0%
- CGT
- 0.0%
-
KW
KuwaitNone
- CIT
- 15.0%
- VAT
- 0.0%
- CGT
- 0.0%
-
BS
BahamasNone
- CIT
- 0.0%
- VAT
- 10.0%
- CGT
- —
-
VU
VanuatuNone
- CIT
- —
- VAT
- 15.0%
- CGT
- —
-
QA
QatarTerritorial
- CIT
- 10.0%
- VAT
- 0.0%
- CGT
- 0.0%
-
BN
BruneiTerritorial
- CIT
- 18.5%
- VAT
- 0.0%
- CGT
- 0.0%
Territorial tax systems (40)
Foreign-source income is exempt from taxation. Remote work for foreign clients is typically not taxed in these countries.
| Country | PIT | CIT | VAT | CGT | Regime |
|---|---|---|---|---|---|
|
AE
United Arab Emirates
|
0.0% | 9.0% | 5.0% | 0.0% | — |
|
SA
Saudi Arabia
|
0.0% | 20.0% | 15.0% | 0.0% | — |
|
QA
Qatar
|
0.0% | 10.0% | 0.0% | 0.0% | — |
|
KP
North Korea
|
0.0% | 25.0% | 0.0% | 0.0% | — |
|
OM
Oman
|
0.0% | 15.0% | 5.0% | 0.0% | — |
|
BN
Brunei
|
0.0% | 18.5% | 0.0% | 0.0% | — |
|
SO
Somalia
|
0.0% | 10.0% | 5.0% | — | — |
 GT
Guatemala
|
7.0% | 25.0% | 12.0% | 10.0% | — |
 PY
Paraguay
|
10.0% | 10.0% | 10.0% | 8.0% | — |
 FM
Micronesia
|
10.0% | 21.0% | 5.0% | — | — |
-
AE
United Arab Emirates
- PIT
- 0.0%
- CIT
- 9.0%
- VAT
- 5.0%
- CGT
- 0.0%
-
SA
Saudi Arabia
- PIT
- 0.0%
- CIT
- 20.0%
- VAT
- 15.0%
- CGT
- 0.0%
-
QA
Qatar
- PIT
- 0.0%
- CIT
- 10.0%
- VAT
- 0.0%
- CGT
- 0.0%
-
KP
North Korea
- PIT
- 0.0%
- CIT
- 25.0%
- VAT
- 0.0%
- CGT
- 0.0%
-
OM
Oman
- PIT
- 0.0%
- CIT
- 15.0%
- VAT
- 5.0%
- CGT
- 0.0%
-
BN
Brunei
- PIT
- 0.0%
- CIT
- 18.5%
- VAT
- 0.0%
- CGT
- 0.0%
-
SO
Somalia
- PIT
- 0.0%
- CIT
- 10.0%
- VAT
- 5.0%
- CGT
- —
-
GT
Guatemala
- PIT
- 7.0%
- CIT
- 25.0%
- VAT
- 12.0%
- CGT
- 10.0%
-
PY
Paraguay
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 10.0%
- CGT
- 8.0%
-
FM
Micronesia
- PIT
- 10.0%
- CIT
- 21.0%
- VAT
- 5.0%
- CGT
- —
Low flat rate — up to 15% PIT (30)
Countries with competitive flat or low progressive personal income tax rates. Sorted by PIT rate (lowest first).
| Country | PIT | CIT | VAT | CGT | System | Regime |
|---|---|---|---|---|---|---|
|
GT
Guatemala
|
7.0% | 25.0% | 12.0% | 10.0% | Territorial | — |
 RO
Romania
|
10.0% | 16.0% | 21.0% | 10.0% | Worldwide | Nomad |
 BG
Bulgaria
|
10.0% | 10.0% | 20.0% | 10.0% | Worldwide | — |
 AD
Andorra
|
10.0% | 10.0% | 4.5% | 10.0% | Worldwide | Nomad |
 BA
Bosnia and Herzegovina
|
10.0% | 10.0% | 17.0% | 10.0% | Worldwide | — |
 RS
Serbia
|
10.0% | 15.0% | 20.0% | 15.0% | Worldwide | — |
 MK
North Macedonia
|
10.0% | 10.0% | 18.0% | 10.0% | Worldwide | — |
|
PY
Paraguay
|
10.0% | 10.0% | 10.0% | 8.0% | Territorial | — |
 KG
Kyrgyzstan
|
10.0% | 10.0% | 12.0% | 10.0% | Worldwide | — |
 TM
Turkmenistan
|
10.0% | 8.0% | 15.0% | 2.0% | Worldwide | — |
-
GT
GuatemalaTerritorial
- PIT
- 7.0%
- CIT
- 25.0%
- VAT
- 12.0%
- CGT
- 10.0%
-
RO
RomaniaWorldwide
- PIT
- 10.0%
- CIT
- 16.0%
- VAT
- 21.0%
- CGT
- 10.0%
-
BG
BulgariaWorldwide
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 20.0%
- CGT
- 10.0%
-
AD
AndorraWorldwide
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 4.5%
- CGT
- 10.0%
-
BA
Bosnia and HerzegovinaWorldwide
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 17.0%
- CGT
- 10.0%
-
RS
SerbiaWorldwide
- PIT
- 10.0%
- CIT
- 15.0%
- VAT
- 20.0%
- CGT
- 15.0%
-
MK
North MacedoniaWorldwide
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 18.0%
- CGT
- 10.0%
-
PY
ParaguayTerritorial
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 10.0%
- CGT
- 8.0%
-
KG
KyrgyzstanWorldwide
- PIT
- 10.0%
- CIT
- 10.0%
- VAT
- 12.0%
- CGT
- 10.0%
-
TM
TurkmenistanWorldwide
- PIT
- 10.0%
- CIT
- 8.0%
- VAT
- 15.0%
- CGT
- 2.0%
No capital gains tax (57)
These countries do not levy capital gains tax on investment gains. Favorable for investors, traders, and crypto holders.
| Country | PIT | CIT | VAT | System | Regime |
|---|---|---|---|---|---|
|
SA
Saudi Arabia
|
0.0% | 20.0% | 15.0% | Territorial | — |
 BO
Bolivia
|
13.0% | 25.0% | 13.0% | Territorial | — |
 YE
Yemen
|
20.0% | 20.0% | 5.0% | Territorial | — |
 IQ
Iraq
|
15.0% | 15.0% | 0.0% | Territorial | — |
|
OM
Oman
|
0.0% | 15.0% | 5.0% | Territorial | — |
 NZ
New Zealand
|
39.0% | 28.0% | 15.0% | Worldwide | Non-dom |
 SY
Syria
|
22.0% | 15.0% | 0.0% | Territorial | — |
 SR
Suriname
|
38.0% | 36.0% | 10.0% | Worldwide | — |
|
KP
North Korea
|
0.0% | 25.0% | 0.0% | Territorial | — |
 CU
Cuba
|
50.0% | 35.0% | — | Worldwide | — |
-
SA
Saudi ArabiaTerritorial
- PIT
- 0.0%
- CIT
- 20.0%
- VAT
- 15.0%
-
BO
BoliviaTerritorial
- PIT
- 13.0%
- CIT
- 25.0%
- VAT
- 13.0%
-
YE
YemenTerritorial
- PIT
- 20.0%
- CIT
- 20.0%
- VAT
- 5.0%
-
IQ
IraqTerritorial
- PIT
- 15.0%
- CIT
- 15.0%
- VAT
- 0.0%
-
OM
OmanTerritorial
- PIT
- 0.0%
- CIT
- 15.0%
- VAT
- 5.0%
-
NZ
New ZealandWorldwide
- PIT
- 39.0%
- CIT
- 28.0%
- VAT
- 15.0%
-
SY
SyriaTerritorial
- PIT
- 22.0%
- CIT
- 15.0%
- VAT
- 0.0%
-
SR
SurinameWorldwide
- PIT
- 38.0%
- CIT
- 36.0%
- VAT
- 10.0%
-
KP
North KoreaTerritorial
- PIT
- 0.0%
- CIT
- 25.0%
- VAT
- 0.0%
-
CU
CubaWorldwide
- PIT
- 50.0%
- CIT
- 35.0%
- VAT
- —
Related
Disclaimer. Tax laws change frequently. Territorial systems may have conditions on what qualifies as “foreign source” income. Zero-tax countries may still impose other taxes (VAT, customs, property). Low headline rates may not reflect effective rates after surcharges. Always consult a qualified tax professional before making decisions based on this data.