Rate
—
Duration
—
Prior non-residency
—
required before applying
Standard top income tax
30.0%
Tuvalu, without the regime
Overview
- Regime
- International Companies Act income tax exemption
- Country
- Tuvalu
- Type
- Exemption
- Status
- Active
- Effective from
- Jan 1, 2009
- Expires on
- —
Details
- Summary
- Companies incorporated under the International Companies Act and certain payments to non-resident holders are exempt from the Income Tax Act.
- Eligibility
- Company incorporated under the International Companies Act 2009; exemption covers the company and non-resident recipients of dividends, interest, rent, royalties and gains on securities.
- Benefits
- Exemption from Tuvalu income tax on company income and on specified distributions and capital gains to non-residents.
- Requirements
- Incorporation and ongoing compliance under the International Companies Act; registered agent and statutory filings.
- Limitations
- Does not exempt Tuvalu-source income of persons tax resident under the Income Tax Act; domestic employment and business profits remain taxable.
- Income types covered
- Corporate profits and non-resident portfolio income on international company securities.
- Duration details
- While the company remains incorporated and compliant under the International Companies Act.
View source International Companies Act 2009 s. 69