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🌍 TERRITORIAL TAX SYSTEMS

40 countries where foreign-source income is exempt from taxation
🌐 ALL TERRITORIAL SYSTEMS (40)

In territorial tax systems, only domestic-source income is taxed. Foreign-source income — including remote work for foreign clients — is typically exempt.

Country PIT CIT VAT CGT Div WHT Terr. Exempt Regime
🇦🇪 United Arab Emirates 0.0% 9.0% 5.0% 0.0% 0.0%
🇸🇦 Saudi Arabia 0.0% 20.0% 15.0% 0.0% 5.0%
🇶🇦 Qatar 0.0% 10.0% 0.0% 0.0% 0.0%
🇰🇵 North Korea 0.0% 25.0% 0.0% 0.0% --
🇴🇲 Oman 0.0% 15.0% 5.0% 0.0% 0.0%
🇧🇳 Brunei 0.0% 18.5% 0.0% 0.0% 0.0%
🇸🇴 Somalia 0.0% 10.0% 5.0% -- --
🇬🇹 Guatemala 7.0% 25.0% 12.0% 10.0% 5.0%
🇵🇾 Paraguay 10.0% 10.0% 10.0% 8.0% 15.0%
🇫🇲 Micronesia 10.0% 21.0% 5.0% -- --
🇹🇱 East Timor 10.0% 10.0% -- -- --
🇲🇴 Macau 12.0% 12.0% 0.0% 0.0% 0.0%
🇵🇼 Palau 12.0% 4.0% 10.0% -- --
🇲🇭 Marshall Islands 12.0% 3.0% -- -- --
🇧🇴 Bolivia 13.0% 25.0% 13.0% -- 12.5%
🇮🇶 Iraq 15.0% 15.0% 0.0% 0.0% --
🇸🇨 Seychelles 15.0% 25.0% 15.0% 0.0% 0.0%
🇸🇹 São Tomé and Príncipe 15.0% 25.0% 15.0% -- --
🇵🇸 Palestine 15.0% 15.0% 16.0% 0.0% --
🇭🇰 Hong Kong 17.0% 16.5% 0.0% 0.0% 0.0%
🇸🇸 South Sudan 20.0% 25.0% 18.0% -- --
🇬🇬 Guernsey 20.0% 0.0% -- 0.0% --
🇬🇪 Georgia 20.0% 15.0% 18.0% 20.0% 5.0% 🏷️
🇱🇾 Libya 20.0% 20.0% 0.0% -- --
🇾🇪 Yemen 20.0% 20.0% 5.0% 0.0% --
🇸🇾 Syria 22.0% 15.0% 0.0% 0.0% --
🇸🇬 Singapore 24.0% 17.0% 9.0% 0.0% 0.0%
🇱🇧 Lebanon 25.0% 17.0% 11.0% 10.0% --
🇭🇳 Honduras 25.0% 25.0% 15.0% 10.0% 10.0%
🇧🇿 Belize 25.0% 25.0% 12.5% -- 15.0%
🇵🇦 Panama 25.0% 25.0% 7.0% 10.0% 10.0%
🇨🇷 Costa Rica 25.0% 30.0% 13.0% 15.0% 15.0%
🇬🇩 Grenada 28.0% 28.0% 15.0% -- 15.0%
🇬🇮 Gibraltar 28.0% 15.0% -- 0.0% --
🇩🇯 Djibouti 30.0% 25.0% 10.0% -- --
🇲🇾 Malaysia 30.0% 24.0% 8.0% 10.0% 0.0%
🇳🇮 Nicaragua 30.0% 30.0% 15.0% 10.0% 15.0%
🇺🇾 Uruguay 36.0% 25.0% 22.0% 12.0% 7.0% 🏷️
🇵🇫 French Polynesia 40.0% 25.0% 16.0% -- --
🇳🇨 New Caledonia 40.0% 30.0% 11.0% -- --
⚠️ DISCLAIMER

Territorial tax rules vary significantly. Some countries only exempt certain types of foreign income, have minimum stay requirements, or require active claims. The definition of "foreign source" differs by jurisdiction. Always consult a qualified tax professional.