Cayman Islands
Caribbean · KY · 1 treaties
What is the tax system in the Cayman Islands?
The Cayman Islands has a no income tax system. There is 0% personal income tax, 0% corporate tax rate, and 0% dividend withholding tax.
Tax profile
| Corporate income tax | 0% |
| Withholding — dividends | 0% |
| Withholding — interest | 0% |
| Withholding — royalties | 0% |
| VAT / GST (standard) | 0% |
| Personal income (top rate) | 0% |
| Capital gains | n/a |
| Tax system | No Income Tax |
| Residency threshold | 183 days |
| Exit / departure tax | No |
| CFC rules | No |
| Transfer pricing | None |
| Digital nomad visa | Global Citizen Concierge Program |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | Committed |
Common questions
- How long does it take to become a tax resident in the Cayman Islands?
- It takes 183 days to establish tax residency in the Cayman Islands.
- What is the corporate tax rate in the Cayman Islands?
- The corporate tax rate in the Cayman Islands is 0%.
- Are there any taxes on cryptocurrency in the Cayman Islands?
- Cryptocurrency is exempt in the Cayman Islands, with long-term holdings also being exempt.
Tax treaty network (20)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| United Kingdom | 5% | 10% | 10% |
| Canada | 5% | 10% | 10% |
| China | 10% | 10% | 10% |
| Finland | 5% | 10% | 10% |
| France | 5% | 10% | 10% |
| Germany | 5% | 10% | 10% |
| Jamaica | 15% | 15% | 15% |
| Japan | 5% | 10% | 10% |
| South Korea | 10% | 10% | 10% |
| Mexico | 5% | 15% | 15% |
| Netherlands | 5% | 10% | 10% |
| Norway | 5% | 10% | 10% |
| Russia | 10% | 10% | 10% |
| South Africa | 5% | 10% | 10% |
| Sweden | 5% | 10% | 10% |
| Switzerland | 5% | 10% | 10% |
| United States of America | 5% | 10% | 10% |
| Ireland | 5% | 10% | 10% |
| Malta | 5% | 10% | 10% |
| Trinidad and Tobago | 15% | 15% | 15% |