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Solomon Islands

Melanesia · SB · 1 treaties

What are the main tax rates in the Solomon Islands?

The top personal income tax rate is 40%. The corporate tax rate is 30%, and the standard VAT is 10%.

Tax profile

Corporate income tax 30%
Withholding — dividends 15%
Withholding — interest 15%
Withholding — royalties 15%
VAT / GST (standard) 10%
Personal income (top rate) 40%
Capital gains n/a
Tax system Worldwide
Residency threshold 183 days
Exit / departure tax No
CFC rules No
Transfer pricing None
Digital nomad visa No
Digital services tax none
Global minimum tax (Pillar 2) None

Common questions

How long does it take to become a tax resident in the Solomon Islands?
Tax residency in the Solomon Islands is established after 183 days.
Does the Solomon Islands have a worldwide tax system?
Yes, the Solomon Islands operates a worldwide tax system.
What is the dividend withholding tax rate?
The dividend withholding tax rate in the Solomon Islands is 15%.

Tax residency

Easy to leave

What makes you a tax resident — and how hard it is to stop being one.

Official guidance indicates tax residency is based on physical presence, so leaving and staying under the day-count test should end residency. No official guidance in the provided results shows a citizenship, domicile, or multi-year tail rule for individuals.

Source: Inland Revenue Division, Solomon Islands

Tax treaty network (1)

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.

PartnerDivIntRoy
United Kingdom