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British Virgin Islands

Caribbean · VG · 1 treaties

What is the tax system in the British Virgin Islands?

The British Virgin Islands operates under a no income tax system, with a 0% personal income tax rate and 0% corporate tax rate.

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
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

What are the personal and corporate income tax rates in the British Virgin Islands?
The personal income tax rate is 0% and the corporate tax rate is 0% in the British Virgin Islands.
Are there withholding taxes on dividends in the British Virgin Islands?
There are no dividend withholding taxes in the British Virgin Islands, with a rate of 0%.
Does the British Virgin Islands have a Value Added Tax (VAT)?
The standard VAT rate in the British Virgin Islands is 0%.

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