A zero-taxation policy of foreign income applies to resident individuals residing in Panama as well as Panamanian companies.
Palau taxes individuals at the progressive tax rates of 9.3%, 15% and 19.6%. The corporate tax rate is only 4%, and there are no sales taxes or property taxes.
Oman has a personal tax rate of 0%, and a company tax rate of 15% (this was also 0% before 2017).
US income tax laws, federal minimum wages, and immigration laws do not apply to Northern Mariana Island residents.
In the 1990s, Nauru became a tax haven and offered passports to foreign nationals for a fee. There are no personal or corporate taxes in Nauru.
Tangier Exportation Free Zone provides a tax-free environment for foreign and multinational companies keen to avoid paying corporate tax.
The Marshall Islands taxes individuals at the rate of 8% or 12% of taxable incomes. Resident companies are taxed at the rate of 3% of revenue.
Foreigners who become a resident of Malta under the unique residence scheme are only taxed on their income derived from Malta.
Macau is an offshore financial centre, a tax haven, and a free port with no foreign exchange controls. Tax is imposed on the worldwide income earned by Macau-registered entities.
Income tax in Lebanon is levied based on the territorial system which means only Lebanon sourced income is taxable.