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Tax Havens

From the category archives: Tax Havens

Northern Mariana Islands

US income tax laws, federal minimum wages, and immigration laws do not apply to Northern Mariana Island residents.

No personal or corporate taxes in Nauru

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.

Morocco has a free economic zone in Tangier

Tangier Exportation Free Zone provides a tax-free environment for foreign and multinational companies keen to avoid paying corporate tax.

Income tax in Malta    

Foreigners who become a resident of Malta under the unique residence scheme are only taxed on their income derived from Malta.

Macau

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.

Latvia

Since January 2013, significant modifications have been made to Latvia's tax system to make it more competitive and attract foreign investment.

Kuwait has no income tax!

The Kuwait income tax law does not impose personal taxes on income earned by individuals irrespective of nationality.

Kiribati offers a 10% company tax rate

Any company that wishes to establish a business in Kiribati may apply to the Internal Revenue Board for ‘pioneer status’.

Jordanian corporations are only taxed on their Jordanian income

Jordanian resident corporations are only taxed on their Jordanian sourced income.

Jamaica is becoming the centre of international financial services

Since 2011, the Jamaican government has been working on legislation to turn Jamaica into a centre for international financial services in the Caribbean. 
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